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    7222 Palo Alto Avenue

    Yucca Valley, CA 92284
    • $1,350,000
    • STATUS: Active Under Contract
    • ON SITE: 83 days
    • ID#: SR21009320
    Under Contract
    UPDATED: 10 min ago
    $1,350,000
    • 0
      BEDS
    • 1.02
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,910
      SQFT
    • $136
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1988
    County:

    School Ratings & Info

    Description

    Great collection of 17 units in Yucca Valley to be sold together for $1,989,000. Well kept buildings with great tenants. This excellent offering features 2 well maintained properties at a great value. Yucca Valley is the business hub of the area. Just 7 miles down the entrance to the famous Joshua Tree National Park, and the gateway to Twentynine Palms Military base. Located in a very low vacancy area with strong tenant demand. The current owner has made many upgrades. The property at 7208-7222 Palo Alto Ave:This 10-unit complex has 4 buildings that occupies 2 lots with 2 separate APN numbers on a large 0.508-acre lot.The property is composed of (4) 2-bedroom 1-bathroom flats (975 sq. ft.) and (6) 2-bedroom 1.5 bathroom townhomes (1007 sq. ft.).Each of these units have an attached 1 car garage and Laundry within. The property at 55966 Santa Fe Trail:This building is composed of five 1-bedroom 1-bathroom (670 sq. ft.) and two 2-bedroom 1-bathroom units. Parking is convenient and secure with gated covered parking.

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    Based on information from CRISNet MLS as of 2021-04-13T15:56:24.95. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2021-04-13T15:56:24.95. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.corrieluxuryhomes.com/homes/113379918
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    7222 Palo Alto Avenue Yucca Valley, CA 92284

    • Price: $1,350,000
    • Status: Active Under Contract
    • Updated: 10 min ago
    • ID#: SR21009320
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.02
    Acres
    9,910
    SQFT
    $136
    $/SQFT
    1988
    Built
    Neighborhood:
    Dc531 - Central East
    County:
    San Bernardino
    Area:
    Dc531 - Central East
    Property Description
    Great collection of 17 units in Yucca Valley to be sold together for $1,989,000. Well kept buildings with great tenants. This excellent offering features 2 well maintained properties at a great value. Yucca Valley is the business hub of the area. Just 7 miles down the entrance to the famous Joshua Tree National Park, and the gateway to Twentynine Palms Military base. Located in a very low vacancy area with strong tenant demand. The current owner has made many upgrades. The property at 7208-7222 Palo Alto Ave:This 10-unit complex has 4 buildings that occupies 2 lots with 2 separate APN numbers on a large 0.508-acre lot.The property is composed of (4) 2-bedroom 1-bathroom flats (975 sq. ft.) and (6) 2-bedroom 1.5 bathroom townhomes (1007 sq. ft.).Each of these units have an attached 1 car garage and Laundry within. The property at 55966 Santa Fe Trail:This building is composed of five 1-bedroom 1-bathroom (670 sq. ft.) and two 2-bedroom 1-bathroom units. Parking is convenient and secure with gated covered parking.
    Exterior Features

    Architectural Style Traditional Carport Spaces 0.00 Construction Materials Drywall WallsStucco Entry Level 1 Entry Location Front Exterior Features Lighting Fence YN Yes Fencing BlockChain LinkExcellent Condition Foundation Details Slab Levels Two Lot Features Desert BackDesert FrontLandscapedRectangular LotLevelNear Public TransitPark Nearby Lot Size Area 44292.0000 Number Of Rented Garages 0 Parking Features Direct Garage AccessConcreteGarage - Single DoorShared Driveway Parking Total 20.00 Parking YN Yes Road Frontage Type City Street Road Surface Type MaintainedPaved Roof Composition Uncovered Spaces 10.00 View DesertMountain(S) View YN Yes

    Interior Features

    Appliances DishwasherEnergy Star Qualified AppliancesEnergy Star Qualified Water HeaterFree-Standing RangeDisposalGas RangeHigh Efficiency Water HeaterRange HoodRefrigeratorSelf Cleaning OvenVented Exhaust FanWater Heater Appliances YN Yes Common Walls 2+ Common WallsNo One AboveNo One Below Cooling Central AirGasEnergy Star Qualified Equipment Cooling YN Yes Flooring CarpetLaminateTile Heating CentralForced AirNatural GasEnergy Star Qualified Equipment Heating YN Yes Interior Features Ceramic CountersCopper Plumbing FullCorian CountersLiving Room Deck AttachedTile CountersUnfurnished Laundry Features Dryer IncludedIn GarageInsideWasher Included Laundry YN Yes Room Type Galley KitchenLaundryLiving Room Window Features Bay Window(S)BlindsScreens

    Property Features

    Accessibility Features 2+ Access Exits32 Inch Or More Wide Doors48 Inch Or More Wide HallsDoors - Swing InEntry Slope Less Than 1 FootGrab Bars In Bathroom(S)Low Pile CarpetingParking Additional Parcels Description 0595281080000 Additional Parcels YN No Association Fee 0.00 Association YN No Community Features SuburbanValley Electric 220 Volts in Laundry Electric Expense 0.00 Fuel Expense 0.00 Gardener Expense 3600.00 Gross Income 0.00 Gross Multiplier 11.60 Gross Operating Income 115236.00 Gross Scheduled Income 118800.00 Insurance Expense 4500.00 Land Lease YN No Laundry Income 0.00 Maintenance Expense 5940.00 Net Operating Income 71556.00 New Construction YN No New Taxes Expense 17550.00 Number Of Separate Electric Meters 10 Number Of Separate Gas Meters 10 Number Of Separate Water Meters 0 Number Of Units Leased 10 Operating Expense 26130.00 Pool Features None Pool Private YN No Professional Management Expense 5340.00 Property Attached YN Yes Property Condition Turnkey Property Sub Type Townhouse Rent Control YN No Security Features Carbon Monoxide Detector(S)Firewall(S)Smoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGasTelephone Total Expenses 26130.00 Trash Expense 2000.00 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedUnderground UtilitiesWater Connected Water Sewer Expense 3600.00 Water Source Public

    Listing provided courtesy of Stuart Schonwetter, CA DRE# 01204213, of Re/Max One.


    Based on information from CRISNet MLS as of 2021-04-13T15:56:24.95. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2021-04-13T15:56:24.95. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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