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This is a nice 4Plex in the beautiful area of Yucaipa. Yucaipa is known as one of the nicest areas of the Inland Empire with low crime and a high pride of ownership. OWNER WILL CARRY WITH 40% DOWN! CALL FOR DETAILS!!These units consist of four 2 bedrooms, 2 baths, and each unit has it's own 1 car garage.Each unit is separately metered with gas & electric, and tenants sign up for and pay for their own gas & electric bill. Landlord pays water and trash. This complex really performs. At market rents, we're putting out $114,240 annual gross income, a 9.19 Gross Rent Multiplier, a 9.29% Cap Rate, and a robust double digit 19.20% Cash on Cash!! For all income, expense, and return information, please see Marketing Package attached in Supplements. ACTUAL RENTS ARE LOW BUT THEY ARE MONTH TO MONTH. TENANT'S CAN CONSENT TO PAYING MARKET RENTS.
Property Type(s):
Residential Income
| Last Updated | 11/14/2024 | Year Built | 1973 |
|---|---|---|---|
| Community | Yucaipa/Calimesa/Oak Glen | Garage Spaces | 4.0 |
| County | San Bernardino |
Additional Details
| AREA | Yucaipa/Calimesa/Oak Glen |
|---|---|
| GARAGE | Yes |
| LOT | 9375 sq ft |
| LOT DESCRIPTION | 2-5 Units/Acre |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| WATER | Public |
Location
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Listed with Burton Commercial, Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. 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. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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