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. 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.
MLS | SW24174550 |
---|---|
Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Pending |
Year | 1973 |
Days On Site | 51 |
Listing Provided By | Burton Commercial, Inc. 951-375-7433 | Tony Burton |
SQ Feet | 3,635 |
---|---|
Garage | 4 |
Story(s) | 2 |
Units | 4 |
Building(s) | 1 |
Acreage | 0.22 |
State | CA |
---|---|
County | San Bernardino |
City | Yucaipa |
Zip Code | 92399 |
Area | 269 Yucaipa | Calimesa | Oak Glen |
Listing VS Median (in 92399) | |
Price: $1,050,000 low | high Med: $575,000 SqFt: 3,635 low | high Med: 1,917 $ / SqFt: $289 low | high Med: $300 On Site: 51 low | high Med: 32.000000 |