Seller's Agent in 2018
Amy Wang
High Ten Partners, Inc.
(626) 462-5612
22 Total Sales
7301 Apache Trail Yucca Valley, CA 92284
10
Beds
10
Baths
24,046
Sq Ft
1.05
Acres
Highlights
- 45,746 Sq Ft lot
- Cooling System Mounted To A Wall/Window
- Tile Flooring
- No HOA
- Laundry Room
About This Home
As of January 2018Mixed use 10 commercial retail units and 13 residential units on two parcels, a value added investment opportunity. APN# 0586304100000 and APN# 0586314030000 "Please also check MLS# AR17102067. Two separate two-story buildings: Building 7301 Apache Trail includes 5 retail spaces on the first floor and 5 apartment units on the second floor. Building 56089 Twentynine Palms Highway includes 5 retail spaces on the first floor and 8 apartment units on the second floor. Great exposure with frontage on Twentynine Palms Highway and monument signage. Long term retail tenants, below market rents, ample parking with 70 parking stalls. Apartment units are separately metered for electricity and gas, 2 water meters . Apartment has on-site laundry. Affordable unit mix of 2 bedroom, 1 bedroom, and studio apartments.
Last Agent to Sell the Property
High Ten Partners, Inc. License #01349731 Listed on: 05/04/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,291
Year Built
- Built in 1966
Lot Details
- 1.05 Acre Lot
- No Common Walls
- 0586-314-03-0000
Home Design
- Frame Construction
- Stucco
Interior Spaces
- 24,046 Sq Ft Home
- 2-Story Property
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 10 Bedrooms
- 10 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Parking
- 70 Parking Spaces
- Parking Available
- Unassigned Parking
Outdoor Features
- Rain Gutters
Utilities
- Cooling System Mounted To A Wall/Window
- Natural Gas Connected
- Conventional Septic
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 115
- Tax Tract Number 2865
- Assessor Parcel Number 0586304100000
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 23 Units
Building Details
- 20 Leased Units
- 24 Separate Electric Meters
- 24 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $1,630
- Insurance Expense $10,763
- Maintenance Expense $638
- Other Expense $3,622
- Trash Expense $2,792
- Water Sewer Expense $7,233
- New Taxes Expense $24,375
- Operating Expense $49,803
- Gross Income $272,741
- Net Operating Income $151,342
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 17, 2018
Sold by
Cho Sunhaeng and Ko Sanghee
Bought by
Sh Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,070,000
Interest Rate
4.5%
Mortgage Type
Commercial
Purchase Details
Listed on
May 4, 2017
Closed on
Jan 11, 2018
Sold by
Ly Jana
Bought by
Cho Sunhaeng and Ko Sanghee
Seller's Agent
Amy Wang
High Ten Partners, Inc.
Buyer's Agent
Eunice Park
RE/MAX Galaxy
List Price
$1,750,000
Sold Price
$1,537,000
Premium/Discount to List
-$213,000
-12.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,070,000
Interest Rate
3.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 28, 2007
Sold by
Ly Jana
Bought by
Ly Jana
Purchase Details
Closed on
Mar 14, 2007
Sold by
Zarakov Stanley
Bought by
Ly Jana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,312,500
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sh Group Llc | -- | North American Title Company | |
| Cho Sunhaeng | $1,537,500 | Old Republic Title | |
| Ly Jana | -- | Accommodation | |
| Ly Jana | $1,750,000 | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sh Group Llc | $1,075,000 | |
| Closed | Sh Group Llc | $1,070,000 | |
| Previous Owner | Cho Sunhaeng | $1,070,000 | |
| Previous Owner | Ly Jana | $1,312,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/12/2018 01/12/18 | Sold | $1,537,000 | -12.2% | $64 / Sq Ft |
| 12/07/2017 12/07/17 | For Sale | $1,750,000 | 0.0% | $73 / Sq Ft |
| 09/14/2017 09/14/17 | Pending | -- | -- | -- |
| 07/06/2017 07/06/17 | Price Changed | $1,750,000 | -5.4% | $73 / Sq Ft |
| 06/12/2017 06/12/17 | Price Changed | $1,850,000 | -5.1% | $77 / Sq Ft |
| 05/04/2017 05/04/17 | For Sale | $1,950,000 | -- | $81 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,291 | $467,535 | $82,024 | $385,511 |
| 2023 | $6,010 | $458,368 | $80,416 | $377,952 |
| 2022 | $5,920 | $449,380 | $78,839 | $370,541 |
| 2021 | $6,152 | $440,568 | $77,293 | $363,275 |
| 2020 | $6,213 | $436,050 | $76,500 | $359,550 |
| 2019 | $6,489 | $427,500 | $75,000 | $352,500 |
| 2018 | $8,098 | $588,750 | $117,751 | $470,999 |
| 2017 | $7,252 | $577,206 | $115,442 | $461,764 |
| 2016 | $7,122 | $565,888 | $113,178 | $452,710 |
| 2015 | $6,963 | $557,388 | $111,478 | $445,910 |
| 2014 | $6,904 | $546,469 | $109,294 | $437,175 |
Source: Public Records
Agents Affiliated with this Home
-
Amy Wang
-
Eunice Park
Buyer's Agent in 2018
Eunice Park
RE/MAX
(909) 973-0799
17 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR17098415
APN: 0586-304-10
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