NOT LISTED FOR SALE

7301 Apache Trail Yucca Valley, CA 92284

10 Beds
10 Baths
24,046 Sq Ft
1.05 Acres Lot

Sale Details

Date Sold: January 12, 2018

Last sale price $1,537,000 $64 Per Sq Ft

133 Days on Market

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 2018

Mixed 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

Amy Wang

High Ten Partners, Inc. License #01349731 Listed on: 05/04/2017

High Ten Partners, Inc.

Last Buyer's Agent

Eunice Park

RE/MAX Galaxy License #01359352

RE/MAX Galaxy

Property Details

Home Type

  • Multi-Family

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

1.05 Acres

Listing Details

  • CapRate: 8.65
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 7233.00
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 0586304100000
  • Year Built: 1966
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Levels: Two
  • Price Per Square Foot: 63.92

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 70.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Conventional Septic
  • Trash Expense: 2792.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 0586-314-03-0000
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 45746.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 700 Square Feet
  • Average2 Bed Area: 1050 Square Feet
  • Average Studio Area: 455 Square Feet
  • Electric Expense: 1630.00
  • Gross Income: 272741.00
  • Gross Multiplier: 8.31
  • Gross Operating Income: 201145.00
  • Gross Scheduled Income: 210468.00
  • Gross Spendable Income: 210468.00
  • Insurance Expense: 10763.00
  • Laundry Income: 1200.00
  • Maintenance Expense: 638.00
  • Net Operating Income: 151342.00
  • Number Of Separate Electric Meters: 24
  • Number Of Separate Gas Meters: 24
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 20
  • Number Of Units Total: 23
  • Operating Expense: 49803.00
  • Other Expense: 3622.00
  • Rent Control: No
  • Total Actual Rent: 18374.00
  • Total Expenses: 49803.00

Tax Info

  • New Taxes Expense: 24375.00
  • Tax Area: 23019
  • Tax Census Tract: 104.11
  • Tax Lot: 115
  • Tax Tract Number: 2865

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2025
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,870,000
Outstanding Balance
$1,861,731
Interest Rate
6.67%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 17, 2018
Sold by
Bought by

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
Bought by
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
Bought by

Purchase Details

Closed on
Mar 14, 2007
Sold by
Bought by

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
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,970,000 Ticor Title Company
-- North American Title Company
$1,537,500 Old Republic Title
-- Accommodation
$1,750,000 First American Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,870,000
Previous Owner $1,070,000
Previous Owner $1,070,000
Previous Owner $1,312,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $6,529 $476,885 $83,664 $393,221
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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR17098415

California Regional Multiple Listing Service (CRMLS)

APN: 0586-304-10

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