T
Seller's Agent in 2014
Tony Burton
Burton Commercial, Inc.
(951) 375-7433
4 Total Sales
7332 Joshua Ln Yucca Valley, CA 92284
5
Beds
3
Baths
8,541
Sq Ft
0.7
Acres
Highlights
- Evaporated cooling system
- Central Heating and Cooling System
- 2-minute walk to Pioneertown Mountains Preserve - The Wildlands Conservancy
- Laundry Room
About This Home
As of April 2014This is the nicest apartment in Yucca Valley! By far, best returns in the Yucca Valley market. An ACTUAL 8.14 cap and a GRM in the seven's!! Current owners have remodeled & repaired every part of this apartment, inside and out. It's truly immaculate. Everything inside and out like new. Block wall surrounds subject property. Fireplaces and private patios in every unit. Super energy saving landscaping. Tile floors in all the 2&1 units for easy transition to new tenants. Due to the niceness of these clean units, and the attractiveness of all the amenities, these units always stay rented. These units have a history of staying 100% occupied. No deferred maintenance and an effective age of almost new construction!!
The location doesn't get any better. Located just a few hundred feet of the main intersection of Old Woman Springs & Highway 62. This is where all the retailers are in Yucca Valley including Staters for groceries. Tenants are within easy walking distance to all shopping needs. This awesome location and the beauty of these apartments keeps demand for these units very high with a waiting list to get in. Finally, one of the lowest prices per square foot on the market!! No brainer, best apartment, best returns, best buy!
Last Agent to Sell the Property
Burton Commercial, Inc. License #01014173 Listed on: 02/19/2014
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1977
Lot Details
- 0.7 Acre Lot
- Two or More Common Walls
- Density is 11-15 Units/Acre
Home Design
- Property Attached
Interior Spaces
- 8,541 Sq Ft Home
- Living Room with Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Parking
- 10 Parking Spaces
- 10 Carport Spaces
Outdoor Features
- Rain Gutters
Utilities
- Evaporated cooling system
- Central Heating and Cooling System
- Wall Furnace
- Shared Septic
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, HVAC maintenance
- Tax Lot 51
- Tax Tract Number 4336
- Assessor Parcel Number 0587112080000
Community Details
Overview
- 2 Buildings
- 10 Units
Amenities
- Laundry Facilities
Building Details
- 10 Separate Electric Meters
- 10 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,500
- Insurance Expense $2,100
- Professional Management Expense $5,466
- Trash Expense $1,788
- Water Sewer Expense $6,000
- New Taxes Expense $8,190
- Gross Income $6,850
- Net Operating Income $53,046
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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2014 04/30/14 | Sold | $630,000 | -3.1% | $74 / Sq Ft |
| 04/14/2014 04/14/14 | Pending | -- | -- | -- |
| 02/19/2014 02/19/14 | For Sale | $650,000 | +32.7% | $76 / Sq Ft |
| 02/19/2013 02/19/13 | Sold | $490,000 | -18.1% | $57 / Sq Ft |
| 01/12/2013 01/12/13 | Pending | -- | -- | -- |
| 04/30/2012 04/30/12 | For Sale | $598,000 | -- | $70 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Tony Burton
-
Madelaine LaVoie
Seller's Agent in 2013
Madelaine LaVoie
Cherie Real Estate
(760) 401-3374
230 in this area
526 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SW14034747
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