NOT LISTED FOR SALE

73731 Serrano Dr Twentynine Palms, CA 92277

4 Beds
3 Baths
6,144 Sq Ft
0.39 Acres

Last Sold February 05, 2016

Last sale price $335,000 $55 Per Sq Ft

92 Days on Market

Highlights

  • Evaporated cooling system
  • Accessible Parking
  • Wall Furnace
  • Laundry Room
  • Carpet

About This Home

As of February 2016

Nice 8 unit apartment complex near the new Tortoise Rock Casino in 29 Palms. 29 Palms Marine base keeps a good number of well qualified military tenants coming town. 5 of the units have newer style slim line evap coolers. Most interior units have newer paint and vinyl tile flooring. Also there is a rented coin operated washer and dryer on premises for extra income. As of 10/09/15 there are 7 of the 8 units rented anywhere from $525 - $595. great ROI. Do not let this investment property pass you by.

Last Agent to Sell the Property

Zach Harris

Harcourts Prime Properties License #01445560 Listed on: 10/09/2015

Harcourts Prime Properties

Last Buyer's Agent

CESAR MENDOZA

DYNASTY REAL ESTATE License #01851959

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 0.39 Acre Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 10 Parking Spaces

Home Design

  • 6,144 Sq Ft Home

Kitchen

  • Range Hood
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Evaporated cooling system
  • Wall Furnace
  • Conventional Septic
  • Cable TV Available

Additional Features

  • Laundry Room
  • Accessible Parking
  • Suburban Location

Listing and Financial Details

  • Tax Lot 25
  • Tax Tract Number 3059
  • Assessor Parcel Number 0617153020000

Community Details

Overview

  • 2 Buildings
  • 8 Units

Amenities

  • Laundry Facilities

Building Details

  • 8 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $200
  • Insurance Expense $2,500
  • Professional Management Expense $4,224
  • Trash Expense $600
  • Water Sewer Expense $3,000
  • New Taxes Expense $5,106
  • Gross Income $4,400
  • Net Operating Income $37,070

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Professional Management Expense: 4224.00
  • Property Attached: No
  • Water Sewer Expenses: 3000.00
  • Property Type: Residential Income
  • Parcel Number: 0617153020000
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Laminate Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Accessibility Features: Parking
  • Appliances: Yes
  • Price Per Square Foot: 54.52

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Range Hood, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Community
  • Sewer: Conventional Septic
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 16851.00
  • Price Per Lot Square Foot: 19.88
  • Lot Size Acres: 0.3870

Multi Family

  • Electric Expense: 200.00
  • Gross Income: 4400.00
  • Gross Scheduled Income: 52800.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 16851.0000 Square Feet
  • Net Operating Income: 37070.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 15730.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5106.00
  • Tax Lot: 25
  • Tax Tract Number: 3059

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2016 02/05/16 Sold $335,000 +19.6% $55 / Sq Ft
01/09/2016 01/09/16 Pending -- -- --
10/09/2015 10/09/15 For Sale $280,000 -- $46 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2016

    Zach Harris

    Harcourts Prime Properties

    Section Image

  • C

    Buyer's Agent in 2016

    CESAR MENDOZA

    DYNASTY REAL ESTATE

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: JT15222133

California Regional Multiple Listing Service (CRMLS)

California San Bernardino County Twentynine Palms 92277

73731 Serrano Dr, Twentynine Palms, CA

This home is located at 73731 Serrano Dr, Twentynine Palms, CA 92277 since 09 October 2015. This property was built in 1985. 73731 Serrano Dr is a home located in San Bernardino County with nearby schools including Palm Vista Elementary School, Twentynine Palms Junior High School, and Twentynine Palms High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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