Estimated payment $3,841/month
Highlights
- Mountain View
- No HOA
- Cooling System Mounted To A Wall/Window
About This Home
(36 units /36Beds/36Baths/Each Unit is 500sqft 1B1B) Multi-family commercial/residential complex for sale. After Construction, the property may be rented via Section 8 Government Housing. Section 8 currently pays about $1,000 for each unit. The property consists of four separate apartment buildings with an equal number of units in each all configured as one bedroom one bathroom units totaling approximately 22000 square feet of living area on an expansive three acre lot. Utilities including gas water and electric are present and the property features separate laundry room structures. Two of the four buildings have recently received new roofs and one unit in the first building has been fully completed while the remaining units are ready for renovation. The entire complex is currently vacant and offers significant upside potential with projected rents of $1000-$1,200 per unit upon completion as Trona continues to grow and much of the surrounding real estate is being actively rehabilitated creating strong future demand and long term upside. Plan of Action to get leased available soon in MLS supplements. Construction Cost Supplements coming soon. There is already a successful apartment complex with over 50 units in Trona known as the Searles Valley Apartments. They currently have a large waiting list, which suggests tenants are already waiting to move in!
Listing Agent
Rise Realty Brokerage Phone: 951-581-1118 License #02199726 Listed on: 01/04/2026
Property Details
Home Type
- Condominium
Year Built
- Built in 1948
Lot Details
- No Common Walls
- Rural Setting
- Density is 2-5 Units/Acre
Property Views
- Mountain
- Desert
- Neighborhood
Home Design
- Entry on the 1st floor
- Mixed Use
Interior Spaces
- 21,660 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 36 Main Level Bedrooms
Laundry
- Laundry Located Outside
- Washer Hookup
Utilities
- Cooling System Mounted To A Wall/Window
Listing and Financial Details
- Tax Lot 150
- Tax Tract Number 4352
- Assessor Parcel Number 0485205010000
- $1,579 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 36 Units
Amenities
- Laundry Facilities
Map
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 | $29,817 | $219,733 | $54,121 | $165,612 |
| 2024 | $3,734 | $215,425 | $53,060 | $162,365 |
| 2023 | $11,494 | $211,201 | $52,020 | $159,181 |
| 2022 | $2,845 | $207,060 | $51,000 | $156,060 |
| 2021 | $2,775 | $203,000 | $50,000 | $153,000 |
| 2020 | $2,585 | $182,945 | $41,310 | $141,635 |
| 2019 | $2,545 | $179,358 | $40,500 | $138,858 |
| 2018 | $2,352 | $175,841 | $39,706 | $136,135 |
| 2017 | $2,313 | $172,393 | $38,927 | $133,466 |
| 2016 | $2,245 | $169,013 | $38,164 | $130,849 |
| 2015 | $9,583 | $166,475 | $37,591 | $128,884 |
| 2014 | $6,437 | $163,214 | $36,855 | $126,359 |
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 |
|---|---|---|---|---|
| 07/13/2026 07/13/26 | Price Changed | $599,999 | -7.4% | $28 / Sq Ft |
| 06/22/2026 06/22/26 | Price Changed | $648,000 | -0.3% | $30 / Sq Ft |
| 06/09/2026 06/09/26 | Price Changed | $650,000 | -5.6% | $30 / Sq Ft |
| 02/26/2026 02/26/26 | Price Changed | $688,888 | 0.0% | $32 / Sq Ft |
| 02/26/2026 02/26/26 | For Sale | $688,888 | -8.1% | $32 / Sq Ft |
| 01/31/2026 01/31/26 | Pending | -- | -- | -- |
| 01/27/2026 01/27/26 | For Sale | $750,000 | 0.0% | $35 / Sq Ft |
| 01/23/2026 01/23/26 | Pending | -- | -- | -- |
| 01/04/2026 01/04/26 | For Sale | $750,000 | -- | $35 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Administrators Deed | $221,000 | None Available | |
| Grant Deed | $50,000 | First American Title Company | |
| Trustee Deed | $197,813 | None Available | |
| Grant Deed | $590,000 | Southland Title | |
| Grant Deed | $92,500 | First American |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $180,000 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SW26001378
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Ask me questions while you tour the home.