Address
34645 Avenue H Yucaipa, CA
Price
$ 1,200,000
Property Attributes
  • MLS#IV20200631
  • TypeIncome
  • CountySAN BERNARDINO
  • CityYucaipa
  • AreaYucaipa-Calimesa
  • Zip92399
  • Style
  • Price$ 1,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3606
  • Lot Size0.45 Acres
Listing Provided Courtesy Of:
ALBERT LE with LE INVESTMENT GROUP.
Property Description

Offering an Actual CAP Rate of 4.44%, ProForma CAP Rate of 4.82%. Offering an Acutal GRM of 15.02 with a ProForma GRM of 13.9. Over $45,000 invested in capital improvements to 5 units. New paint, flooring, water heaters, and wall A/C units. Yucaipa is known to be located in the top 50 safest cities in California. Tenants are awarded with washer & dryer hookups and garage parking. Close proximity to the 10 Fwy, Calimesa Elementary, and Green Valley High School. The Avenue H Apartments are located at the major cross streets of Avenue H and Third Street. This six unit apartment community is composed of all 1 bedroom 1 bath units, each of which are approximately 601 sq. ft.. The tenants are awarded with washer & dryer hookups, A/C, and garage parking. Yucaipa is a well-established community in the Southern San Bernardino County and is well known for one of the lowest crime rates. Yucaipa is considered to be in the top 50 safest cites in California. The owner has invested over $45,000 in capital improvements renovating 5 of the 6 units to include new flooring, paint, screens, water heaters, and A/C units. Each unit is individually metered for electric and gas. The repairs and maintenance of the property and ground have been done as necessary, on time, & without deferring maintenance. The condition of the property offers prospective buyers an asset that will require very minimal maintenance for decades to come.

Price History
9/25/2020 Listed $1,200,000

General Features

Attached Structure Attached
Community Features Hiking, Park
Cooling Wall/Window Unit(s)
Directions 10 Fwy exit Country Line Rd go East, North on 5th st. East on Ave H
Garage Spaces 6.00
Levels One
Listagentaor Inland Valleys
Listing Agent ALBERT LE - BRE#01468313
Listing Agent State License 01468313
MLS Area 269 - Yucaipa/Calimesa
Parking Features Garage
Pool Features None
Price Per Square Foot 332.78
Property Attached Y/N Yes
Sewer Public Sewer
Source System CRMLS
Special Listing Conditions Standard
Total Units 6

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Air Conditioning Y/N Yes
Common Walls 2+ Common Walls
Laundry Features Gas Dryer Hookup, Washer Hookup
Laundry Y/N Yes
Studio Area Unit Type Square Feet
Total Stories 1

Exterior Features

Building Area Total 3606.00
Lot Features 6-10 Units/Acre
Lot Size Acres 0.4545
Lot Size Area 19800.0000
Lot Size Source Assessor
Lot Size Square Feet 19800.00
Lot Size Units Square Feet
Number of Buildings 2
Number of Separate Electric Meters 6
Number of Separate Gas Meters 6
Number of Separate Water Meters 1
Parking Y/N Yes
Total Parking 6.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92399

Price
AVG $680K
$1.2M
Visits
AVG 49
26
Year Built
AVG 1954
1954
Walkscore
AVG 40
31
Data Provided by Walkscore ® not using MLS data

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