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Dusty Mulhearn

dusty@propertycousins.com +1(949) 500-6274

$ 1,110,000

Est. payment | -/mo

0.44 Acres Lot

Save

$ 1,110,000

Est. payment | -/mo

Save

0.44 Acres Lot

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID IV26210446

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1986

Lot Size 0.436 Acres

Property Sub-Type Apartment

Property Description

TURN-KEY, 100% OCCUPIED 6-UNIT INVESTMENT PROPERTY ON SCENIC BANNOCK TRAIL IN YUCCA VALLEY! Built in 1986 (no pre-1978 lead/asbestos liability), this premium asset features a uniform mix of ALL 2-Bed/1-Bath units with attached 1-car garages and updated garage doors. *** MAJOR UPGRADES COMPLETED: (1) NEW ROOFS: all 3 buildings with contractor warranties. (2) HVAC: 4 of 6 units feature updated rooftop swamp coolers (installed within 3 years). (3) SEWER: Fully connected to city municipal sewer; old septic system eliminated. (4) INTERIORS: 100% rehabbed with new modern flooring and fresh paint. *** OPERATIONAL & FINANCIAL HIGHLIGHTS: Asset is professionally broker-managed with clean CAR-compliant leasing forms and mandatory tenant renters insurance. All utilities—including water, gas, and electricity—are individually metered to tenants, keeping annual owner expenses lean at $33,244. Scheduled gross monthly rent roll increases to $8,550 on Nov 26, 2026 ($102,600 Actual GSI / $64,226 NOI / 5.79% Entry Cap Rate / 10.82 GRM). Tremendous Pro Forma upside of $120,000 GSI based on target market rents ($1,666/unit) yielding a future 7.28% Cap Rate. *** SHOWING INSTRUCTIONS: STRICTLY DRIVE-BY ONLY. Do not disturb tenants. Showings are strictly contingent upon an accepted offer and verified Earnest Money Deposit (EMD). *** LEGAL DISCLAIMERS: Property is sold strictly AS-IS regarding roofs, sewer, cooling, and flooring; no price-chipping or credits will be entertained during due diligence. Buyer and Buyer's Agent to verify all info, including square footage, utility metering, permits, sewer connections, and financial projections. Info deemed reliable but not guaranteed.

Location

State CA

County San Bernardino

Area Dc571 - Yucca Mesa

Interior

Interior Features Balcony, All Bedrooms Down

Heating Wall Furnace

Cooling Evaporative Cooling

Flooring Carpet, Laminate, Tile

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Gas Range

Laundry Washer Hookup

Exterior

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Valley

View Y/N Yes

View Desert

Roof Type Shingle

Total Parking Spaces 6

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 0586293140000

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by HENRY CHUANG HENRY CHUANG, BROKER 714-686-9297, DRE #01838832

NEARBY SCHOOLS & PROPERTIES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 500-6274

dusty@propertycousins.com

United States

7467 Bannock TRL Yucca Valley, CA 92284

Dusty Mulhearn

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

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7467 Bannock TRL