Property Details
About this Property
This is a nice 4Plex in the beautiful area of Yucaipa. Yucaipa is known as one of the nicest areas of the Inland Empire with low crime and a high pride of ownership. WE WENT INTO ESCROW FOR 60 DAYS ON FIRST DAY OF MARKETING BUT BUYER COULDN'T PERFORM!! OWNER WILL CARRY WITH 35%-40% DOWN! CALL FOR DETAILS! These units consist of four 2 bedrooms, 2 baths, and each unit has it's own 1 car garage. Each unit is separately metered with gas & electric, and tenants sign up for and pay for their own gas & electric bill. Landlord pays water and trash. This complex really performs. At market rents, we're putting out $114,240 annual gross income, a 9.05 Gross Rent Multiplier, a 9.05% Cap Rate, and a robust double digit 19.20% Cash on Cash!! For all income, expense, and return information, please see Marketing Package attached. ACTUAL RENTS ARE LOW BUT THEY ARE MONTH TO MONTH. TENANT'S CAN CONSENT TO PAYING MARKET RENTS. RECENT YUCAIPA 4PLEX SALE COMP!! A 4Plex, a few blocks away at 35162 Avenue E, SOLD FOR $1,150,000!!! It consisted of: Two 1 beds, 1 baths, Two 3 beds, 2 baths, We are a superior bed/bath mix of four 2 beds 2 baths, AND WE ARE ASKING $75,000 LESS!!! SEE THIS SALE COMP & ALL FINANCIALS IN SUPPLEMENTS ATTACHED !!!
MLS Listing Information
MLS #
CRSW24174550
MLS Source
California Regional MLS
Days on Site
122
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 4 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | 4 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
12250 Bryant St is a Residential Income in Yucaipa, CA 92399. This – square foot property sits on a 9,375 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,075,000 and was built in 1973. This address can also be written as 12250 Bryant St, Yucaipa, CA 92399.
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This listing information is up-to-date as of December 09, 2024. For the most current information, please contact Tony Burton
