Property Details

12626 6th St
Yucaipa, CA 92399

Price
$1,300,000
GRM
 
GSI
$477,600  
NOI
$310  
CAP Rate
 
Units
32  
Price/unit
$40,625  
Square Footage
25,000  
Price/sqft
$52  
Lot Size (sqft)
84,420  
Year Built
1969  

Property Description

Generational opportunity to acquire a unique property, with value add potential in a historically high demand rental market. Project consists of 4 existing units (100% Occ.) on 1.938 acres with an approved CUP (55+) to build another 28 units. Full value upon completion is between $5.5M - $6M depending upon rental market at time of completion.

Permits, soils test, and grading plans are already paid for. Great 1031 exchange project to carry out through completion. Inquire for marketing package and plans or by completing the form on this page or calling direct at 909-709-3781.


Unit Composition

QtyBedroomsBathrooms
102 Bedroom1.5 Bath
221 Bedroom1.5 Bath

Contact Regioncy