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12626 6th Street

Yucaipa, CA 92399
  • $985,000
  • STATUS: Closed
  • ON SITE: 198 Days
  • ID#: EV21109324
Sold - 12/01/2021
$985,000
SOLD - 12/01/2021
  • 0
    BEDS
  • 1.94
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent: Nathan Diones of Regioncy Real Estate


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.

Sold by Vu Ha of Asiamerica Real Estate Co..

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-06T15:29:26.207. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Elevate Palm Springs. Licensed in the State of California, USA.
www.elevatepalmsprings.net/homes/117482976
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12626 6th Street Yucaipa, CA 92399

  • Price: $1,095,000
  • Status: Closed
  • On Site: 198 Days
  • Updated: 59 min ago
  • ID#: EV21109324
0
Beds
0
Baths
0
½ Baths
1.94
Acres
Neighborhood:
269 - Yucaipa/Calimesa
County:
San Bernardino
Area:
269 - Yucaipa/Calimesa
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.
Exterior Features

Lot Features 16-20 Units/Acre View Valley View YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Buyer Financing Conventional Common Interest None Community Features Suburban Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 ExchangeOwner Will CarryOwner May CarrySubordinateTrade New Construction YN No Senior Community YN Yes Special Listing Conditions Standard Water Source Public Zoning Rs



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-06T15:29:26.207. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Elevate Palm Springs. Licensed in the State of California, USA.
 
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Elevate Palm Springs
668 N Palm Canyon #208
Palm Springs CA, 92240
Listing Agent: Nathan Diones of Regioncy Real Estate