Help

7595 Kickapoo
Yucca Valley, CA 92284

$1,595,000 
  • -- Beds
  • -- Baths
  • 15,584 sqft
  • Residential Income
  • Active
7595 Kickapoo, Yucca Valley - 566420365
7595 Kickapoo, Yucca Valley - 566420366
7595 Kickapoo, Yucca Valley - 566420367
7595 Kickapoo, Yucca Valley - 566420368
7595 Kickapoo, Yucca Valley - 566420369
7595 Kickapoo, Yucca Valley - 566420370
7595 Kickapoo, Yucca Valley - 566420371
7595 Kickapoo, Yucca Valley - 566420372
7595 Kickapoo, Yucca Valley - 566420373

Property Description for 7595 Kickapoo, Yucca Valley CA 92284

Property Highlights; 6 Units Completely Renovated.• The Improvements Include: New Appliances, Paint, Flooring, Fixtures, and A/C units. Offering Actual CAP Rate of 6.30 %, ProForma CAP Rate of 7.80 % •ProForma CAP Rate Based on Increasing Rents to Current Market Rental Rates., Offering Actual GRM of 10.34, With a ProForma GRM of 8.72, $200,000+ in Capital Improvements Completed Between 2017-2018. •The Improvements Include: New Roofing, HVAC Systems, Garage Door Replacements, Septic Tank, 6 Units Fully Rehabilitated, New Plumbing & Electrical Fixtures as Necessary. Occupied With Long Term Tenants, Conservative 7% -10% Upside in Potential Rental Income. Rental Comparables Illustrate a 98 % Occupancy Area. •Rental Survey Completed 07/03/2018, Pride Of Ownership, Absolute Turn Key, Financeable Asset. The Chelsey Court Apartment community is a true pride of ownership property, owned and operated by the same owner. Located on a large 1.25 acre lot. The property is composed of twelve 3-bedroom 2-bathroom units (1,240 sq. ft.) and one 1-bedroom 1-bathroom (700 sq. ft.). All units include: central air and heating, washer and dryer hook-ups, walk-in closets, and 1-2 car garages. The owner has invested over $200k in capital expenditures that include: a new roof, garage doors, septic tank, plumbing, new fixtures, A/C units, toilets, new appliances, and 5 completely renovated units. This asset is situated near Joshua Tree National park.

  • Property Class: Residential Income
  • Listing Status: Active
  • City: Yucca Valley
  • State: CA
  • Zip: 92284
  • Area: DC521 - Central West
  • County: San Bernardino
  • Class: Residential Income
  • Approx Lot Size: 1.250
  • Stories: 2
  • Baths (F/H): -- / --
  • Baths Partial: 0
  • Living Area (SqFt): 15,584 sqft
  • Lot Sq Ft Apx: 54450.00
  • Garage: 26.00
  • Year Built: 1988
  • Listing#: IV18197971
  • Parcel Number: 0586171190000
  • List Date: 8/15/2018
  • Last updated on: 6/24/2019

Property Features for 7595 Kickapoo, Yucca Valley CA 92284

  • Parking Features: Assigned, Garage - Two Door
  • Year Built: 1988
  • Community Features: Sidewalks
  • Zoning: 92/6
  • Lot Desc: 11-15 Units/Acre, Sprinkler System
  • Pool: None

Additional Information for 7595 Kickapoo, Yucca Valley CA 92284

  • Bedroom 3 Area: 1240
  • Expenses: 47598.00
  • Garage Style: Assigned, Garage - Two Door
  • Gross Building Area: 15584.00
  • Gross Income: 183000.00
  • Net Income: 124422.00
Courtesy of Albert Le, Le Investment Group
Copyright 2019, California Regional Multiple Listing Service, Inc.. All Rights Reserved.
Based on information from California Regional Multiple Listing Service, Inc. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.