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Listed by HENRY CHUANG, DRE #01838832 • HENRY CHUANG, BROKER
$ 1,110,000
Est. payment /mo
New
7467 Bannock TRL Yucca Valley, CA 92284
0.44 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRIV26210446
Year Built 1986
Lot Size 0.436 Acres
Source California Regional MLS
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 verifi
Location
State CA
County San Bernardino
Area Dc571 - Yucca Mesa
Rooms
Kitchen Dishwasher, Oven Range - Gas
Interior
Heating Wall Furnace
Cooling Evaporative Cooler
Flooring Laminate
Laundry 30
Exterior
Garage Spaces 6.0
Pool 31, None
View Other
Roof Type Shingle
Building
Story One Story
Water District - Public
Others
Tax ID 0586293140000
Special Listing Condition Not Applicable
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