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    12626 6th Street

    Yucaipa, CA 92399
    • $1,300,000
    • STATUS: Active
    • ON SITE: 27 days
    • ID#: EV20180601
    UPDATED: 15 min ago
    $1,300,000
    • 0
      BEDS
    • 1.94
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    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. Also listed in residential income, see MLS #EV20180539.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-29T09:28:00.937. 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 Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.

    www.tolivebythesea.com/homes/109583919
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    12626 6th Street Yucaipa, CA 92399

    • Price: $1,300,000
    • Status: Active
    • Updated: 15 min ago
    • ID#: EV20180601
    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. Also listed in residential income, see MLS #EV20180539.
    Exterior Features

    Lot Features 26-30 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet View None View YN No

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Community Features CurbsSidewalks Country Us Current Use Comments Existing 4 Unit Building On Property. Distance To Water Comments 0 Elevation Units Feet Land Lease YN No New Construction YN No Possible Use Comments Approved Cup To Build An Additional 28 Units. Senior Community YN No Special Listing Conditions Standard Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedSewer Connected Water Source Public Zoning Multifamily

    Listing provided courtesy of Nathan Diones of Regioncy Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-29T09:28:00.937. 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 Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.

     
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