$1,050,000
12250 Bryant Street Yucaipa, CA 92399
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$1,050,000
Est. payment /mo
2 BD
2 BA
9,375 Sqft Lot
Active
12250 Bryant Street Yucaipa, CA 92399
UPDATED:
11/14/2024 03:33 PM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SW24174550
Bedrooms 2
HOA Y/N No
Lot Size 9,375 Sqft
Property Description
This is a nice 4Plex in the beautiful area of Yucaipa. Yucaipa is known as one of the nicest areas of the Inland Empire with low crime and a high pride of ownership. These units consist of four 2 bedrooms, 2 baths, and each unit has it's own 1 car garage. Each unit is separately metered with gas & electric, and tenants sign up for and pay for their own gas & electric bill. Landlord pays water and trash. This complex really performs. At market rents, we're putting out $114,240 annual gross income, a 9.19 Gross Rent Multiplier, a 9.29% Cap Rate, and a robust double digit 19.20% Cash on Cash!! For all income, expense, and return information, please see Marketing Package attached in Supplements. ACTUAL RENTS ARE LOW BUT THEY ARE MONTH TO MONTH. TENANT'S CAN CONSENT TO PAYING MARKET RENTS.
This is a nice 4Plex in the beautiful area of Yucaipa. Yucaipa is known as one of the nicest areas of the Inland Empire with low crime and a high pride of ownership. These units consist of four 2 bedrooms, 2 baths, and each unit has it's own 1 car garage. Each unit is separately metered with gas & electric, and tenants sign up for and pay for their own gas & electric bill. Landlord pays water and trash. This complex really performs. At market rents, we're putting out $114,240 annual gross income, a 9.19 Gross Rent Multiplier, a 9.29% Cap Rate, and a robust double digit 19.20% Cash on Cash!! For all income, expense, and return information, please see Marketing Package attached in Supplements. ACTUAL RENTS ARE LOW BUT THEY ARE MONTH TO MONTH. TENANT'S CAN CONSENT TO PAYING MARKET RENTS.
This is a nice 4Plex in the beautiful area of Yucaipa. Yucaipa is known as one of the nicest areas of the Inland Empire with low crime and a high pride of ownership. These units consist of four 2 bedrooms, 2 baths, and each unit has it's own 1 car garage. Each unit is separately metered with gas & electric, and tenants sign up for and pay for their own gas & electric bill. Landlord pays water and trash. This complex really performs. At market rents, we're putting out $114,240 annual gross income, a 9.19 Gross Rent Multiplier, a 9.29% Cap Rate, and a robust double digit 19.20% Cash on Cash!! For all income, expense, and return information, please see Marketing Package attached in Supplements. ACTUAL RENTS ARE LOW BUT THEY ARE MONTH TO MONTH. TENANT'S CAN CONSENT TO PAYING MARKET RENTS.
Location
State CA
County San Bernardino
Area Riv Cty-Yucaipa (92399)
Zoning Assessor
Building
Story 2
Lot Size Range 7500-10889 SF
Others
Monthly Total Fees $56
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Listed by Tony Burton • Burton Commercial, Inc.
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