Skip To Content

12626 6th Street

Yucaipa, CA 92399
  • $1,095,000
  • STATUS: Active Under Contract
  • ON SITE: 189 Days
  • ID#: EV21109324
Under Contract
UPDATED: 169 min ago
$1,095,000
  • 0
    BEDS
  • 1.94
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing provided courtesy of 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.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-11-27T00:26:15.763. 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 American Real Estate List & Sell. Licensed in the State of California, USA.
www.americanrealestatehomes.com/homes/117482976
Print Image

12626 6th Street Yucaipa, CA 92399

  • Price: $1,095,000
  • Status: Active Under Contract
  • On Site: 189 Days
  • Updated: 169 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 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 2021-11-27T00:26:15.763. 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 American Real Estate List & Sell. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365495139-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365495139-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365495139-2.jpg
Logo
American Real Estate List & Sell
6391 Magnolia Ave., B20
Riverside CA, 92505
Listing provided courtesy of Nathan Diones of Regioncy Real Estate