12626 6th Street, Yucaipa, CA 92399

About this property

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.

Listing description from the December 2021 sale, as reported to CRMLS.

Sale history

$985,000

Sold December 2021 · listed $1,095,000, orig. $1,225,000, on market May 2021 · MLS #EV21109324 · Source: CRMLS

Listing Agent: NATHAN DIONES · Listing Office: REGIONCY REAL ESTATE · Contact: 800-793-4249 · Bought with: VU HA · ASIAMERICA REAL ESTATE CO.

$985,000

Sold December 2021 · listed $1,095,000, orig. $1,225,000, on market May 2021 · MLS #EV21109292 · Source: CRMLS

Listing Agent: NATHAN DIONES · Listing Office: REGIONCY REAL ESTATE · Contact: 800-793-4249 · Bought with: VU HA · ASIAMERICA REAL ESTATE CO.

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