20305 Carlisle Road

    Apple Valley, CA 92307
    • $1,099,000
    • STATUS: ACTIVE
    • ON SITE: 195 days
    • ID#: 301758904
    UPDATED: 72 min ago
    $1,099,000
    • 4
      BEDS
    • 0.9
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1959
    County:

    School Ratings & Info

    Description

    Investors Delight. Excellent investment with RARE HIGH CAP RATE of 7.35% and lots of HIGHER POTENTIALS. Long term Tenants. No rent control. Property has fencing on 3 sides.Total 11 Units in 2 Separate Buildings on same Property. Ten (10) 654 sqft 1 Bd/1 Bth units with large kitchen & roomy living room, plus 3 built in furniture: kitchen table, bedroom desk, bedroom extra chest with drawers. All located in a one-story U-shaped bldg with common court yard. One (1) 800 sqft 1Bd/1 Bth independent 11th unit in Investors Delight. Excellent investment with RARE HIGH CAP RATE of 7.35% and lots of HIGHER POTENTIALS. Long term Tenants. No rent control. Property has fencing on 3 sides.Total 11 Units in 2 Separate Buildings on same Property. Ten (10) 654 sqft 1 Bd/1 Bth units with large kitchen & roomy living room, plus 3 built in furniture: kitchen table, bedroom desk, bedroom extra chest with drawers. All located in a one-story U-shaped bldg with common court yard. One (1) 800 sqft 1Bd/1 Bth independent 11th unit in the back with attached one car garage with lots of storage locking cabinets and a work table. Newly remodeled throughout, New floor paint and bath toilet; Unit #11 Built-in furnitures including full size desk, island table and a walk-in closet. Small private cemented patio in the back. All units are currently rented at below market rates. Income can be increased by new owner by raising rents and reconverting current storage room to laundry room. Plenty of parking spaces with 11 assigned spots & an extra 12 spaces. All newer Swamp Coolers in 9 units, 3 of the units have newer Water Heaters. All 11 Water Heaters are under locked enclosures. Newer electric, gas, water pipes are in place. Verizon internet lines in place including Fios ready. Located in a quiet area among Large Brand New Single Homes. Close to major shopping (Walmart & Target), eateries and schools. Easy access to I-15 & 395 Freeways. DISCREET DRIVE BY ONLY. DO NOT DISTURBING TENANTS IS A MUST !

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
    www.triolorealty.com/homes/101096810

    20305 Carlisle Road Apple Valley, CA 92307

    • Price: $1,099,000
    • Status: ACTIVE
    • Updated: 72 min ago
    • ID#: 301758904
    4
    Beds
    0
    Baths
    0
    ½ Baths
    0.9
    Acres
    1959
    Built
    Neighborhood:
    Apple Valley (92307)
    County:
    San Bernardino
    Area:
    Apple Valley (92307)
    Property Description
    Investors Delight. Excellent investment with RARE HIGH CAP RATE of 7.35% and lots of HIGHER POTENTIALS. Long term Tenants. No rent control. Property has fencing on 3 sides.Total 11 Units in 2 Separate Buildings on same Property. Ten (10) 654 sqft 1 Bd/1 Bth units with large kitchen & roomy living room, plus 3 built in furniture: kitchen table, bedroom desk, bedroom extra chest with drawers. All located in a one-story U-shaped bldg with common court yard. One (1) 800 sqft 1Bd/1 Bth independent 11th unit in Investors Delight. Excellent investment with RARE HIGH CAP RATE of 7.35% and lots of HIGHER POTENTIALS. Long term Tenants. No rent control. Property has fencing on 3 sides.Total 11 Units in 2 Separate Buildings on same Property. Ten (10) 654 sqft 1 Bd/1 Bth units with large kitchen & roomy living room, plus 3 built in furniture: kitchen table, bedroom desk, bedroom extra chest with drawers. All located in a one-story U-shaped bldg with common court yard. One (1) 800 sqft 1Bd/1 Bth independent 11th unit in the back with attached one car garage with lots of storage locking cabinets and a work table. Newly remodeled throughout, New floor paint and bath toilet; Unit #11 Built-in furnitures including full size desk, island table and a walk-in closet. Small private cemented patio in the back. All units are currently rented at below market rates. Income can be increased by new owner by raising rents and reconverting current storage room to laundry room. Plenty of parking spaces with 11 assigned spots & an extra 12 spaces. All newer Swamp Coolers in 9 units, 3 of the units have newer Water Heaters. All 11 Water Heaters are under locked enclosures. Newer electric, gas, water pipes are in place. Verizon internet lines in place including Fios ready. Located in a quiet area among Large Brand New Single Homes. Close to major shopping (Walmart & Target), eateries and schools. Easy access to I-15 & 395 Freeways. DISCREET DRIVE BY ONLY. DO NOT DISTURBING TENANTS IS A MUST !
    Exterior Features

    Exterior Stucco Pool N/K Site Sidewalks Spa N/K View N/K

    Interior Features

    Cooling Swamp Cooler(S) Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1

    Property Features

    Actual Cap Rate 7.35 Annual Expense Actual 16441 Buildings 2 Gross Scheduled Income Actual 102348 Home Owners Fees 0.0 Possession Close Of Escrow Tenant Pays ElectricityGas/Propane Terms CashConventional Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 810.0 Unit2 Rent Actual 792.0 Unit3 Rent Actual 750.0 Unit4 Rent Actual 705.0 Water Meter On Property

    Listing provided courtesy of Us Gateway Investment. Listing information © 2020 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
     
    Keller Williams - Triolo Realty Group
    12780 High Bluff Drive, Suite 130
    San Diego CA, 92130