17592 Lemon Street

    Hesperia, CA 92345
    • $1,195,000
    • STATUS: Active Under Contract
    • ON SITE: 65 days
    • ID#: 18395676
    Under Contract
    UPDATED: 14 min ago
    $1,195,000
    • 0
      BEDS
    • 1.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,400
      SQFT
    • $115
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1979
    County:

    School Ratings & Info

    Description

    Fantastic opportunity to purchase a turnkey 12-unit investment property! 12 Single-Story 2 Bed / 1 Bath Units, fully occupied & stabilized on a huge 1.28 acre lot. Approximately $9125 in monthly gross income! Units have been updated. Income-producing laundry room on site. Abundant carport parking for all tenants. Brand new $72,000 Sewer system installed in 2017, connected to city. Each unit separately metered for gas. No rent control & upside opportunity in rents.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-15T16:29:21.893. 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. Licensed in the State of California, USA.
    www.teamforss.com/homes/88385878

    17592 Lemon Street Hesperia, CA 92345

    • Price: $1,195,000
    • Status: Active Under Contract
    • Updated: 14 min ago
    • ID#: 18395676
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.28
    Acres
    10,400
    SQFT
    $115
    $/SQFT
    1979
    Built
    Neighborhood:
    HSP - Hesperia
    County:
    San Bernardino
    Area:
    HSP - Hesperia
    Property Description
    Fantastic opportunity to purchase a turnkey 12-unit investment property! 12 Single-Story 2 Bed / 1 Bath Units, fully occupied & stabilized on a huge 1.28 acre lot. Approximately $9125 in monthly gross income! Units have been updated. Income-producing laundry room on site. Abundant carport parking for all tenants. Brand new $72,000 Sewer system installed in 2017, connected to city. Each unit separately metered for gas. No rent control & upside opportunity in rents.
    Exterior Features

    Lot Size Units Square Feet Parking Features Carport Parking YN Yes

    Interior Features

    Cooling See Remarks Cooling YN Yes Laundry Features See Remarks

    Property Features

    Gross Multiplier 10.91 Gross Operating Income 9125.00 Improvements Amount 660000 Land Value 90000 Laundry YN Yes Net Operating Income 7077.00 Special Listing Conditions Standard Total Expenses 2048.00 Zoning R

    Listing provided courtesy of Oliver Moussazadeh of Revilo Realty, Inc..


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-15T16:29:21.893. 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. Licensed in the State of California, USA.
     
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