7467 Bannock Trail, Yucca Valley, CA 92284
7467 Bannock Trail, Yucca Valley, CA 92284
7467 Bannock Trail, Yucca Valley, CA 92284
6
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$1,110,000
Est. payment /mo
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8 Beds
4 Baths
0.44 Acres Lot
Active

7467 Bannock Trail Yucca Valley, CA 92284

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Jesse Ibanez

Jesse Ibanez

+1(858) 337-2796

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID IV26210446

Bedrooms 8

Lot Size 0.436 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

Turn-key, 100% occupied 6-unit investment property on scenic Bannock Trail in Yucca Valley. Built in 1986, this premium asset is free from pre-1978 lead or asbestos liabilities. The property features a uniform mix of all 2-bedroom, 1-bathroom units, each equipped with an attached 1-car garage and updated garage doors. Major property upgrades are already complete, including brand-new roofs on all three buildings with contractor warranties. Four of the six units feature updated rooftop swamp coolers installed within the last three years. The property is fully connected to the city municipal sewer system, completely eliminating the old septic system. Inside, 100% of the units have been completely rehabbed with modern flooring and fresh paint. A newly installed, secure, locked commercial mailbox system provides tenants with modern convenience and peace of minda highly coveted and rare amenity for apartment assets in the local Yucca Valley market. Operationally, the asset is professionally broker-managed using clean, CAR-compliant leasing forms and requires mandatory tenant renters insurance. All utilitiesincluding water, gas, and electricityare individually metered and paid by the tenants, keeping annual owner expenses exceptionally lean at $33,244. The scheduled gross monthly rent roll increases to $8,550 on November 26, 2026, bringing the actual Gross Scheduled Income (GSI) to $102,600, with a Net Operating Income (NOI) of $64,226, an entry cap rate of 5.79%, and a 10.82 GRM. There is also tremendous pro forma upside to reach a $120,000 GSI based on target market rents of $1,

Location

State CA

County San Bernardino

Zoning Assessor

Direction From CA-62, head north onto Bannock Trail. To respect the privacy and comfort of the long-term residents, please limit viewings

Interior

Cooling Swamp Cooler(s)

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 0586293140000

Acceptable Financing Cash

Listing Terms Cash

MLS Router / San Diego MLS
Listed by HENRY CHUANG, DRE#01838832 HENRY CHUANG, BROKER 

NEARBY SCHOOL & BUSINESS

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Jesse Ibanez

Jesse Ibanez

Agent License ID: 01405643

+1(858) 337-2796

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7467 Bannock Trail

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