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56089 Twentynine Palms Highway

Yucca Valley, CA 92284
  • $3,390,000
  • STATUS: Active
  • ON SITE: 82 Days
  • ID#: TR22044328
UPDATED: 190 min ago
$3,390,000
  • 0
    BEDS
  • 1.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1966
County:

School Ratings & Info

Listing Agent(s): Eunice Park of Re/Max Universal Realty (909-861-9985)


Description

Rare opportunity... Mixed use 10 commercial retail units and 13 residential units on two parcels, always fully occupied apartment and 100% of retail stores are leased. A value added investment opportunity. APN# 0586314030000 APN# 0586304100000. Two separate two-story buildings: Building 56089 Twentynine Palms Highway includes 5 retail spaces on the first floor and 8 apartment units on the second floor. Building 7301 Apache Trail includes 5 retail spaces on the first floor and 5 apartment units on the second floor. Great exposure with frontage on Twentynine Palms Highway and monument signage. Long term retail tenants, below market rents, ample parking with 70 parking stalls. Apartment units are separately metered for electricity and gas, 2 water meters . Apartment has on-site laundry. Public sewer line connected Jan 2022.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-28T00:32:21.227. 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 Ivan and Maria | Real Estate One. Licensed in the State of California, USA.
www.ivanandmaria.com/homes/126445823
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56089 Twentynine Palms Highway Yucca Valley, CA 92284

  • Price: $3,390,000
  • Status: Active
  • On Site: 82 Days
  • Updated: 190 min ago
  • ID#: TR22044328
0
Beds
0
Baths
0
½ Baths
1.05
Acres
1966
Built
Neighborhood:
DC532 - Business District
County:
San Bernardino
Area:
DC532 - Business District
Property Description
Rare opportunity... Mixed use 10 commercial retail units and 13 residential units on two parcels, always fully occupied apartment and 100% of retail stores are leased. A value added investment opportunity. APN# 0586314030000 APN# 0586304100000. Two separate two-story buildings: Building 56089 Twentynine Palms Highway includes 5 retail spaces on the first floor and 8 apartment units on the second floor. Building 7301 Apache Trail includes 5 retail spaces on the first floor and 5 apartment units on the second floor. Great exposure with frontage on Twentynine Palms Highway and monument signage. Long term retail tenants, below market rents, ample parking with 70 parking stalls. Apartment units are separately metered for electricity and gas, 2 water meters . Apartment has on-site laundry. Public sewer line connected Jan 2022.
Exterior Features

Construction Materials AsphaltConcrete Lot Features 11-15 Units/AcreLot Over 40000 Sqft Sign On Property YN No

Interior Features

Cooling Wall/Window Unit(S) Cooling YN Yes

Property Features

Additional Parcels YN No Business Type Animal GroomingBarber/BeautyFood & BeverageGroceryJewelryMixedMulti-TenantRestaurantRetailVariety Common Interest None Electric Expense 1325.58 Gross Scheduled Income 267818 Insurance Expense 13041 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan1031 Exchange Maintenance Expense 3600 Net Operating Income 195335.14 Operating Expense 73482.46 Property Sub Type Mixed Use Security Features Carbon Monoxide Detector(S)Fire Detection SystemFire Sprinkler SystemSmoke Detector(S) Special Listing Conditions Standard Tax Annual Amount 20307 Tax Year 2021 Trash Expense 4632 Utilities Sewer ConnectedWater Connected Water Sewer Expense 10476.88 Water Source Public Zoning Mixed Use



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-28T00:32:21.227. 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 Ivan and Maria | Real Estate One. Licensed in the State of California, USA.
 
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Ivan and Maria | Real Estate One
3400 Central Ave Suite 325
Riverside CA, 92506
Listing Agent(s): Eunice Park of Re/Max Universal Realty (909-861-9985)