11780 Adams Street,  Yucaipa CA, 92399 (Residential Income)

14,040 sqft
Status: Sold
MLS#: CV16161988
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Last Updated: 12/8/2016 9:47 AM
Description for 11780 Adams Street Yucaipa, CA 92399
The Northview Terrace Apartments located in the city of Yucaipa. The Northview Terrace Apartments is located at a cul-de-sac of Adams Street. The property is conveniently located north of the 10 Freeway and about a mile and a half away from Yucaipa Regional Park and minutes away from Yucaipa Valley Golf Club and Calimesa Country Club. Surrounded by educational and medical institutes such as Loma Linda University and Medical Centers and University of Redlands, the large employee base holds high rental demands in Yucaipa. Investors have the rare opportunity to own a consistent income producing property in a prime location. Built in 1965, the Northview Terrace Apartments contains 18 units on a 43,560 square foot lot. There are 18 carport parking spaces available and the building features a pitched composition roof. The Northview Terrace Apartments has a unit mix of 17 two-bedroom/one-bathroom units and 1 one-bedroom/one-bathroom unit. The building size for this property totals 14,040 square feet with an average unit size of 780 square feet. The building features individual electric and gas meters with individual hot water heater.
Price
Sold Price:
$2,200,000
Sold Date:11/03/2016
San Bernardino
14,040 (approx)
CV16161988
Closed
Description
The Northview Terrace Apartments located in the city of Yucaipa. The Northview Terrace Apartments is located at a cul-de-sac of Adams Street. The property is conveniently located north of the 10 Freeway and about a mile and a half away from Yucaipa Regional Park and minutes away from Yucaipa Valley Golf Club and Calimesa Country Club. Surrounded by educational and medical institutes such as Loma Linda University and Medical Centers and University of Redlands, the large employee base holds high rental demands in Yucaipa. Investors have the rare opportunity to own a consistent income producing property in a prime location. Built in 1965, the Northview Terrace Apartments contains 18 units on a 43,560 square foot lot. There are 18 carport parking spaces available and the building features a pitched composition roof. The Northview Terrace Apartments has a unit mix of 17 two-bedroom/one-bathroom units and 1 one-bedroom/one-bathroom unit. The building size for this property totals 14,040 square feet with an average unit size of 780 square feet. The building features individual electric and gas meters with individual hot water heater.
Listing Information
Property Type: Cluster, Other
1 Acres 4,356,000 sq.ft. 14,040 (approx)
$156.7 1965
Yes- 7 spaces
18 Total
Neighborhood
Room Information
Exterior / Lot Features
7 Garage Spaces, 7 Parking Spaces
None
No Pool
Sidewalks
Driving Directions
Cross Streets: N Adams St and W Comberton St
Financial Considerations
0303221720000
$217,740 Income ,$84,298Expense
Listing Price History

Yucaipa Real Estate

Yucaipa is located in California. Yucaipa, California 92399 has a population of 51,319.

The median household income in Yucaipa, California 92399 is $59,428. The median household income for the surrounding county is $54,750 compared to the national median of $53,046. The median age of people living in Yucaipa 92399 is 37.3 years.

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Courtesy: CB RICHARD ELLIS ERIC CHEN
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