Seller Financing
7211 Joshua Lane Yucca Valley, CA
$ 840,000
Property Attributes
  • MLS#18333552PS
  • TypeCommercial
  • CityYucca Valley
  • AreaCentral East
  • Zip92284
  • StyleOwn Your Own
  • Price$ 840,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
DavePaulette Renney with Bennion Deville Homes.
Property Description

PRICE REDUCED! Prime Location! Well maintained and well established 10 unit office space units with courtyard. A total of 5463 Sq'. Total rent is about $60,000 pa. and after direct expenses achieves a net income before taxes of $47,121. The property is well located in town with easy access and parking. Many of the tenants in the building are long term and turnover has been modest. The property has been upgraded in the past 5 years with a new roof, A/C units, parking asphalt and the cash assets include a $18,160 deposit with the Hi Desert Water Assessment for the sewer improvement project (i.e. a future expense that has been paid). Right behind Chase bank off Hwy 62. Great Opportunity! Close to Joshua Tree National Park! Owner May Carry with acceptable offer. Effective sales price is 840,000 - 18,000 (Water Assessment paid)= $ 822,000 which provides a cap rate of 5.7 per seller. GREAT OPPORTUNITY!

Price History
9/19/2019 Listed $895,000
11/29/2019 7% - $840,000

General Features

Business Type Professional/Office
Directions Hwy 62 to Joshua Lane. Property is on the left. Property is right behind Chase Bank. Prime location.
Heating Forced Air, Natural Gas
Listing Agent DavePaulette Renney - BRE#01735253
Listing Agent State License 01735253
MLS Area DC531 - Central East
Property SubType Own Your Own
Property Type Commercial Sale
Special Listing Conditions Standard

Interior Features

Heating Y/N Yes
Total Stories 1


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92284

AVG $980K
AVG 20
Year Built
AVG 1980
AVG 46
Data Provided by Walkscore ® not using MLS data

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