7211 Joshua Lane Yucca Valley CA 92284 | 18333552PS

There are multiple listings for this address:
7211 Joshua Lane
Yucca Valley, CA, 92284
$840,000
Beds
Baths
0 SqFt
0 Acres
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!

Property Details

Price:
$840,000
MLS #:
18333552PS
Status:
Active
Address:
7211 Joshua Lane
Type:
Commercial
City:
Yucca Valley
Listed Date:
Apr 16, 2018
State:
CA
ZIP:
92284
Year Built:
1975
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Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…

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7211 Joshua Lane
Yucca Valley, CA
7211 Joshua Lane
Yucca Valley, CA, 92284
$779,800
Beds
Baths
0 SqFt
0 Acres
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!

Property Details

Price:
$779,800
MLS #:
JT22076008
Status:
Active Under Contract
Address:
7211 Joshua Lane
Type:
Commercial
City:
Yucca Valley
Listed Date:
Apr 14, 2022
State:
CA
ZIP:
92284
Year Built:
1975
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Full-time Real Estate Broker, sold 1100+ Properties in SLO and SBC County. 38 years of local real estate knowledge and experience. I understand each sale is about you and your goals. I know as we get older, we don’t have time to make up for any mistakes especially when it comes to one the most significant investments. I care about my clients and work very hard to share my knowledge and protect you along the way. I place the appropriate verbiage in the listing and listing agreement depending …

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Schools

Interior

Heating
Forced Air, Natural Gas

Exterior

Stories Total
1

Financial

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Community

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