16970 B Street

    Victorville, CA 92395
    • $640,000
    • STATUS: Closed
    • ON SITE: 130 days
    • ID#: MB18033933
    Sold - 05/04/2018
    $640,000
    SOLD - 05/04/2018
    • 0
      BEDS
    • 0.49
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,130
      SQFT
    • $125
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1952
    County:

    School Ratings & Info

    Description

    9 separate Houses with each its own yard. 1 four bdrm house with a private good size lot and a 2 car garage. The rest are 8 one bdrm houses. Spacious cemented driveways going into the property. Lots of potential for more income. A " CASH COW " Zoned Commercial for future Victorville development; Corner Lot. DRIVE BY ONLY, OFFER SUBJECT TO INSPECTION,,,,,,,,,,,,,, CAP RATE 9.93

    Sold by Garvy Hou of Re/Max Connect.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-24T15:27:49.687. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.themarellygroup.com/homes/80721072

    16970 B Street Victorville, CA 92395

    • Price: $615,000
    • Status: Closed
    • Updated: 33 min ago
    • ID#: MB18033933
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.49
    Acres
    5,130
    SQFT
    $125
    $/SQFT
    1952
    Built
    Neighborhood:
    VIC - Victorville
    County:
    San Bernardino
    Area:
    VIC - Victorville
    Property Description
    9 separate Houses with each its own yard. 1 four bdrm house with a private good size lot and a 2 car garage. The rest are 8 one bdrm houses. Spacious cemented driveways going into the property. Lots of potential for more income. A " CASH COW " Zoned Commercial for future Victorville development; Corner Lot. DRIVE BY ONLY, OFFER SUBJECT TO INSPECTION,,,,,,,,,,,,,, CAP RATE 9.93
    Exterior Features

    Garage Spaces 1.00 Lot Features Lot 20000-39999 SqftLot-Level/Flat Lot Size Source Assessor Lot Size Units Square Feet Parking Total 1.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features Gas Dryer Hookup Levels One

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 9.93 Community Features SidewalksStorm DrainsStreet Lighting Country Us Elevation Units Feet Gross Income 80220.00 Gross Multiplier 7.60 Gross Scheduled Income 80220.00 Insurance Expense 1600.00 Land Lease YN No Laundry YN Yes Maintenance Expense 3000.00 Net Operating Income 61932.00 New Taxes Expense 7687.00 Number Of Separate Electric Meters 9 Number Of Separate Gas Meters 9 Number Of Separate Water Meters 2 Number Of Units Leased 9 Number Wall AC 9 Operating Expense 18287.00 Professional Management Expense 0.00 Rent Control YN No Senior Community YN No Special Listing Conditions Standard Total Actual Rent 6685.00 Total Expenses 18287.00 Trash Expense 3000.00 Water Sewer Expense 3000.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Jacob Mojarro of Jacob Isaac Mojarro, Broker.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-24T15:27:49.687. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003