13537 5th Street new

Yucaipa,CA 92399

$ 4700000

3 Beds

0 Bath

0 SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV25239661

Bedrooms 3

Lot Size 0.910 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

We are proud to present a rare opportunity to acquire a brand-new, Active Living 62+ Senior Living Apartment Community at 13537 5th St in Yucaipa, CA. This exceptional offering is strategically positioned to capitalize on the thriving Inland Empire market and Yucaipas forward-thinking growth. The property features an ideal and evenly split unit mix, with eight 1-bedroom/1- bathroom units and eight 2-bedroom/2-bathroom units, a desirable combination perfectly suited for the local Active Living 62+ senior rental market. As new construction, the property requires no deferred maintenance or costly capital expenditures for years to come. With installed solar panels, the building is designed for long-term value, providing a sustainable, eco-friendly option that significantly reduces utility costs. This location offers a quiet, balanced lifestyle that is highly sought after by the senior living community, providing proximity to essential services while maintaining a serene environment. This property offers investors immediate returns, with current rents already performing near market rates. While providing stable cash flow from day one, it also presents a clear opportunity for future income growth as the local market continues to strengthen. Whether youre a first-time investor, a seasoned professional looking to expand your portfolio, or considering a 1031 Exchange, this asset offers exceptional stability and enduring value in one of Southern Californias most dynamic markets, tapping into the robust and growing demand for senior housing.

Location

State CA

County San Bernardino

Zoning Assessor

Interior

Cooling Central Forced Air

Exterior

View Y/N No

Building

Story 1

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