See all 56 photos
56 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Mike Jones
Whole Life Property Management San Diego
mikejonessandiegorealtor@gmail.com +1(480) 326-9233$4,700,000
Est. payment /mo
3 Beds
0.91 Acres Lot
UPDATED:
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
Direction Merge onto I-10 E, Take exit 87 for County Line Rd, Turn left onto W County Line Rd, At the traffic circle, take the 3rd exit on
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Restrictions Other/Remarks
Tax ID 0319233580000
Read Less Info
Listed by Eric Chen CB RICHARD ELLIS
Get More Information
