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12320 Kiowa Road

Apple Valley, CA 92308
  • $650,000
  • STATUS: Active Under Contract
  • ON SITE: 25 Days
  • ID#: RS24027387
Under Contract
UPDATED: 56 min ago
$650,000
  • 0
    BEDS
  • 0.42
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1988
County:

School Ratings & Info

Listing Agent(s): Ricky Sood of SoodReal Estate Services, Inc. (562-404-4860)


Description

POSITIVE CASH FLOWING PROPERTY. This property is a must see. It is situated in a well defined community. The property has two separate buildings, 1 building consisting of 2 units, which has 2 Bedrooms and 1 Bath with an attached car garage. The second building, has 1 unit with 2 Bedrooms and 1 Bath with a attached car garage. There is the potential of adding a second unit on the building that only has 1 unit on it. Each unit is leased, with a potential to increase rent upon lease renewal. 2 of the tenants have resided here for several years. THIS PROPERTY WILL NOT LAST!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-03-04T18:32:51.543. 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 deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
www.kevinhillre.com/homes/147370931
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12320 Kiowa Road Apple Valley, CA 92308

  • Price: $650,000
  • Status: Active Under Contract
  • On Site: 25 Days
  • Updated: 56 min ago
  • ID#: RS24027387
0
Beds
0
Baths
0
½ Baths
0.42
Acres
1988
Built
Neighborhood:
APPV - Apple Valley
County:
San Bernardino
Area:
APPV - Apple Valley
Property Description
POSITIVE CASH FLOWING PROPERTY. This property is a must see. It is situated in a well defined community. The property has two separate buildings, 1 building consisting of 2 units, which has 2 Bedrooms and 1 Bath with an attached car garage. The second building, has 1 unit with 2 Bedrooms and 1 Bath with a attached car garage. There is the potential of adding a second unit on the building that only has 1 unit on it. Each unit is leased, with a potential to increase rent upon lease renewal. 2 of the tenants have resided here for several years. THIS PROPERTY WILL NOT LAST!
Exterior Features

Entry Level 1 Entry Location 1 Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 3 Parking Total 3 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Common Interest None Community Features MountainousStreet LightsSidewalks Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 0 Gross Scheduled Income 56400 Insurance Expense 1100 Land Lease YN No Laundry Features In Garage Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to Existing LoanConventionalFHAFannie Mae Net Operating Income 42775 New Construction YN No New Taxes Expense 6875 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Operating Expense 13625 Property Sub Type Triplex Rent Control YN No Senior Community YN No Sewer Septic Type Unknown Special Listing Conditions Standard Tenant Pays Cable TVElectricityGasInsurance Trash Expense 1500 Water Sewer Expense 2400 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-03-04T18:32:51.543. 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 deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
 
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Berkshire Hathaway HomeServices California Properties
25909 Pala Dr, Suite 100
Mission Viejo CA, 92691
Listing Agent(s): Ricky Sood of SoodReal Estate Services, Inc. (562-404-4860)