10316 Baker Rd

Lucerne Valley, CA 92356

$425,000
Last Sold Price
9
Beds
5
Baths
3,563 Sq. Ft.
$119 / Sq. Ft.
3,563
Sq. Ft.
$119
per Sq. Ft.
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Sold 7/8/24
Sold 7/8/24
a view of street along with house and trees
a backyard of a house
a view of a house with a yard and sitting area
a view of a house with a yard
a house view with a lake view
a view of a house with a yard

Description

Unbelievable opportunity for astute investor. Seller looking for all cash offers, however they may consider a short term 2nd with a strong buyer. A triplex with 3 homes on one 5 acre lot, priced so that you can live in one for free, while the other 2 homes pays for you! Don't want to live there, no problem, spin off cash instead! Located near the center of town off of Hwy 18. There is over 3,500 Sq Ft in the 3 homes. The main house (unit A) is approx 1,300 sq ft. 3 bedroom + 2 baths, (There is currently...Unbelievable opportunity for astute investor. Seller looking for all cash offers, however they may consider a short term 2nd with a strong buyer. A triplex with 3 homes on one 5 acre lot, priced so that you can live in one for free, while the other 2 homes pays for you! Don't want to live there, no problem, spin off cash instead! Located near the center of town off of Hwy 18. There is over 3,500 Sq Ft in the 3 homes. The main house (unit A) is approx 1,300 sq ft. 3 bedroom + 2 baths, (There is currently a unlawful detainer action filed with unit A. It should bring in an additional $1,800 per month), with the other 2 homes approx 1,152sq ft 3+2 (unit B) and 1,054 sq ft 3+1 (unit C), respectively. There is even an abandoned swimming pool on the property that could probably be salvaged and restored. Properties are in C- condition and needs TLC but where else can you find a deal like this. Buy these 3 houses (called a triplex by the banks) and live in one and rent out the other 2 ! The rent on the 2 houses almost pays for everything so you only pay approx $200 per month. Act fast. Asking $425,000 for all 3 SEPARATE houses. Water well on property, 2 of the homes are hooked up to city gas, third has propane tank. There is a tremendous amount of potential and possibilities here! It's currently generating approx $2,250 per month in RENTAL INCOME, with plenty of upside potential. There are not many multi unit residences around, so take advantage of this once in a lifetime opportunity. Priced well below market, Motivated seller says make me an offer! Do not contact tenants, drive by only!
  1. Listed by Lou Woolf • DRE #00543319 • Brokerage DRE #00858724 • Rodeo Realty

Property Details for 10316 Baker Road

Zoning
LV/RL
Parcel Number
0451121230000
Total Units
3.0
Living Area
3563
Source Living Area
Owner
Area
Lucerne Valley (LUV)
Vacancy Rate
0
Lot Size Area
217800
LISTING CLOSED: 07/08/2024 12:00 AM

Property Details for 10316 Baker Road

StatusSold
MLS #24-346459
Days on Market41
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1948
Lot Size5.00 AC / 217,800 SF
CountySan Bernardino County
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Location

Listing Courtesy of Rodeo Realty, Lou Woolf, DRE #00543319

Sold By 1% LISTING FEE, OSCAR GARCIA, DRE #00972163

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Building Information for 10316 Baker Road

Stories1Residences-Year Built1948Building Size-Lot Size5.00 AC / 217,800 SF

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$2,541 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,118

Property Taxes

$423

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 10316 Baker Road

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 3
  • Type Of Units: Triplex
  • Water: Well
  • Sewer: Cess Pool
Contract Info
Contract Info
  • Financing: Cash To New Loan, Cash
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $27,000
  • Net Operating Income: $.00
  • Gross Income: $27,000
  • Gross Scheduled Income: $27,000
  • Gross Rent Multiplier: $15.74
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Lot Acreage: 5.0
  • Lot Size Square Feet: 217800
Parking Details
Parking Details
  • Parking Garage: Garage, Carport
  • Total Parking: 3
  • Garage Spaces Total: 1
  • Carport Spaces Total: 2
  • Parking Features: Garage, Carport
Interior Features
Interior Features
  • Levels: One
  • Cooling: Other
  • Cooling Type: Other
  • Heating: Other
  • Heating Type: Other
  • Equipment: Other
  • Common Walls: Detached/No Common Walls
Exterior Features
Exterior Features
  • Pool: Yes
  • Pool Description: Other
  • Pool Features: See Remarks
  • Spa: No
  • Spa: None
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 01-11-2024
  • Listing Terms: Cash To New Loan, Cal Vet Loan
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $1,800.00
  • Unit Projected Rent: $.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,250.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,250.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,000.00
  • Unit Actual Rent: $1,100.00
  • Unit Projected Rent: $1,000.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $236,171.00
  • Assessed Improvement Percent: 89.02
  • Assessed Land Value: $29,131.00
  • Assessed Land Percent: 10.98
  • Assessed Total Value: $265,302.00

Property History for 10316 Baker Road

DateEvent & SourcePriceAppreciation
Jul 8, 2024

Sold

CRMLS #24346459

$425,000—
Jul 8, 2024

Sold

SDMLS #24-346459

$425,000—
Jul 8, 2024

Sold

CLAW #24-346459

$425,000—
DateEvent & SourcePrice
07/08/2024

Sold

CRMLS #24346459

$425,000
07/08/2024

Sold

SDMLS #24-346459

$425,000
07/08/2024

Sold

CLAW #24-346459

$425,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 10316 Baker Road

Taxable ValueLand$50,000Additions$375,000Total$425,000
Tax Record2025$5,078 ($423 / month)
Home Facts
Total Finished SqFt1,357 SqFtAbove Grade Finished SqFt1,357 SqFtStories1Lot Size217,800 SqFtStyleTriplexYear Built1948Year Renovated1950CountySAN BERNARDINOAPN0451-121-23-0000Fireplace TypeHas Fireplace

Schools near 10316 Baker Road

This home is within Lucerne Valley Unified School District.
Rating
School
Type
Grades
Distance
Lucerne Valley Elementary School
Public - K to 6
Lucerne Valley Middle School
Public - 7 to 8
Lucerne Valley High School
Public - 9 to 12
Southern California Flex Academy
Charter - K to 12
Rating
School
Distance
Lucerne Valley Elementary School
PublicK to 6

Lucerne Valley Middle School
Public7 to 8

Lucerne Valley High School
Public9 to 12

Southern California Flex Academy
CharterK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Rodeo Realty, Lou Woolf, DRE #00543319

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.