12836 3rd Street

12836 3rd Street

Yucaipa, CA 92399

$6,000,000
Price
—
Beds
110,000 Sq. Ft.
$55 / Sq. Ft.
110,000
Sq. Ft.
$55
per Sq. Ft.
an aerial view of multiple house
an aerial view of residential house with outdoor space and swimming pool
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a picture of a room with lots of white walls
a black and white photo of a room
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Description

This is a rare opportunity to acquire 5 Acres that is a FULLY ENTITLED & Approved 150 unit SENIOR APARTMENT COMPLEX for Active Seniors. This project will be the only Senior Apartment Facility in the city of Yucaipa, CA in its class that will offer Senior Citizens a health-conscious life style with Amenities that include: Pool, Spa, Recreational Area, Firepit, BBQ & Picnic Area, Community Garden, Scenic Walking Trail, & Dog Park. All Improvement Plans are complete and SHOVEL READY. Only remaining...This is a rare opportunity to acquire 5 Acres that is a FULLY ENTITLED & Approved 150 unit SENIOR APARTMENT COMPLEX for Active Seniors. This project will be the only Senior Apartment Facility in the city of Yucaipa, CA in its class that will offer Senior Citizens a health-conscious life style with Amenities that include: Pool, Spa, Recreational Area, Firepit, BBQ & Picnic Area, Community Garden, Scenic Walking Trail, & Dog Park. All Improvement Plans are complete and SHOVEL READY. Only remaining plans that must be submitted prior to pulling a Building Permit are Structural Calculations, Landscape Construction Drawings, and the Dry Utility Plan which have been purposefully reserved for the Developer's preference. This property is also located in an OPPORTUNITY ZONE which allows major Tax Benefits to a long term Investor to save big on any future capital gains taxes. The property has an existing home and 2 accessory structures that will be removed prior to construction. Topographically, the property slopes gradually from NE to SW toward the existing creek along its southern boundary. This project (#21-045) was granted the density bonus for 30 units/per acre to help serve the need for many retirees in the near future. According to the U. S. Census Bureau, By 2030, All Baby Boomers Will Be Age 65 or Older in the U. S. The number of Americans ages 65 and older is projected to nearly double from 52 million in 2018 to 95 million by 2060. In 2022, the senior population in Yucaipa accounts for 30.9% of the entire population, which should increase to 31.4% by 2027. In 2022, households with a householder aged 55+ had an average household income of $93,581 and is expected to increase to $111,520 by 2027, which will support market rents for Senior living. In addition to longer life spans, the stats around an aging populous reveal that the Demand for Resort-Style 55+ Communities is not a short term need, but a future need for the upcoming generations. Yucaipa, CA is also currently pending an AVA "Yucaipa Valley" Approval for designated WINE COUNTRY which will reserve 36,467 acres for 23 vineyards and 2 wineries - which will only further attract more residents to an already vastly-growing city. With an aging population and a SFR-heavy housing stock, the Riverwalk Senior Living Apartments will fill a need within the community for active seniors who no longer wants the upkeep of a single-family home, but still wants a high quality place to live. Brochure is in Supplements.
  1. Listed by Robert Mendez • DRE #01971883 • Brokerage DRE #01927637 • Realty Masters & Associates • 951-283-5015

Property Details for 12836 3rd Street

Total Units
150.0
Lot Size Source
Assessor
Building Area Total
110000
Building Area Units
Square Feet
Stories Total
3
Parcel Number
0319112030000
Area
Yucaipa/Calimesa/Oak Glen (269)
Directions
From Yucaipa Bl, turn south on 3rd St, and the property will be on your right hand side

Location

Listing Courtesy of Realty Masters & Associates, Robert Mendez, DRE #01971883
Add your commute
LISTING UPDATED: 04/19/2024 03:12 AM

Property Details for 12836 3rd Street

StatusActive
MLS #IG22243124
Days on Market535
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi Family
Year Built-
Lot Size5.00 AC / 217,800 SF
CountySan Bernardino County

Location

Listing Courtesy of Realty Masters & Associates, Robert Mendez, DRE #01971883
Add your commute

Building Information for 12836 3rd Street

Stories3Residences-Year Built-Building Size-Lot Size5.00 AC / 217,800 SF

Payment Calculator

$34,905 per month

30 year fixed, 7.25% Interest

Principal and Interest

$32,744

Property Taxes

$2,161

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 12836 3rd Street

Community / Development
Community / Development
  • Investment Property: Yes
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
Exterior Features
  • Waterfront Features: Creek
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: 26-30 Units/Acre, Gentle Sloping, Rectangular Lot
  • Current Use Comments: House and shed will be scraped at the start of ...
  • Land Lease: No
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Electric: Standard
  • Water Source: Public
Property / Structure Info
  • Building Status: Proposed
  • Asset Class: Multi-Family
Unit Information
Unit 1
  • Unit Type Units Total: 120
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $2,100
  • Unit Type Area: 650
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 30
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Actual Rent: $3,000
  • Unit Type Area: 980
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 2

Property History for 12836 3rd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 12836 3rd Street

Taxable ValueLand$2,091,000Additions$5,100Total$2,096,100
Tax Record2023$25,928 ($2,161 / month)
Home Facts
Beds1Total Finished SqFt768 SqFtAbove Grade Finished SqFt768 SqFtStories1Lot Size342,382 SqFtStyleSingle Family ResidenceYear Built1948CountySAN BERNARDINOAPN0319-112-03-0000Fireplace TypeHas Fireplace

Schools near 12836 3rd Street

This home is within Yucaipa-Calimesa Joint Unified School District.
Rating
School
Type
Grades
Distance
Valley Elementary School
Public - K to 5
Mesa View Middle School
Public - 6 to 8
Yucaipa High School
Public - 9 to 12
Inland Leaders Charter School
Charter - K to 8
Rating
School
Distance
Valley Elementary School
PublicK to 5

Mesa View Middle School
Public6 to 8

Yucaipa High School
Public9 to 12

Inland Leaders Charter School
CharterK to 8

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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More information about 12836 3rd Street, Yucaipa, CA 92399

12836 3rd Street is a multi-family home for sale in Yucaipa, CA 92399. This property was listed for sale on November 16, 2022 by Realty Masters & Associates, it's currently listed at $6,000,000. It has been on the market for a total of 535 days and was last sold on April 4, 2022. This listing's school district is Yucaipa-Calimesa Joint Unified School District. Nearby schools include Valley Elementary School, Mesa View Middle School and Yucaipa High School. 12836 3rd Street is a 0-bed, 0-bath, 110,000 sqft multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Realty Masters & Associates, Robert Mendez, DRE #01971883

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.