38197 West Williams Street

Yermo, CA 92398

$699,999
Price
—
Beds
3,088 Sq. Ft.
$227 / Sq. Ft.
3,088
Sq. Ft.
$227
per Sq. Ft.

Description

This Property Consists of (8) Studio Casitas with Covered Front Patios, Tile Roofs and Each have their Own Electric and Gas Meters & a 9th Building used as Storage on one side and Coin Operated Laundry on the other side w/ (2) Washers and (2) Dryers. Property is Zoned Commercial. A Residential Loan is Not Available for this Property. A Residential Loan is Not Available for this Property (4) Casitas were remodeled in 2015 and (4) Were Remodeled in 2018. Located Just off the 15 Freeway Between Los...This Property Consists of (8) Studio Casitas with Covered Front Patios, Tile Roofs and Each have their Own Electric and Gas Meters & a 9th Building used as Storage on one side and Coin Operated Laundry on the other side w/ (2) Washers and (2) Dryers. Property is Zoned Commercial. A Residential Loan is Not Available for this Property. A Residential Loan is Not Available for this Property (4) Casitas were remodeled in 2015 and (4) Were Remodeled in 2018. Located Just off the 15 Freeway Between Los Angeles and Las Vegas in the same City as Eddie World. Sale Includes a Total of (4) Properties (2) Quad Plexe's and (2) Adjacent Vacant Lots currently used for Overflow Parking.
2022 Income was $70k! 2023 Income is Projected to be $79k+ w an 8% Vacancy Factor. Rent Roll to be Sent Upon Request. The BNSF International Gateway is expected to bring 20,000 direct and indirect jobs to the Barstow Region. Barstow has approved the new 29 Acre Cannabis Super Center at the Former Outlet Mall. Seller is Also the Agent, Manager and has Owned the Properties since 2015. Seller is willing to Manage the Project for the Buyer. You will be hard
pressed to find a better Investment Opportunity in SoCal!
  1. Listed by DUSTIN CLICK • DRE #01903939 • Brokerage DRE #02048999 • A-Z REALTY & INVESTMENT CORP • 909-230-1681

Property Details for 38197 West Williams Street

Architectural Style
Spanish
Parking Spaces Total
0
Private Pool
No
Cooling Type
Wall/Window Unit(s)
Total Units
8.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
3088

Location

Listing Courtesy of A-Z REALTY & INVESTMENT CORP, DUSTIN CLICK, DRE #01903939
Add your commute
LISTING UPDATED: 10/10/2023 09:20 PM

Property Details for 38197 West Williams Street

StatusActive
MLS #WS22252654
Days on Market297
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1948
Lot Size0.43 AC / 18,680 SF
CountySan Bernardino County

Location

Listing Courtesy of A-Z REALTY & INVESTMENT CORP, DUSTIN CLICK, DRE #01903939
Add your commute

Building Information for 38197 West Williams Street

Stories-Residences-Year Built1948Building Size-Lot Size0.43 AC / 18,680 SF

Payment Calculator

$3,820 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,820

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 38197 West Williams Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $79,376
  • Gross Scheduled Income: $79,376
  • Net Operating Income: $57,970
Expense Details
  • Operating Expense: $22,000
  • New Taxes Expense: $7,000
  • Fuel Expense: $0
  • Licenses Expense: $500
  • Electric Expense: $2,000
  • Insurance Expense: $5,000
  • Professional Management Expense: $0
  • Trash Expense: $1,200
  • Water Sewer Expense: $1,200
  • Total Expenses: $22,000
Tax / Assessment Info
  • Tax Tract Number: 1867
  • Tax Lot: 13
Community / Development
Community / Development
  • Community Features: Mountainous, Rural
Property / Structure Info
Interior Features
  • Appliances: Gas Oven, Gas Range, Microwave
  • Equipment: Dryer, Dryer Included, Gas Or Electric Dryer Hookup, Laundry Area, Microwave, Washer, Washer Hookup, Washer Included
  • Interior Features: Formica Counters, Furnished, Open Floorplan
  • Laundry: Yes
  • Laundry Features: Common Area, Dryer Included, Gas & Electric Dryer Hookup, Washer Hookup, Washer Included
  • Fireplace Features: Electric, Gas
  • Fireplace Rooms: Electric, Gas
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Pool Features: None
  • Pool Description: None
  • Spa Features: None
Land/Lot Info
  • Additional Parcels Description: 0537174170000,0537174120000,0537174130000
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Level with Street, Rectangular Lot
  • Lot Location: Rural, Corner Lot
  • Number Of Units: 8
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Conventional Septic
  • Utilities: Electricity Connected, Natural Gas Available, Water Connected
  • Electric: Electricity Connected, Natural Gas Available, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Private
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Off Street, Private
Unit Information
Unit 1
  • Unit Type Units Total: 8
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Partially
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $7,216
  • Unit Type Total Rent: $7,216
  • Unit Type Pro Forma: 7200
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 9
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1

Property History for 38197 West Williams Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 38197 West Williams Street

This home is within Silver Valley Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Yermo Elementary School
PublicK to 8

Fort Irwin Middle School
Public6 to 8

Silver Valley High School
Public9 to 12

Calico Continuation High School
Public9 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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38197 West Williams Street is a mixed use property for sale in Yermo, CA 92398. This property was listed for sale on December 7, 2022 by A-Z REALTY & INVESTMENT CORP, it's currently listed at $699,999. This listing's school district is Silver Valley Unified School District. Nearby schools include Yermo Elementary School, Fort Irwin Middle School and Silver Valley High School. 38197 West Williams Street is a 0-bed, 0-bath, 3,088 sqft mixed use property built in 1948.

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.

Listing Courtesy of A-Z REALTY & INVESTMENT CORP, DUSTIN CLICK, DRE #01903939

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.