38818 West Yermo Road

Yermo, CA 92398

$699,999
Price
6
Beds
10
Baths
3,620 Sq. Ft.
$193 / Sq. Ft.
3,620
Sq. Ft.
$193
per Sq. Ft.

Description

Former El Ranch Tel Motel turned MTM Apartments / 10 Units (9 Furnished Apartments and a 3 Bedroom House) located just off the 15 Freeway Between LA and LV. Master Metered; All utilities are paid for by the Landlord. Building I: 1 Bedroom Apt and 3 Furnished Studios. Building II: 2 Furnished Studios and a Furnished 1 Bedroom Apartment. Building III: 1 Single Family Dwelling. Newly Remodeled 2 Bedroom Apartment w/ Single Car Garage. The property also has a New Laundry Facility w/ (2) Coin Op Washers...Former El Ranch Tel Motel turned MTM Apartments / 10 Units (9 Furnished Apartments and a 3 Bedroom House) located just off the 15 Freeway Between LA and LV. Master Metered; All utilities are paid for by the Landlord. Building I: 1 Bedroom Apt and 3 Furnished Studios. Building II: 2 Furnished Studios and a Furnished 1 Bedroom Apartment. Building III: 1 Single Family Dwelling. Newly Remodeled 2 Bedroom Apartment w/ Single Car Garage. The property also has a New Laundry Facility w/ (2) Coin Op Washers and (2) Dryers, A Community Area w/ Trellis, Picnic Tables, Fire Pit, Palm Trees and BBQ Area. There are also and RV Hook Up, (3) Carports and outbuildings used for Dry Storage. Managers Laundry, Several Supply Closets, etc. There is a well onsite for Water Service. The Property is fully occupied and professionally managed. 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! The Owner is also the Listing Agent. Rent Roll and Financials Available upon Request. Property Management Service Available for Seamless Transition (free for first 6 Months). POF Required prior to showings. Sold in AS IS Condition. Do your own Due Diligence on all aspects of the property.
  1. Listed by DUSTIN CLICK • DRE #01903939 • Brokerage DRE #02048999 • A-Z REALTY & INVESTMENT CORP • 909-230-1681

Property Details for 38818 West Yermo Road

Parking Spaces Total
1
Private Pool
No
Total Units
10.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
3620
Assessor Parcel Number
0538-072-15-0000
Property Attached YN
false

Location

Listing Courtesy of A-Z REALTY & INVESTMENT CORP, DUSTIN CLICK, DRE #01903939
Add your commute
LISTING UPDATED: 12/27/2023 12:17 AM

Property Details for 38818 West Yermo Road

StatusActive
MLS #WS22254187
Days on Market343
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1948
Lot Size0.58 AC / 25,236 SF
CountySan Bernardino County

Location

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

Building Information for 38818 West Yermo Road

Stories1Residences-Year Built1948Building Size-Lot Size0.58 AC / 25,236 SF

Payment Calculator

$4,115 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,820

Property Taxes

$295

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 38818 West Yermo Road

Rental Info
Rental Info
  • Tenant Pays: None
Income / Expense / Tax Details
Income Details
  • Gross Income: $117,564
  • Gross Scheduled Income: $117,564
  • Vacancy Allowance Rate: 8
  • Net Operating Income: $56,953
Expense Details
  • Operating Expense: $34,200
  • New Taxes Expense: $8,700
  • Fuel Expense: $0
  • Electric Expense: $12,000
  • Insurance Expense: $5,000
  • Professional Management Expense: $0
  • Trash Expense: $3,000
  • Water Sewer Expense: $3,000
  • Total Expenses: $34,200
Tax / Assessment Info
  • Tax Tract Number: 2459
  • Tax Census Tract: 116.02
  • Tax Lot: 58
Community / Development
Community / Development
  • Community Features: Biking, Hiking, Mountainous, Rural, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: See Remarks
Exterior Features
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 6-10 Units/Acre
  • Number Of Units: 10
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Well
  • Sewer: Conventional Septic
  • Water Source: Well
Parking Info
  • Garage Spaces: 1
  • Parking Garage Spaces: 1
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,500
  • Unit Type Total Rent: $1,500
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $895
  • Unit Type Total Rent: $895
  • Unit Type Pro Forma: 895
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $800
  • Unit Type Total Rent: $800
  • Unit Type Pro Forma: 800
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $800
  • Unit Type Total Rent: $800
  • Unit Type Pro Forma: 800
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $800
  • Unit Type Total Rent: $800
  • Unit Type Pro Forma: 800
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $800
  • Unit Type Total Rent: $800
  • Unit Type Pro Forma: 800
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $782
  • Unit Type Total Rent: $782
  • Unit Type Pro Forma: 782
  • Unit Type Type: 7
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,050
  • Unit Type Total Rent: $1,050
  • Unit Type Pro Forma: 1050
  • Unit Type Type: 8
Unit 9
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,570
  • Unit Type Total Rent: $1,570
  • Unit Type Pro Forma: 1570
  • Unit Type Type: 9
Unit Information
  • Number Of Units Leased: 9
  • Rent Controlled: No
  • Number Of Buildings: 4
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 38818 West Yermo Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 38818 West Yermo Road

Taxable ValueLand$81,600Additions$244,800Total$326,400
Tax Record2023$3,538 ($295 / month)
Home Facts
Stories1Lot Size25,236 SqFtStyleHotel / MotelYear Built1950CountySAN BERNARDINOAPN0538-072-15-0000

Schools near 38818 West Yermo Road

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.

Similar Homes

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38818 West Yermo Road is a mixed use property for sale in Yermo, CA 92398. This property was listed for sale on December 11, 2022 by A-Z REALTY & INVESTMENT CORP, it's currently listed at $699,999. It has been on the market for a total of 343 days and was last sold on September 29, 2021. 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. 38818 West Yermo Road is a 6-bed, 10-bath, 3,620 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.