7226 Grand Avenue, Unit AB

Yucca Valley, CA 92284

$309,000
Price
2
Beds
2
Baths
1,240 Sq. Ft.
$249 / Sq. Ft.
1,240
Sq. Ft.
$249
per Sq. Ft.

Description

Welcome to this unique investment opportunity in the heart of Yucca Valley. This duplex, located at 7226 Grand Ave, offers two units, each featuring 1 bedrooms and 1 bathroom, spread across a total of 1240 square feet. Both units are tenant occupied. Unit "A" has been fully remodeled, boasting modern finishes and amenities that are sure to attract tenants. The property is situated on a spacious 0.3 acre lot, providing ample outdoor space for tenants to enjoy. Additionally, the property comes with...Welcome to this unique investment opportunity in the heart of Yucca Valley. This duplex, located at 7226 Grand Ave, offers two units, each featuring 1 bedrooms and 1 bathroom, spread across a total of 1240 square feet. Both units are tenant occupied. Unit "A" has been fully remodeled, boasting modern finishes and amenities that are sure to attract tenants. The property is situated on a spacious 0.3 acre lot, providing ample outdoor space for tenants to enjoy. Additionally, the property comes with 4 off-site parking spaces, adding convenience for tenants or guests. Opportunity also come with fully paid off solar system valued around $30,000 But the opportunity doesn't stop there. An adjacent vacant lot ( 7236 Grand Ave, APN#059509204 ) is also available for sale, offering potential for further development or expansion. This could be an excellent opportunity for those looking to invest in Airbnb rentals, a strategy that has proven successful for many real estate investors. Located in the Joshua Tree district, the property is in close proximity to local schools, including Yucca Valley Elementary School, La Contenta Middle School, and Yucca Valley High School. Don't miss out on this unique investment opportunity in Yucca Valley. Whether you're looking to expand your rental portfolio or venture into Airbnb rentals, this property offers a wealth of potential. Unit A will become vacant by March 15th and can be delivered vacant.
  1. Listed by Kevin Danialifar • DRE #01904911 • Brokerage DRE #01425795 • Keller Williams Beverly Hills

Property Details for 7226 Grand Avenue, Unit AB

Parcel Number
0595092030000
Total Units
2.0
Living Area
1240
Source Living Area
Vendor Enhanced
Area
Downtown North (DC542)
Vacancy Rate
0
Lot Size Area
13000
Source Lot Size Area
Vendor Enhanced

Location

Listing Courtesy of Keller Williams Beverly Hills, Kevin Danialifar, DRE #01904911
Add your commute
LISTING UPDATED: 03/11/2024 12:44 PM

Property Details for 7226 Grand Avenue, Unit AB

StatusActive
MLS #24-352977
Days on Market91
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1958
Lot Size0.30 AC / 13,000 SF
CountySan Bernardino County

Location

Listing Courtesy of Keller Williams Beverly Hills, Kevin Danialifar, DRE #01904911
Add your commute

Building Information for 7226 Grand Avenue, Unit AB

Stories-Residences-Year Built1958Building Size-Lot Size0.30 AC / 13,000 SF

Payment Calculator

$1,686 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,686

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7226 Grand Avenue, Unit AB

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: Duplex
  • Unit Number: A-B
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $25,200
  • Net Operating Income: $16,380.00
  • Gross Income: $25,200
  • Gross Rent Multiplier: $12.50
  • Total Annual Expense: 8820
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.298
  • Lot Size Square Feet: 13000
Parking Details
Parking Details
  • Parking Garage: Covered Parking, Driveway - Pavers
  • Total Parking: 4
  • Parking Features: Covered, Paved
Interior Features
Interior Features
  • Levels: One
  • Cooling Type: Window Unit(s)
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 01-30-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,400.00
  • Unit Actual Rent: $1,400.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $700.00
  • Unit Actual Rent: $700.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $275,000.00
  • Assessed Improvement Percent: 83.33
  • Assessed Land Value: $50,000.00
  • Assessed Land Percent: 16.67
  • Assessed Total Value: $187,272.00

Property History for 7226 Grand Avenue, Unit AB

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 7226 Grand Avenue, Unit AB

This home is within Morongo Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Yucca Valley Elementary School
PublicK to 6

La Contenta Middle School
Public7 to 8

Yucca Valley 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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7226 Grand Avenue, Unit AB is a multi-family home for sale in Yucca Valley, CA 92284. This property was listed for sale on January 29, 2024 by Keller Williams Beverly Hills, it's currently listed at $309,000. This listing's school district is Morongo Unified School District. Nearby schools include Yucca Valley Elementary School, La Contenta Middle School and Yucca Valley High School. 7226 Grand Avenue, Unit AB is a 2-bed, 2-bath, 1,240 sqft multi-family home built in 1958.

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 Keller Williams Beverly Hills, Kevin Danialifar, DRE #01904911

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.