7382 Olympic Road

Joshua Tree, CA 92252

$949,000
Last Sold Price
2
Beds
6
Baths
5,076 Sq. Ft.
$187 / Sq. Ft.
5,076
Sq. Ft.
$187
per Sq. Ft.

Description

Investors dream! 6 unit multifamily apartment complex in UPPER FRIENDLY HILLS! Perfect location and priced right. Gorgeous backdrop of the Joshua Tree National Park and surrounding bouldery mountains. EXCELLENT location only a 5 minute dive to the Joshua Tree National Park. Each unit is 2 bedroom one bath a little under 900 sqft each. Cute Quiet neighborhood. Pictures do no justice! Come view today!Investors dream! 6 unit multifamily apartment complex in UPPER FRIENDLY HILLS! Perfect location and priced right. Gorgeous backdrop of the Joshua Tree National Park and surrounding bouldery mountains. EXCELLENT location only a 5 minute dive to the Joshua Tree National Park. Each unit is 2 bedroom one bath a little under 900 sqft each. Cute Quiet neighborhood. Pictures do no justice! Come view today!
  1. Listed by Russel Waldron • DRE #02065694 • Brokerage DRE #01005011 • Joshua Tree Realty

Property Details for 7382 Olympic Road

Parking Spaces Total
0
Private Pool
No
Cooling Type
Swamp Cooler(s)
Total Units
6.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
5076
Assessor Parcel Number
0588-143-06-0000

Location

Listing Courtesy of Joshua Tree Realty, Russel Waldron, DRE #02065694

Sold By Citivest Realty Services, Inc, Martin Fish, DRE #01988997

Add your commute
LISTING UPDATED: 09/21/2022 03:37 AM

Property Details for 7382 Olympic Road

StatusClosed
MLS #JT22173238
Days on Market3
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1984
Lot Size0.72 AC / 31,351 SF
CountySan Bernardino County

Location

Listing Courtesy of Joshua Tree Realty, Russel Waldron, DRE #02065694

Sold By Citivest Realty Services, Inc, Martin Fish, DRE #01988997

Add your commute

Building Information for 7382 Olympic Road

Stories1Residences-Year Built1984Building Size-Lot Size0.72 AC / 31,351 SF

Payment Calculator

$6,086 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,179

Property Taxes

$907

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7382 Olympic Road

Income / Expense / Tax Details
Income Details
  • Gross Income: $37,708
  • Gross Scheduled Income: $37,708
  • Net Operating Income: $26,601
  • Financing: Cash
Expense Details
  • Operating Expense: $11,108
  • Insurance Expense: $3,300
  • Professional Management Expense: $2,870
  • Trash Expense: $162
  • Water Sewer Expense: $184
  • Total Expenses: $11,108
Tax / Assessment Info
  • Tax Tract Number: 5656
  • Tax Census Tract: 104.19
  • CFD/Mello-Roos Fee: $652
  • Tax Lot: 82
Community / Development
Community / Development
  • Community Features: Biking, BLM/National Forest, Hiking
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
  • Cooling: Evaporative Cooling
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Desert Back
  • Lot Location: BLM/National Forest, Desert Back
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Conventional Septic
  • Sewer/Septic: Septic Installed
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 6
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $37,708
  • Unit Type Total Rent: $36,435
  • Unit Type Pro Forma: 38000
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1

Property History for 7382 Olympic 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 7382 Olympic Road

Taxable ValueLand$100,000Additions$849,000Total$949,000
Tax Record2023$10,885 ($907 / month)
Home Facts
Total Finished SqFt5,076 SqFtAbove Grade Finished SqFt5,076 SqFtStories1Lot Size31,351 SqFtStyleMulti-Family Res (5+ Units)Year Built1984CountySAN BERNARDINOAPN0588-143-06-0000

Schools near 7382 Olympic Road

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
Friendly Hills 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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Similar Sold Homes

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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 Joshua Tree Realty, Russel Waldron, DRE #02065694

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.