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- MLS#AR20110327
- TypePending
- CountySAN BERNARDINO
- City29 Palms
- AreaHarmony Acres
- Zip92277
- Style
- Price$ 179,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage1600
- Lot Size8,564 SqFt
Listing Provided Courtesy Of:
Geoffrey Soumakian with Golden State Prop. & Inv..
Property Description
Great duplex in a great neighborhood. Its a quick 10 minute drive to the Marine Corps base for all your reliable Marine tenants. Both units are 2 bedrooms and 1 bathroom. Both units have low maintenance tile or wood floors and come with a refrigerator, stove and swamp cooler. This investment opportunity is priced at a cap rate of 7% based on the actual annual income of $15,500 and low annual expenses of $2,800 (tenants pay all utilities). There is room to raise the rents to $750/mo and get the cap rate up to 8.5%. With an initial investment of 20% down, your pro forma cash on cash return could be 19%! All units are currently rented, so please do not disturb tenants. Drive by only.
Price History | |
---|---|
6/9/2020 | Listed $179,000 |
General Features
Appliances | Gas Range, Refrigerator |
---|---|
Assessments | None |
Attached Structure | Detached |
Carport Spaces | 2.00 |
Community Features | BLM/National Forest, Hiking |
Cooling | Evaporative Cooling |
Directions | Take 29 Palms HWY east, turn left on Lupine Ave., turn left on 2 Mile Rd. turn right on Daisy |
Flooring | Laminate, Tile |
Garage Spaces | 0.00 |
HOA Fee | 0.00 |
Heating | Wall Furnace |
Levels | One |
Listagentaor | Arcadia |
Listing Agent | Geoffrey Soumakian - BRE#01726857 |
Listing Agent State License | 01726857 |
MLS Area | DC723 - Harmony Acres |
Number of Units Leased | 2 |
Parking Features | Built-In Storage, Attached Carport |
Pool Features | None |
Price Per Square Foot | 111.88 |
Roof | Asphalt |
Sewer | Conventional Septic |
Source System | CRMLS |
Special Listing Conditions | Standard |
Total Units | 2 |
Utilities | Electricity Connected, Natural Gas Connected, Water Connected |
Interior Features
1st Bedroom Area Unit Type | Square Feet |
---|---|
2nd Bedroom Area | 800 |
2nd Bedroom Area Unit Type | Square Feet |
3rd Bedroom Area Unit Type | Square Feet |
Air Conditioning Y/N | Yes |
Appliances Y/N | Yes |
Common Walls | No Common Walls |
Heating Y/N | Yes |
Laundry Features | In Kitchen, Washer Hookup |
Laundry Y/N | Yes |
Number of Wall ACs | 2 |
Range Count | 2 |
Refrigerator Count | 2 |
Studio Area Unit Type | Square Feet |
Total Stories | 1 |
Window Features | Low Emissivity Windows |
Exterior Features
Building Area Total | 1600.00 |
---|---|
Fence Y/N | Yes |
Fencing | Chain Link |
Foundation Details | Slab |
Lot Features | Lot 6500-9999 |
Lot Size Acres | 0.1966 |
Lot Size Area | 8564.0000 |
Lot Size Source | Assessor |
Lot Size Square Feet | 8564.00 |
Lot Size Units | Square Feet |
Number of Buildings | 1 |
Number of Separate Electric Meters | 2 |
Number of Separate Gas Meters | 2 |
Number of Separate Water Meters | 2 |
Parking Y/N | Yes |
Road Frontage Type | City Street |
Road Surface Type | Paved |
Total Parking | 4.00 |
Uncovered Spaces | 2.00 |
Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool