Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

6

Building size

4,716 sqft

Lot size

19,000 sqft

Year built

1986

Stories

1

Garage spaces

6

Heating

Wall Furnace

Cooling

Evaporative Cooling

Pool

None

View

Desert

Status

Active

Days on market

25

MLS #

247497926

About this property

Turn-key, 100% occupied 6-unit investment gem on scenic Bannock Trail in Yucca Valley! Built in 1986 (free from pre-1978 lead/asbestos liabilities), this premium asset features a uniform mix of all 2BR/1BA units, each boasting an attached 1-car garage with updated doors. Enjoy zero deferred maintenance: brand-new roofs with warranties across all three buildings, 4 of 6 newer rooftop swamp coolers, and fully connected to the municipal sewer. Inside, 100% of the units are fully rehabbed with modern flooring and fresh paint. Tenants love the newly installed, secure commercial mailbox system—a rare and highly coveted amenity for local apartments. Operationally seamless, the asset is professionally broker-managed with clean, CAR-compliant leases and mandatory renters insurance. All utilities (water, gas, electric) are individually metered and paid by tenants, keeping annual owner expenses exceptionally low. The Numbers (Effective Nov 26, 2026): • Gross Monthly Rent: $8,550 • Actual GSI: $102,600 | NOI: $64,226 • Entry Cap Rate: 5.79% | GRM: 10.82 • Pro Forma Upside: $120,000 GSI ($1,666/unit market rent) for a future 7.28% Cap Rate! Buyers are welcome to conduct full inspections for ultimate peace of mind. Buyer/agent to verify all information, including square footage, utilities, permits, and financials. Deemed reliable but not guaranteed.

Location

7467 Bannock Trail

Yucca Valley, San Bernardino, CA, 92284