7467 Bannock Trail, Yucca Valley, CA, CA 92284
- $1,110,000
- List Price
- $1,110,000
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- IV26210446
- County
- San Bernardino
- Year Built
- 1986
- Building Square Feet
- 4,716
- Square Feet
- 19,000
- Days on Market
- 37
- Property Type
- Multifamily
- Stories
- One Level
Property Description
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: $8,450 • 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.
/u.realgeeks.media/grandestatesca/dp_logo_w_background.png){kind=logo}
Additional Information
- Parcel Number
- 0586293140000
- Common Interest
- Community Apartment
- Gross Scheduled Income
- $102,600
- Operating Expense
- 33244
- Net Operating Income
- $64,226
- Number of Buildings
- 3
- Lot Features
- 6-10 Units/Acre
- Appliances
- Dishwasher, Gas Range
- Heat
- Wall Furnace
- Cooling
- Yes
- View
- Desert
- Roof
- Shingle
- Garage Spaces Total
- 6
- Sewer
- Public Sewer
- Water
- Public
- Community Features
- Valley
Listing courtesy of Listing Agent: HENRY CHUANG (henrychuangbroker@gmail.com) from Listing Office: HENRY CHUANG, BROKER.
How much is your home worth?
Get instant property value now!
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.