$2,250,000
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SOLD DATE : 11/03/2016
Key Details
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV16161988
Sold Date 11/03/16
HOA Y/N No
Year Built 1965
Property Description
The Northview Terrace Apartments located in the city of Yucaipa. The Northview Terrace Apartments is located at a cul-de-sac of Adams Street. The property is conveniently located north of the 10 Freeway and about a mile and a half away from Yucaipa Regional Park and minutes away from Yucaipa Valley Golf Club and Calimesa Country Club. Surrounded by educational and medical institutes such as Loma Linda University and Medical Centers and University of Redlands, the large employee base holds high rental demands in Yucaipa. Investors have the rare opportunity to own a consistent income producing property in a prime location.
Built in 1965, the Northview Terrace Apartments contains 18 units on a 43,560 square foot lot. There are 18 carport parking spaces available and the building features a pitched composition roof. The Northview Terrace Apartments has a unit mix of 17 two-bedroom/one-bathroom units and 1 one-bedroom/one-bathroom unit. The building size for this property totals 14,040 square feet with an average unit size of 780 square feet. The building features individual electric and gas meters with individual hot water heater.
Location
State CA
County San Bernardino
Area 269 - Yucaipa/Calimesa
Interior
Fireplace No
Exterior
Garage Spaces 7.0
Garage Description 7.0
Pool None
Community Features Sidewalks
Utilities Available Sewer Connected
Total Parking Spaces 7
Private Pool No
Building
Lot Description 16-20 Units/Acre, Cul-De-Sac
Water Public
Others
Senior Community No
Tax ID 0303221720000
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with ERIC CHEN • CB RICHARD ELLIS