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10316 Baker Road

Lucerne Valley, CA 92356
  • $425,000
  • STATUS: Active
  • ON SITE: 14 Days
  • ID#: SR22098654
UPDATED: 32 min ago
$425,000
  • 0
    BEDS
  • 5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1948
County:

School Ratings & Info

Listing Agent(s): Louis Woolf of Rodeo Realty (818-986-7300)


Description

Unbelievable opportunity for astute investor. A triplex with 3 homes on one 5 acre lot, priced so that you can live in one for free, while the other 2 homes pays for you!!!Don't want to live there, no problem, spin off cash instead! Located near the center of town off of Hwy 18. There is over 3,500 Sq Ft in the 3 homes. The main house (unit A) is approx 1,300 sq ft. 3 bedroom + 2 baths, with the other 2 homes approx 1,152sq ft 3+2 (unit C) and 1,054 sq ft 3+1 (unit B), respectively. Properties are in C- condition and needs TLC but where else can you find a deal like this. Buy these 3 houses (called a triplex by the banks) and live in one and rent out the other 2 !! the rent on the 2 houses almost pays for everything so you only pay approx $200 per month. Act fast. Asking $425,000 for all 3 SEPARATE houses. Water well on property, 2 of the homes are hooked up to city gas, third has propane tank. There is a tremendous amount of potential and possibilities here! It's currently generating approx $2,845 per month in RENTAL INCOME, with plenty of upside potential. There are not many multi unit residences around, so take advantage of this once in a lifetime opportunity. Priced well below market, Motivated seller says make me an offer! Do not contact tenants, drive by only!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-26T09:30:26.053. 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 deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
www.northsdrealty.com/homes/128586017
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10316 Baker Road Lucerne Valley, CA 92356

  • Price: $425,000
  • Status: Active
  • On Site: 14 Days
  • Updated: 32 min ago
  • ID#: SR22098654
0
Beds
0
Baths
0
½ Baths
5
Acres
1948
Built
Neighborhood:
LUV - Lucerne Valley
County:
San Bernardino
Area:
LUV - Lucerne Valley
Property Description
Unbelievable opportunity for astute investor. A triplex with 3 homes on one 5 acre lot, priced so that you can live in one for free, while the other 2 homes pays for you!!!Don't want to live there, no problem, spin off cash instead! Located near the center of town off of Hwy 18. There is over 3,500 Sq Ft in the 3 homes. The main house (unit A) is approx 1,300 sq ft. 3 bedroom + 2 baths, with the other 2 homes approx 1,152sq ft 3+2 (unit C) and 1,054 sq ft 3+1 (unit B), respectively. Properties are in C- condition and needs TLC but where else can you find a deal like this. Buy these 3 houses (called a triplex by the banks) and live in one and rent out the other 2 !! the rent on the 2 houses almost pays for everything so you only pay approx $200 per month. Act fast. Asking $425,000 for all 3 SEPARATE houses. Water well on property, 2 of the homes are hooked up to city gas, third has propane tank. There is a tremendous amount of potential and possibilities here! It's currently generating approx $2,845 per month in RENTAL INCOME, with plenty of upside potential. There are not many multi unit residences around, so take advantage of this once in a lifetime opportunity. Priced well below market, Motivated seller says make me an offer! Do not contact tenants, drive by only!
Exterior Features

Carport Spaces 2 Carport YN Yes Lot Features Lot Over 40000 Sqft Number Of Separate Electric Meters 3 Parking Total 3 Pool Features None Pool Private YN No Property Attached YN No Spa Features None Spa YN No

Interior Features

Accessibility Features See Remarks Common Walls No Common Walls Cooling See Remarks Cooling YN Yes Fireplace Features See Remarks Fireplace YN Yes Heating See Remarks Heating YN Yes

Property Features

Additional Parcels YN No Common Interest None Community Features Rural Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 0 Gross Scheduled Income 2845 Insurance Expense 0 Land Lease YN No Laundry Features See Remarks Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Net Operating Income 0 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 0 Operating Expense 0 Property Sub Type Triplex Rent Control YN No Senior Community YN No Sewer Cesspool Special Listing Conditions Standard Trash Expense 0 Utilities See Remarks Water Sewer Expense 0 Water Source Well Zoning Lv/Rl



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-26T09:30:26.053. 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 deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
 
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The Houston Team | Compass CA DRE#01991628
2100 Costa Del Mar
Carlsbad CA, 92009
Listing Agent(s): Louis Woolf of Rodeo Realty (818-986-7300)