Lucerne Valley, CA 92356,10316 Baker RD
Lucerne Valley, CA 92356,10316 Baker RD
Lucerne Valley, CA 92356,10316 Baker RD
$425,000
Est. payment /mo
$425,000
Est.Price: ?

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9 Beds
5 Baths
3,563 SqFt
SOLD DATE : 07/08/2024

Key Details

Sold Price $425,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,563 sqft

Price per Sqft $119

MLS Listing ID 24346459

Sold Date 07/08/24

Bedrooms 9

HOA Y/N No

Year Built 1948

Lot Size 5.000 Acres

Property Description

Unbelievable opportunity for astute investor. Seller looking for all cash offers, however they may consider a short term 2nd with a strong buyer. 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, (There is currently a unlawful detainer action filed with unit A. It should bring in an additional $1,800 per month), with the other 2 homes approx 1,152sq ft 3+2 (unit B) and 1,054 sq ft 3+1 (unit C), respectively. There is even an abandoned swimming pool on the property that could probably be salvaged and restored. 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 $2,250 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!

Location

State CA

County San Bernardino

Area Luv - Lucerne Valley

Zoning LV/RL

Interior

Fireplace No

Exterior

Garage Carport, Garage

Garage Spaces 1.0

Carport Spaces 2

Garage Description 1.0

Pool See Remarks

Total Parking Spaces 3

Building

Story 1

Entry Level One

Sewer Cesspool

Water Well

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 0451121230000

Acceptable Financing Cal Vet Loan

Listing Terms Cal Vet Loan

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Lou Woolf • Rodeo Realty
Bought with OSCAR GARCIA • 1% LISTING FEE

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High State Realty

+1(805) 490-1401

BROKER, OWNER | License ID: 02181686

BROKER, OWNER License ID: 02181686

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