• Call your local brokerage at 714.996.3000
For Sale:$440,000
$1,557/mo
Monthly Payment:
$1,557
Principal & Interest:
$1,557
HOA Dues:
$0
(Based on a 30 year fixed loan at 3.38% with $88,000 down)
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7173 Sage Avenue


Yucca Valley, CA 92284

Morongo Unified School District
N/Asq ft N/A / sq ft MFR
Lot Size11,049sq ft Built1965 On site244days
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The Sage apartments consists of 8 units, all separately metered for gas and electric. Existing rents are +/- 10%. Value can be added by adjusting rents upward by 10% to market rents, reduce expenses such as house electric to an LED system, reduce water costs by installing low flow systems throughout all units and self manage. Current EXISTING cap rate is 6.36% with a cash on cash (COC) return of 11.86% with principal loan reduction. and PROFORMA cap rate would be 8.36% with an outstanding cash on cash (COC) return of 18.53% with principal loan reduction. Existing gross income is $51,240. Please see attached Supplements.
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MLS #EV16075150 , Listed on 04/11/16 by REGIONCY REAL ESTATE
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MLS Listing Information for 7173 Sage Avenue

Exterior Features

Parking

  • Assigned
  • 8 Parking Spaces
  • 8 Garage Spaces

Stories Desc.

  • Two Levels

Garage Spaces

  • 8

Lot Size

  • 11,049 Sq. Ft.

Lot Description

  • 6-10 Units/Acre

# of Units

  • 5 or more

Utilities

Water

  • Public

Sewer

  • Conventional Septic
  • Sewer On Bond

Additional Information

County

  • San Bernardino

Land Lease Type

  • Fee

Community Rec.

  • Rural
  • Valley

Listing Broker

  • REGIONCY REAL ESTATE

Assessments

  • 0

Originating MLS

  • Multi-Regional Multiple Listing Service

Price History for 7173 Sage Avenue

Date Event Price Source
10/22/16 Price Change: -$10,000 $440,000 CRMLS (Socal)
04/11/16 New Listing $450,000 CRMLS (Socal)

Schools Information

From Public Records
School District: Score      
Morongo Unified School District
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Nearby Homes For Sale

Houses for sale near 7173 SAGE AVE
This Multi-Family home for sale in Yucca Valley, CA is currently listed for $440,000. Featuring a lot size of 11,049 Sq. Ft., 7173 Sage Avenue was built in 1965 and has been on ERA.com for 244 days.

This listing is provided courtesy of REGIONCY REAL ESTATE. Interested in viewing more homes for sale near 7173 Sage Avenue Yucca Valley, CA 92284? You can search all Yucca Valley MLS listings, find a real estate agent, get a home value estimate and more on ERA.com.
Local real estate services provided by:
ERA North Orange County, Property Movers, Ranch and Sea Realty
ERA North Orange County, Property Movers, Ranch and Sea Realty
18431 Yorba Linda Blvd.
Yorba Linda, CA 92886
CA BRE # 00578945
714.996.3000
Website provided and owned by ERA North Orange County, Property Movers, Ranch and Sea Realty.
7173 Sage Avenue Yucca Valley, CA 92284 $440,000
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Data last updated: Saturday, December 10, 2016 at 7:23 PM. Properties in listings may have been sold or may no longer be available.