$ 425,000
10316 Baker RD Lucerne Valley, CA 92356
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$ 425,000
Est. payment /mo
Active
10316 Baker RD Lucerne Valley, CA 92356
5 Acres Lot
UPDATED:
04/24/2023 07:00 PM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CNSR23011991
Originating Board CRISNet
Year Built 1948
Lot Size 5.000 Acres
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!
Location
State CA
County San Bernardino
Area Luv - Lucerne Valley
Interior
Heating Other
Cooling Other
Exterior
Garage Spaces 3.0
Pool 31, None
Building
Story One Story
Sewer Cesspool
Water Well
Others
Tax ID 0451121230000
Special Listing Condition Not Applicable
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Listed by Louis Woolf • Rodeo Realty