Yermo, CA 92398 38818 W Yermo Road

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Presented By: DUSTIN CLICK with A-Z REALTY & INVESTMENT CORP; 909-230-1681
  • MLS# WS22254187
  • 12/11/2022
  • Request Tour
  • Request Info
  • BedBeds • 6
  • BathBaths • 2
  • FootageSQFT • 3,620
  • GarageGarage • 1

Home Details

Former El Ranch Tel Motel turned MTM Apartments / 10 Units (9 Furnished Apartments and a 3 Bedroom House) located just off the 15 Freeway Between LA and LV. Master Metered; All utilities are paid for by the Landlord. Building I: 1 Bedroom Apt and 3 Furnished Studios. Building II: 2 Furnished Studios and a Furnished 1 Bedroom Apartment. Building III: 1 Single Family Dwelling. Newly Remodeled 2 Bedroom Apartment w/ Single Car Garage. The property also has a New Laundry Facility w/ (2) Coin Op Washers and (2) Dryers, A Community Area w/ Trellis, Picnic Tables, Fire Pit, Palm Trees and BBQ Area. There are also and RV Hook Up, (3) Carports and outbuildings used for Dry Storage. Managers Laundry, Several Supply Closets, etc. There is a well onsite for Water Service. The Property is fully occupied and professionally managed. Rent Roll to be Sent Upon Request. The BNSF International Gateway is expected to bring 20,000 direct and indirect jobs to the Barstow Region. Barstow has approved the new 29 Acre Cannabis Super Center at the Former Outlet Mall. Seller is Also the Agent, Manager and has Owned the Properties since 2015. Seller is willing to Manage the Project for the Buyer. You will be hard pressed to find a better Investment Opportunity in SoCal! The Owner is also the Listing Agent. Rent Roll and Financials Available upon Request. Property Management Service Available for Seamless Transition (free for first 6 Months). POF Required prior to showings. Sold in AS IS Condition. Do your own Due Diligence on all aspects of the property.
Presented By: DUSTIN CLICK with A-Z REALTY & INVESTMENT CORP; 909-230-1681

Interior Features for 38818 W Yermo Road

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesSeeRemarks
Street SuffixRoad
Total Stories1

General for 38818 W Yermo Road

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityYermo
Community FeaturesBiking, Hiking, Mountainous, Rural, StreetLights
CountySan Bernardino
Days on Market195
Directions15 Freeway Exit Yermo Rd
Electric Expense12000.0
Fuel Expense0.0
Garage Spaces1.0
Garage Y/NYes
Gross Income117564.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense5000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, Item1031Exchange
Lot Size Square Feet25236.0
MLS Area699 - Not Defined
MobileHomeRemainsYNNo
Net Operating Income56953.0
New ConstructionNo
Number of Units Leased9
Operating Expense34200.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalMixedUse
Property SubTypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerSepticTank
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Street NameYermo
Tax Lot58
Taxes$8,700
Tenant PaysNone
Total Actual Rent9797.0
Total Units10
Trash Expense3000.0
View Y/NNo
Water Sewer Expense3000.0
Waterfront Y/NNo
Year Built1948
Year Built SourceEstimated
ZoningCR

Exterior for 38818 W Yermo Road

Building Area Total3620.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem610UnitsAcre
Lot Size Acres0.5793
Lot Size Area25236.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings4
Number of Separate Electric Meters1
Number of Separate Gas Meters1
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking1.0
Water SourceWell

Additional Details

Price History

1527188455

First Team Client Services

Price $699,999
MLS#WS22254187
List Date 12/11/2022
Property Type Multi-Family
Phone 714.964.3311
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