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15360 Sequoia Street

Hesperia, CA 92345
  • $2,150,000
  • STATUS: Active
  • ON SITE: 28 Days
  • ID#: IV24127473
UPDATED: 105 min ago
$2,150,000
  • 0
    BEDS
  • 1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1984
County:

School Ratings & Info

Listing Agent(s): Darren Correa of LE INVESTMENT GROUP (909-256-7889)


Description

The Joshua Tree Apartments are located one mile east of the 15 Hwy at the major cross streets of Bear Valley Road and Balsam Ave. This ten unit apartment community is composed of Two (2) 2bedroom / 1 bath units that are approximately 965 sq. ft. & Eight (8) 2bedroom /2bath unitapproximately 1,010 sq. ft.. The tenants are awarded with onsite parking spaces, one car garages, private patios and ample common area yard. The owner consistently ensures regular maintenance and timely upgrades across the property, focusing on enhancing living spaces with modern amenities. This includes the installation of new doors, updated flooring, fresh paint, contemporary cabinets, and premium granite countertops in select units. Additionally, critical systems such as air conditioning and water heaters have been upgraded in specific units to ensure optimal comfort and efficiency.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-07-20T21:47:23.44. 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 Mainstreet Realtors®. Licensed in the State of California, USA.
www.mainstreetgroup.com/homes/151915464
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15360 Sequoia Street Hesperia, CA 92345

  • Price: $2,150,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 105 min ago
  • ID#: IV24127473
0
Beds
0
Baths
0
½ Baths
1
Acres
1984
Built
Neighborhood:
HSP - Hesperia
County:
San Bernardino
Area:
HSP - Hesperia
Property Description
The Joshua Tree Apartments are located one mile east of the 15 Hwy at the major cross streets of Bear Valley Road and Balsam Ave. This ten unit apartment community is composed of Two (2) 2bedroom / 1 bath units that are approximately 965 sq. ft. & Eight (8) 2bedroom /2bath unitapproximately 1,010 sq. ft.. The tenants are awarded with onsite parking spaces, one car garages, private patios and ample common area yard. The owner consistently ensures regular maintenance and timely upgrades across the property, focusing on enhancing living spaces with modern amenities. This includes the installation of new doors, updated flooring, fresh paint, contemporary cabinets, and premium granite countertops in select units. Additionally, critical systems such as air conditioning and water heaters have been upgraded in specific units to ensure optimal comfort and efficiency.
Exterior Features

Entry Level 1 Entry Location 15360 Lot Features 6-10 Units/Acre Number Of Separate Electric Meters 10 Open Parking Spaces 10 Parking Features Door-SingleGarage Parking Total 20 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls Cooling Central Air Cooling YN Yes

Property Features

Additional Parcels YN No Cap Rate 6.58 Common Interest Community Apartment Community Features Suburban Electric Expense 500 Fuel Expense 1200 Garage YN Yes Gross Income 217200 Gross Scheduled Income 199200 Insurance Expense 7221 Land Lease YN No Laundry Features Washer HookupGas Dryer Hookup Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Submit Maintenance Expense 8254 Net Operating Income 141566 New Construction YN No New Taxes Expense 21889 Number Of Separate Gas Meters 10 Number Of Separate Water Meters 1 Number Of Units Leased 10 Operating Expense 65674 Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Septic Tank Special Listing Conditions Standard Supplies Expense 1200 Tenant Pays ElectricityGas Trash Expense 3600 Vacancy Allowance 9960 Water Sewer Expense 5800 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-07-20T21:47:23.44. 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 Mainstreet Realtors®. Licensed in the State of California, USA.
 
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Mainstreet Realtors®
10300 Fourth St. Ste 100
Rancho Cucamonga CA, 91730
Listing Agent(s): Darren Correa of LE INVESTMENT GROUP (909-256-7889)