7467 Bannock, Yucca Valley CA 92284 | $1,110,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 19000 Lot Sq Ft
  • Type: Apartment
  • Stories: 1
  • Year Built: 1986
  • MLS#: IV26210446
  • Community: DC571 - Yucca Mesa

Listing provided courtesy of HENRY CHUANG of HENRY CHUANG, BROKER. Last updated 2026-09-28 08:10:57.000000. Listing information © 2026 SANDICOR.

TURN-KEY, 100% OCCUPIED 6-UNIT INVESTMENT PROPERTY ON SCENIC BANNOCK TRAIL IN YUCCA VALLEY! Built in 1986 (no pre-1978 lead/asbestos liability), this premium asset features a uniform mix of ALL 2-Bed/1-Bath units with attached 1-car garages and updated garage doors. *** MAJOR UPGRADES COMPLETED: (1) NEW ROOFS: all 3 buildings with contractor warranties. (2) HVAC: 4 of 6 units feature updated rooftop swamp coolers (installed within 3 years). (3) SEWER: Fully connected to city municipal sewer; old septic system eliminated. (4) INTERIORS: 100% rehabbed with new modern flooring and fresh paint. *** OPERATIONAL & FINANCIAL HIGHLIGHTS: Asset is professionally broker-managed with clean CAR-compliant leasing forms and mandatory tenant renters insurance. All utilities—including water, gas, and electricity—are individually metered to tenants, keeping annual owner expenses lean at $33,244. Scheduled gross monthly rent roll increases to $8,550 on Nov 26, 2026 ($102,600 Actual GSI / $64,226 NOI / 5.79% Entry Cap Rate / 10.82 GRM). Tremendous Pro Forma upside of $120,000 GSI based on target market rents ($1,666/unit) yielding a future 7.28% Cap Rate. *** SHOWING INSTRUCTIONS: STRICTLY DRIVE-BY ONLY. Do not disturb tenants. Showings are strictly contingent upon an accepted offer and verified Earnest Money Deposit (EMD). *** LEGAL DISCLAIMERS: Property is sold strictly AS-IS regarding roofs, sewer, cooling, and flooring; no price-chipping or credits will be entertained during due diligence. Buyer and Buyer's Agent to verify all info, including square footage, utility metering, permits, sewer connections, and financial projections. Info deemed reliable but not guaranteed.

More Details

0.44 Acres
1 Story

Cristopher Crozier​

Call or Text: 760.626.2600