CA > Yucaipa
Yucaipa, CA 92399,13537 5th ST
Yucaipa, CA 92399,13537 5th ST
Yucaipa, CA 92399,13537 5th ST
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$4,700,000
Est. payment /mo
0.91 Acres Lot
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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV25239661

HOA Y/N No

Year Built 2024

Lot Size 0.910 Acres

Property Sub-Type Apartment

Property Description

We are proud to present a rare opportunity to acquire a brand-new, Active Living 62+ Senior Living Apartment Community at 13537 5th St in Yucaipa, CA. This exceptional offering is strategically positioned to capitalize on the thriving Inland Empire market and Yucaipa's forward-thinking growth. The property features an ideal and evenly split unit mix, with eight 1-bedroom/1- bathroom units and eight 2-bedroom/2-bathroom units, a desirable combination perfectly suited for the local Active Living 62+ senior rental market. As new construction, the property requires no deferred maintenance or costly capital expenditures for years to come. With installed solar panels, the building is designed for long-term value, providing a sustainable, eco-friendly option that significantly reduces utility costs. This location offers a quiet, balanced lifestyle that is highly sought after by the senior living community, providing proximity to essential services while maintaining a serene environment. This property offers investors immediate returns, with current rents already performing near market rates. While providing stable cash flow from day one, it also presents a clear opportunity for future income growth as the local market continues to strengthen. Whether you're a first-time investor, a seasoned professional looking to expand your portfolio, or considering a 1031 Exchange, this asset offers exceptional stability and enduring value in one of Southern California's most dynamic markets, tapping into the robust and growing demand for senior housing.

Location

State CA

County San Bernardino

Area 269 - Yucaipa/Calimesa/Oak Glen

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry Washer Hookup, Electric Dryer Hookup

Exterior

Pool None

Community Features Curbs, Sidewalks

Total Parking Spaces 16

Private Pool No

Building

Lot Description 11-15 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction Yes

Others

Senior Community Yes

Tax ID 0319233580000

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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CRMLS – RECore
Listed by Eric Chen CB RICHARD ELLIS 626-757-5717

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