Quadplex with Outdoor
For Sale
$569,900
1010 Wamego, Yucca Valley, CA 92284
Yucca Valley, CA
Property Size3,000 SF
Lot Size2.01 Acres
Price / SF$189.97
Days on Market207
Property Features for 1010 Wamego
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
5
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bathroom 3, Bedroom 3, Bedroom 5, Bedroom 2, Laundry Room, Exercise Room, Bedroom 1, Bedroom 4, Bathroom 2, Bathroom 1
Parking
1
Parking features
Driveway, Garage
Patio and Porch features
Porch, Patio
Interior features
Built-in Features, Storage
Appliances
Microwave, Refrigerator, Gas Range, Dishwasher
Lot features
Treed Lot, Rectangular Lot, Desert Back, Desert Front, Gentle Sloping, Secluded, Value In Land
View
Hills, Desert
Elementary school district
Morongo Unified
Middle school district
Morongo Unified
High school district
Morongo Unified
Directions
From Hwy. 247 (Old Woman's Spring Road) turn West onto Ruth Lane. Home is on the corner of Ruth Lane and Wamego Trail.
Subdivision
DC581 - West Flamingo Heights
Standard status
Active
APN
0629051740000
Size
3,000 SF
Lot size
2.01 Acres
Utilities
Utilities
Propane
Sewer type
Unknown
Heating system
Wall Furnace
Cooling system
Evaporative Cooling
Water source
Public
Amenities
enclosed porch
elevated entertainers patio
outdoor kitchen
Building Details
Year built
1989
Floors in Building
2
Number of units
4
Flooring type
Carpet, Laminate, Tile
Building materials
Frame
Roof type
Shingle
Architectural style
Modern
Additional Structures
Outbuilding, Storage
Listing Agency:
Coldwell Banker Roadrunner Realty · Coldwell Banker Real Estate
(760) 365-8880
Listed By:
Joseph Mall · License #02159230
(310) 422-7853
Added: Jan 27
Changed: Aug 21
Last Checked: Aug 22 at 10:06PM
MLS# JT26020617
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This modern quadplex occupies 2.005 acres and includes approximately 3,000 square feet of property improvements. The grounds include a porch, patio, driveway, garage, storage, and an outdoor kitchen area. Interior features include built-in elements, carpet, laminate, and tile flooring, while the property is equipped with a gas range, refrigerator, microwave, and dishwasher.
Built in 1989, the property has frame construction, a shingle roof, wall-furnace heating, evaporative cooling, propane service, and public water. The address is 1010 Wamego in Yucca Valley, California. Multiple bathrooms and bedrooms are identified in the property records, along with a laundry room and exercise room.
Built in 1989, the property has frame construction, a shingle roof, wall-furnace heating, evaporative cooling, propane service, and public water. The address is 1010 Wamego in Yucca Valley, California. Multiple bathrooms and bedrooms are identified in the property records, along with a laundry room and exercise room.
Key Highlights
- 2.005‑acre multifamily property in Yucca Valley, CA
- Approximately 3,000 square feet of improvements
- Porch, patio, driveway, and garage included
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$30,593
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.37%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$611,860
$611.9K
Cap Rate 7%
$437,043
$437.0K
Cap Rate 9%
$339,922
$339.9K
Market Conditions
NOI Build-Up for 3,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$46.4K $15.48/SF
− Vacancy
−$2.7K −$0.91/SF
EGI
$43.7K $14.57/SF
− OpEx
−$13.1K −$4.37/SF
NOI
$30.6K $10.20/SF
Area
San Bernardino County, CA
Vacancy
5.89%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$611,860
Cap Rate 7%
$437,043
Cap Rate 9%
$339,922
Alternative Uses
Best Use
Multifamily LT 5
$437.0K
$382.4K – $509.9K
NOI $30,593 @ 7.0% cap · market cap 5.37%
Second Best
Apartment 5plus
$379.4K
$332.0K – $442.7K
NOI $26,559 @ 7.0% cap · market cap 4.66%
Theoretical Best
Office A
$632.8K
$553.7K – $738.3K
NOI $44,296 @ 7.0% cap · market cap 7.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
34
Businesses Nearby
Explore this area
Business Placement
Demographics for 92284, CA
25,931
Population
12,255
Households
2.1
Avg Household Size
44
Median Age
21%
College-Educated
89%
High-School Grad
127.5 sq mi
ZIP Area
203
Density / Sq Mi
$52,886
Median Household Income
$36,817
Median Earnings
$1,346
Median Rent
$314,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Modern multifamily property with landscaped grounds, covered outdoor areas, and storage features.
Where is this quadplex located?
The property is located at 1010 Wamego Yucca Valley, CA.
What is the asking price?
The asking price for this property is $569,900.
What are key features of this property?
This property features: 2.005‑acre multifamily property in Yucca Valley, CA; Approximately 3,000 square feet of improvements; Porch, patio, driveway, and garage included
