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Five Units in Yucca Valley
For Sale
$725,000

7234 Palo Alto Avenue, Yucca Valley, CA 92284

Five units available in Yucca Valley, California.

Property Size4,190 SF
Price / SF$173.03
Days on Market230

Property Features for 7234 Palo Alto Avenue

General Information

Standard status Active
Size 4,190 SF
Total Parking Spaces 10
Property subtype Residential Income / Res Income 2-4 Units
Zoning Public Rec
Net Operating Income $45,596

Building Details

Year Built 1983
Buildings 3
Units 5
Listing Agency: Inspire Real Estate
Listed By: Jessie Howard · License #02129773
Source: Compass
Added: Feb 20 Changed: Oct 8 Last Checked: Oct 7 at 3:30PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Inspire Real Estate

Investment Insights

Based on property information with market context.

This property in Yucca Valley, California, features five units. The property consists of three buildings, each with its own address and designated unit letter. Each unit includes two bedrooms, one bath, storage space, and a dedicated laundry room. HVAC systems are installed in each unit. The units are currently rented under active lease or month-to-month agreements.

Key Highlights

  • Five units available, offering immediate rental income potential.
  • Each unit features two bedrooms and one bathroom.
  • Each unit includes a dedicated laundry room.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,093
Cap Rate
5.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$741,860 $741.9K
Cap Rate 7%
$529,900 $529.9K
Cap Rate 9%
$412,144 $412.1K
Market Conditions
NOI Build-Up for 4,190 SF
Gross rent
$71.9K $17.16/SF
− Vacancy
−$4.5K −$1.06/SF
EGI
$67.4K $16.10/SF
− OpEx
−$30.3K −$7.24/SF
NOI
$37.1K $8.85/SF
Area
San Bernardino County, CA
Vacancy
6.20%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$741,860
Cap Rate 7%
$529,900
Cap Rate 9%
$412,144

Alternative Uses

Best Use
Apartment 5plus
$529.9K
$463.7K – $618.2K (±1% cap)
NOI $37,093 @ 7.0% cap · market cap 5.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$883.8K
$773.3K – $1.03M (±1% cap)
NOI $61,867 @ 7.0% cap · market cap 8.53%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Storage Facility (Bike/Boat/Book/etc) Store Electrical Service Daycare Center Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

682
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Five units available in Yucca Valley, California.
Where is this apartment building located?
The property is located at 7234 Palo Alto Avenue Yucca Valley, CA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Five units available, offering immediate rental income potential.; Each unit features two bedrooms and one bathroom.; Each unit includes a dedicated laundry room.
More about this property
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