Multifamily Property with Laundry
For Sale
Under Contract
$649,000
7772 Jemez Trail, Yucca Valley, CA 92284
MULTI_FAMILY - Spanish - Yucca Valley, CA
Property Size4,185 SF
Lot Size0.68 Acres
Price / SF$155.08
Days on Market153
Property Features for 7772 Jemez Trail
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Bedrooms
10
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 9, Bathroom 3, Bathroom 5, Bathroom 6, Bedroom 4, Bedroom 8, Bedroom 3, Bedroom 2, Bedroom 10, Bathroom 1, Bathroom 4, Bedroom 1, Bedroom 6, Bedroom 7, Bedroom 5, Bathroom 2
Parking
4
Parking features
Assigned, Driveway
Window features
Drapes, Blinds
Fencing
Chain Link
Appliances
Dishwasher, Disposal, Gas Range
Lot features
Level, Level
View
Hills
Elementary school district
Morongo Unified
Middle school district
Morongo Unified
High school district
Morongo Unified
Subdivision
DC530 - Yucca Valley SE (L)
Standard status
Active Under Contract
APN
0586171570000
Size
4,185 SF
Lot size
0.68 Acres
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Natural Gas, Wall Furnace
Cooling system
Wall/Window Unit(s), Window Unit(s)
Amenities
laundry facilities
Building Details
Year built
1988
Floors in Building
1
Number of units
6
Flooring type
Tile, Hardwood, Carpet
Roof type
Tile, Tar/Gravel
Architectural style
Spanish
Listing Agency:
HomeSmart
(760) 844-7500
Listed By:
Bill A Fennessey
(949) 521-4047
Added: Mar 9
Changed: Jul 27
Last Checked: Aug 8 at 9:06AM
MLS# 219144503
Copyright © 2026 California Desert Association of REALTORS®. 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.
Multifamily property featuring five rental units in four structures, including two duplexes and two separate houses. The two duplexes offer two bedrooms and one bath each (four units total), plus one additional one-bedroom, one-bath small house. A fourth small house at the rear of the property is not occupiable. Interiors include full kitchens with appliances, upgraded countertops, and cabinetry, with flooring that includes tile, carpet, and luxury vinyl. The property also features laundry facilities and has seen improvements including newer roofs and updated concrete walkways.
Located in Yucca Valley near Hwy 62, the property sits on a level lot described as 90x300 that goes street to street. The property is referenced as being on the preferred west side of Yucca Valley.
All units are separately metered for utilities. The county use code is Apartment (5–14 units).
Located in Yucca Valley near Hwy 62, the property sits on a level lot described as 90x300 that goes street to street. The property is referenced as being on the preferred west side of Yucca Valley.
All units are separately metered for utilities. The county use code is Apartment (5–14 units).
Key Highlights
- 0.68‑acre level lot (90x300) in Yucca Valley on the preferred West side, going street to street
- 5 rental units across four structures: two duplexes (2BD/1BA each, 4 units) plus a separate 1BD/1BA small house
- Total layout includes 9 bedrooms and 5 bathrooms; additional small house at the rear is not occupiable
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
$37,049
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
5.71%
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%
$740,980
$741.0K
Cap Rate 7%
$529,271
$529.3K
Cap Rate 9%
$411,656
$411.7K
Market Conditions
NOI Build-Up for 4,185 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
$71.8K $17.16/SF
− Vacancy
−$4.5K −$1.06/SF
EGI
$67.4K $16.10/SF
− OpEx
−$30.3K −$7.24/SF
NOI
$37.0K $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 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%
$740,980
Cap Rate 7%
$529,271
Cap Rate 9%
$411,656
Alternative Uses
Best Use
Apartment 5plus
$529.3K
$463.1K – $617.5K
NOI $37,049 @ 7.0% cap · market cap 5.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$882.8K
$772.4K – $1.03M
NOI $61,794 @ 7.0% cap · market cap 9.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
405
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Five rental units across four structures with separate utility metering and on-site laundry facilities.
Where is this apartment building located?
The property is located at 7772 Jemez Trail Yucca Valley, CA.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: 0.68‑acre level lot (90x300) in Yucca Valley on the preferred West side, going street to street; 5 rental units across four structures: two duplexes (2BD/1BA each, 4 units) plus a separate 1BD/1BA small house; Total layout includes 9 bedrooms and 5 bathrooms; additional small house at the rear is not occupiable
