7467 Bannock Trail, Yucca Valley, CA 92284

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List Price
$1,110,000
Status
ACTIVE
MLS#
IV26210446
Year Built
1986
Lot Size
19,000
Acres
0.44
Lot Location
6-10 Units/Acre
Days on Market
22
Property Type
Multifamily
Property Sub Type
Apartment
Stories
One Level

Property Description

Turn-key, 100% occupied 6-unit investment gem on scenic Bannock Trail in Yucca Valley! Built in 1986 (free from pre-1978 lead/asbestos liabilities), this premium asset features a uniform mix of all 2BR/1BA units, each boasting an attached 1-car garage with updated doors. Enjoy zero deferred maintenance: brand-new roofs with warranties across all three buildings, 4 of 6 newer rooftop swamp coolers, and fully connected to the municipal sewer. Inside, 100% of the units are fully rehabbed with modern flooring and fresh paint. Tenants love the newly installed, secure commercial mailbox system—a rare and highly coveted amenity for local apartments. Operationally seamless, the asset is professionally broker-managed with clean, CAR-compliant leases and mandatory renters insurance. All utilities (water, gas, electric) are individually metered and paid by tenants, keeping annual owner expenses exceptionally low. The Numbers (Effective Nov 26, 2026): • Gross Monthly Rent: $8,550 • Actual GSI: $102,600 | NOI: $64,226 • Entry Cap Rate: 5.79% | GRM: 10.82 • Pro Forma Upside: $120,000 GSI ($1,666/unit market rent) for a future 7.28% Cap Rate! Buyers are welcome to conduct full inspections for ultimate peace of mind. Buyer/agent to verify all information, including square footage, utilities, permits, and financials. Deemed reliable but not guaranteed.

Additional Information

Appliances
Dishwasher, Gas Range
Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Evaporative Cooling
View
Desert
Roof
Shingle
Garage Spaces Total
6
Sewer
Public Sewer
Water
Public
Interior Features
Balcony, All Bedrooms Down
Attached Structure
Attached
Number Of Units Total
6
Gross Scheduled Income
$102,600
Operating Expense
33244

Listing courtesy of Listing Agent: HENRY CHUANG (henrychuangbroker@gmail.com) from Listing Office: HENRY CHUANG, BROKER.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.