34562 Wildwood Canyon RdYucaipa, CA 92399

Property Details for 34562 Wildwood Canyon Rd

Year built

1930

Lot size

0.69 AC

Property size (Sq ft)

1,058 SF

Property type

Investment properties

Property subtype

Multifamily properties

Description

This exceptional Yucaipa, CA investment opportunity presents a 0.69-acre lot zoned RM-72C, featuring a fully remodeled 1,058 sq ft, 2-bed, 2-bath cottage currently leased month-to-month. Approved plans are in place for an additional five units, significantly increasing the property's potential rental income. The existing cottage boasts recent (2022) renovations. The approved expansion includes three 900 sq ft units, each with a 400 sq ft detached garage, and two 749 sq ft, 1-bed, 1-bath apartments, each with assigned parking. Pre-development work is complete, including grading permits, structural, soils, civil/bio studies, and survey construction staking. All architectural plans and predevelopment materials transfer to the new owner. The property is located at 34562 Wildwood Canyon Rd, Yucaipa, CA 92399, in a growing community with a variety of housing options and amenities. The asking price is $680,000, representing a price per square foot of $642.72. Buyer to conduct due diligence to verify project status. This is an ideal build-to-rent opportunity, potentially qualifying for VA financing. The property's single-story building was constructed in 1930. All information provided is believed to be accurate but should be independently verified.

Location Insight

City

Yucaipa

County

San Bernardino

State

California

Latitude

34.0158

Longitude

-117.051

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