13340 California StYucaipa, CA 92399

Property Details for 13340 California St

Year built

2000

Construction

WOOD FRAME

Lot size

0.48 AC

Property size (Sq ft)

3,300 SF

Property type

Office properties

Property subtype

Other office properties

APN

0319-212-08-0000

APU

319212080000

Description

This exceptional commercial property, situated at 13340 California Street in Yucaipa, California, presents a lucrative investment opportunity. The building, constructed in 2000 and currently in excellent condition, comprises eight individual units, some detached and some sharing a common wall. All units are presently occupied, generating consistent income. The property includes a versatile upstairs unit, configured as a one-bedroom, one-bathroom apartment complete with a kitchen and living area. The remaining units are single-story. A significant feature is a three-car garage located at the rear of the property, ideally suited for use as a workshop or, subject to city approval, conversion into additional office space. The property boasts ample parking, easily accommodating various work vehicles. Its convenient location offers proximity to the downtown area and numerous shopping centers, enhancing its appeal and accessibility. The lot size is 0.48 acres. The asking price for this fully occupied commercial building is $825,000. Financial information is available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $834,883

  6.5%

  $770,661

  7%

  $715,614

• Comparable approach

  Method

  Valuation

  Relative Method

  $549,924

  Geo Method

  $1,161,501

• Alternative Use

  Use

  Valuation

  Residential

  $955,620

  Hospitality

  $875,343

  Educational

  $728,275

  Medical

  $753,321

  Retail

  $1,132,872

Location Insight

City

Yucaipa

County

San Bernardino

State

California

Latitude

34.0113

Longitude

-117.039

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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