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61947 Plaza Road

Joshua Tree, CA 92252
  • $524,900
  • STATUS: Active
  • ON SITE: 238 Days
  • MLS #: PW24071654
UPDATED: 58 min ago
$524,900
  • 0
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1988
County:

School Ratings & Info

Listing Agent(s): Reza Khalvati of Realty One Group West (714-274-2720)


Description

*** PRICED FOR A QUICK SALE *** Current Gross Annual Income = $41,280; Pro Forma = $55,740. Last purchased for $650,000, Seller has now authorized a sale price of only $524,900 to cover his loan balance and closing costs. Seller's (tremendous) loss is buyer's (enormous) gain. SERIOUS BUYERS ONLY WITH SOLID FINANCIALS AND ABILITY FOR A QUICK CLOSE. Large triplex comprised of one fully detached SFR-style unit with wraparound yard, and two sharing only one garage wall. Each 945sf unit has 2 bedrooms (one Primary), 2 full baths (one Primary), an attached 1-car garage with laundry area and direct home access, a cozy backyard with covered patio, and premium Evaporative Cooling. Unit B is fully furnished and leased at a premium rate of $1,695 per month. Separate gas and electrical meters. Located in premium Village area - walking distance to the iconic Park Blvd and downtown activities. PROFESSIONALLY MANAGED AND METICULOUSLY MAINTAINED by a top-tier property management company. Identical, facing triplex (61959 Plaza Rd) also for sale at the same price. Both Triplexes comprise a substantial and comprehensive 6-UNIT COMPLEX generating over $86,544 annually, with Pro Forma of $108,540. Fully fenced and beautifully landscaped with lush Oleanders. *** LAST CHANCE ***

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-14T14:26:37.907. 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 deemed reliable but is not guaranteed accurate by the MLS or Brad Schmett Real Estate Group. Licensed in the State of California, USA.
www.bradschmett.net/homes/149402283
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61947 Plaza Road Joshua Tree, CA 92252

  • Price: $524,900
  • Status: Active
  • On Site: 238 Days
  • Updated: 58 min ago
  • MLS #: PW24071654
0
Beds
0
Baths
0
½ Baths
0.29
Acres
1988
Built
Neighborhood:
DC612 - Joshua Tree Village
County:
San Bernardino
Area:
DC612 - Joshua Tree Village
Property Description
*** PRICED FOR A QUICK SALE *** Current Gross Annual Income = $41,280; Pro Forma = $55,740. Last purchased for $650,000, Seller has now authorized a sale price of only $524,900 to cover his loan balance and closing costs. Seller's (tremendous) loss is buyer's (enormous) gain. SERIOUS BUYERS ONLY WITH SOLID FINANCIALS AND ABILITY FOR A QUICK CLOSE. Large triplex comprised of one fully detached SFR-style unit with wraparound yard, and two sharing only one garage wall. Each 945sf unit has 2 bedrooms (one Primary), 2 full baths (one Primary), an attached 1-car garage with laundry area and direct home access, a cozy backyard with covered patio, and premium Evaporative Cooling. Unit B is fully furnished and leased at a premium rate of $1,695 per month. Separate gas and electrical meters. Located in premium Village area - walking distance to the iconic Park Blvd and downtown activities. PROFESSIONALLY MANAGED AND METICULOUSLY MAINTAINED by a top-tier property management company. Identical, facing triplex (61959 Plaza Rd) also for sale at the same price. Both Triplexes comprise a substantial and comprehensive 6-UNIT COMPLEX generating over $86,544 annually, with Pro Forma of $108,540. Fully fenced and beautifully landscaped with lush Oleanders. *** LAST CHANCE ***
Exterior Features

Architectural Style Ranch Construction Materials Stucco Entry Level 1 Entry Location 1 Exterior Features Awning(s) Fencing Excellent Condition Lot Features Level Number Of Separate Electric Meters 3 Open Parking Spaces 3 Parking Features ConcreteDirect AccessDoor-SingleGarageOn SiteOne Space Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Shingle Spa Features None Spa YN No View DesertHillsMountain(s)NeighborhoodRocksTrees/Woods View YN Yes

Interior Features

Accessibility Features No Stairs Appliances Gas RangeRefrigeratorWater Heater Common Walls 1 Common WallEnd Unit Cooling Evaporative Cooling Cooling YN Yes Fireplace Features None Fireplace YN No Flooring CarpetLaminateTile Heating Wall Furnace Heating YN Yes Interior Features Ceiling Fan(s)Laminate CountersAll Bedrooms Down

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features BikingHikingNear National ForestParkRural Contingency none Current Financing Conventional Electric Standard Electric Expense 1200 Fuel Expense 600 Garage YN Yes Gross Income 41280 Gross Scheduled Income 41280 Insurance Expense 1900 Land Lease YN No Laundry Features In Garage Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 ExchangeFHASubmit Net Operating Income 28952 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 12328 Other Expense 1800 Possession Close Of Escrow Property Condition Turnkey Property Sub Type Triplex Rent Control YN No Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Senior Community YN No Sewer Septic Tank Special Listing Conditions Notice Of Default Tenant Pays All Utilities Total Actual Rent 3440 Trash Expense 900 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected Water Sewer Expense 1800 Water Source Public Zoning JT/RM



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-14T14:26:37.907. 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 deemed reliable but is not guaranteed accurate by the MLS or Brad Schmett Real Estate Group. Licensed in the State of California, USA.
 
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Brad Schmett Real Estate Group
78010 Main St. Suite 207
La Quinta CA, 92253
Listing Agent(s): Reza Khalvati of Realty One Group West (714-274-2720)