12255 3rd Street

Yucaipa, CA 92399

$650,000

Sold Price
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straighten $55 / sqft

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Property Description

Amazing development opportunity for investors or developers to build a 3 story multifamily complex on a vacant parcel in the heart of the beautiful city of Yucaipa. Shovel ready approved project that includes ready to issue (RTI) grading, building (architectural, structural, mechanical, electrical, and plumbing), landscaping, and solar permits for 13 units designated for senior housing condos that can be sold or rented. Total living area is approximately 11,907 square feet on a .77 acre parcel. Construction can start immediately with no issues to relocate existing tenants or demolition of any kind. The project features 13 extra large (900+ sq. ft) units with one bedroom, den/office, bathroom, laundry room, kitchen, living/dining area, and patio. The project features two rooftop decks, park like landscaping, and plenty of covered parking. One of a kind! Don't miss!

Listing Information

Close Price $650,000
Close Date Thursday, December 7th, 2023
Status Closed
MLS IV22260385
Type Commercial
Subtype Multi Family
Lot Size N/A
Structure Size N/A
DOM 328
Courtesy Of CENTRAL PACIFIC PROPERTIES
Listing Agent YACOUB FARSAKH DRE#01825139

Interior Features

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Exterior Information

Maps

Listing information courtesy of: YACOUB FARSAKH, CENTRAL PACIFIC PROPERTIES . *Based on information from the Association of REALTORS/Multiple Listing as of Dec 11th, 2023 at 8:56 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.