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Listed by Douglas McCauley • MARCUS & MILLICHAP
$ 4,900,000
Est. payment /mo
Active
13537 5th Yucaipa, CA 92399
13,232 SqFt
UPDATED:
01/31/2025 01:35 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 13,232 sqft
Price per Sqft $370
MLS Listing ID CRCV25022496
HOA Y/N No
Originating Board Datashare California Regional
Year Built 2024
Lot Size 0.910 Acres
Property Sub-Type Other
Property Description
We are proud to exclusively present the opportunity to acquire Elowyn Estates, a premier retirement community situated at 13537 5th Street in Yucaipa, California. Completed in December 2024, this newly constructed 16-unit multifamily investment property is positioned on two adjacent parcels totaling 0.91 acres (39,720 square feet). The property consists of eight single-story duplexes, encompassing a total building area of 13,232 square feet. Elowyn Estates is designed as a senior 55+ community and offers a well-balanced unit mix, featuring eight one-bedroom/one-bathroom units and eight two-bedroom/two-bathroom units. Each residence is equipped with a range of modern amenities, including central air conditioning, in-unit washer/dryer hookups, a private patio, and assigned open parking. Interior finishes are highlighted by quartz countertops, carpet and vinyl flooring, recessed lighting, and brand-new appliances. The property also boasts sustainable landscaping and fully owned solar panels installed on all pitched roofs, ensuring renewable energy at no additional cost. All units are individually metered for gas and electricity, and feature individual hot water heaters. Given the property’s status as a new development, there is a significant opportunity to adjust rental rates in l
Location
State CA
County San Bernardino
Interior
Fireplace No
Laundry Laundry Room
Building
Lot Description Other
Water Public
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