7467 Bannock Trail, Yucca Valley, CA, 92284

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$1,110,000
14 Days On Site

7467 Bannock Trail
Yucca Valley, CA 92284

For Sale|Apartment|Active
0
Beds
0
Total Baths
4,716
SqFt
$235
/SqFt
1986
Built
County:
San Bernardino
Listed by HENRY CHUANG of HENRY CHUANG, BROKER henrychuangbroker@gmail.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
7467 Bannock Trail7467 Bannock Trail7467 Bannock Trail7467 Bannock Trail
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Turn-key, 100% occupied 6-unit investment property on scenic Bannock Trail in Yucca Valley. Built in 1986, this premium asset is free from pre-1978 lead or asbestos liabilities. The property features a uniform mix of all 2-bedroom, 1-bathroom units, each equipped with an attached 1-car garage and updated garage doors. Major property upgrades are already complete, including brand-new roofs on all three buildings with contractor warranties. Four of the six units feature updated rooftop swamp coolers installed within the last three years. The property is fully connected to the city municipal sewer system, completely eliminating the old septic system. Inside, 100% of the units have been completely rehabbed with modern flooring and fresh paint. A newly installed, secure, locked commercial mailbox system provides tenants with modern convenience and peace of mind—a highly coveted and rare amenity for apartment assets in the local Yucca Valley market. Operationally, the asset is professionally broker-managed using clean, CAR-compliant leasing forms and requires mandatory tenant renters insurance. All utilities—including water, gas, and electricity—are individually metered and paid by the tenants, keeping annual owner expenses exceptionally lean at $33,244. The scheduled gross monthly rent roll increases to $8,550 on November 26, 2026, bringing the actual Gross Scheduled Income (GSI) to $102,600, with a Net Operating Income (NOI) of $64,226, an entry cap rate of 5.79%, and a 10.82 GRM. There is also tremendous pro forma upside to reach a $120,000 GSI based on target market rents of $1,666 per unit, yielding a future 7.28% cap rate. To ensure privacy and comfort for the long-term tenants, please view the property from the street initially. Interior viewings will be gladly arranged promptly upon an accepted offer and verified Earnest Money Deposit (EMD). With all major systems already upgraded, the property is priced realistically for an as-is sale. Buyers are welcome to conduct full inspections for peace of mind. Buyer and buyer's agent are advised to verify all information, including square footage, utility metering, permits, sewer connections, and financial projections. All information is deemed reliable but not guaranteed.

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Listing Snapshot
Price 
$1,110,000
Days On Site 
14 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,716 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.4362 Acres
Year Built 
1986
MLS® Number 
IV26210446
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing first seen on site
2 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.4362
Garage 
Yes
Garage Spaces 
6
Land Lease 
No
Levels 
One
Number Of Stories 
1
Parking Spaces 
6
Property Condition 
Updated/Remodeled
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
4716
Water Source 
Public
Interior Features
Appliances 
DishwasherGas Range
Cooling 
Evaporative Cooling
Fireplace Features 
None
Flooring 
CarpetLaminateTile
Heating 
Wall Furnace
Laundry Features 
Washer Hookup
Bedroom 
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Exterior Features
Exterior 
Balcony
Pool Features 
None
Roof 
Shingle
Spa Features 
None
View 
Desert
Waterview 
Desert
Community Features
MLS Area 
DC571 - Yucca Mesa
Financing Terms Available 
Cash
Building Access 
front
Roads 
Paved


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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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