Homes for sale - 7242 Olympic RD, Joshua Tree, CA 92252

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JLee Broker

[email protected] +1(650) 857-1000

Listed by ALBERT LE • LE INVESTMENT GROUP

$1,725,000

Est. payment - /mo

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Key Details

Property Type Multi-Family, Commercial

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRIV25019322

Originating Board California Regional MLS

Year Built 1991

Property Sub-Type Fourplex

Property Description

FIRST TIME EVER ON THE MARKET! The Olympic Village Apartments consist of a two-property portfolio with a total of eight (8) units, located side by side at 7242-7264 Olympic Road, Joshua Tree, CA 92252. These properties are being offered together for $1,725,000 or individually at $862,500 each. Each unit features a two-bedroom, one-bathroom layout. Built in 1991, the properties sit on a combined 0.903 acres of land and demonstrate a clear pride of ownership, with well-maintained grounds and units. The Pro Forma CAP Rate is 6.97%, with a Pro Forma GRM of 10.27, while the current CAP Rate stands at 5.02%.

Location

State CA

County San Bernardino

Area Dc626 - Outlying North/Sunfair Heights

Interior

Laundry Laundry Area

Exterior

Garage Spaces 8.0

Pool None

Building

Sewer Septic Tank / Pump

Water District - Public

Others

Tax ID 0601441130000

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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7242 Olympic RD Joshua Tree, CA 92252

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

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