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Listed by Gilberto Garcia • Rise Realty
$ 750,000
Est. payment /mo
New
83298 Argus Avenue Trona, CA 93562
36 Beds
36 Baths
21,660 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 21,660 sqft
Price per Sqft $34
MLS Listing ID SW-26001378
Bedrooms 36
Full Baths 24
Half Baths 4
Three Quarter Bath 4
Year Built 1948
Lot Size 2.980 Acres
Property Sub-Type Commercial/Residential
Source California Regional Multiple Listing Service (CRMLS)
Property Description
(36 units /36Beds/36Baths/Each Unit is 500sqft 1B1B) Multi-family commercial/residential complex for sale located at 83298 Argus Ave in Trona California offering a rare large scale investment opportunity. The property consists of four separate apartment buildings with an equal number of units in each all configured as one bedroom one bathroom units totaling approximately 22000 square feet of living area on an expansive three acre lot. Utilities including gas water and electric are present and the property features separate laundry room structures. Two of the four buildings have recently received new roofs and one unit in the first building has been fully completed while the remaining units are ready for renovation. The entire complex is currently vacant and offers significant upside potential with projected rents of 800 to 900 per unit upon completion as Trona continues to grow and much of the surrounding real estate is being actively rehabilitated creating strong future demand and long term upside.
Location
State CA
County San Bernardino
Area Trna - Trona
Interior
Cooling Wall/Window Unit(s)
Fireplaces Type None
Laundry See Remarks, Common Area, Community, Outside, Washer Hookup
Exterior
Pool None
Community Features Rural
View Y/N Yes
View Desert, Mountain(s)
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer