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 line with current market trends, offering the potential for enhanced cash flow.
elowyn estates benefits from an ideal location, situated less than one mile east of the interstate 10 freeway, providing convenient access to the inland empire and the palm desert. set in a quiet, suburban neighborhood, the property is surrounded by single-family homes and local parks, while also being a short drive from essential services such as stater bros. market, tropicana supermarket, and dollar general. residents can enjoy nearby i street park, which features softball fields, tennis courts, basketball courts, cabanas, and playgrounds. additionally, the scherer community center, located just 2.5 miles from the property, offers a wide array of senior programs, including exercise classes, group activities, and nutritional services.
Property Type
Residential IncomeCounty
San BernardinoStyle
Residential IncomeAD ID
48468396
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Property Details
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Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
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Exterior Features
Building Information
- Year Built: 2024
- Building Area Total: 13,232
Pool Features
- None
Laundry Features
- Laundry Room
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.91
- Lot Size Source: Other
- Lot Size Square Feet: 39639.6
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Listing Information
Listing Price Information
- Original List Price: 4,900,000
- Listing Contract Date: 2025-01-30
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 0319233580000
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 269 - Yucaipa/Calimesa/Oak Glen
- Directions: East on County Line Rd exit from I-10, Left on 5th St
- Source Property Type: Residential Income
- Area: 269 - Yucaipa/Calimesa/Oak Glen
- Property SubType: Mixed Use
Building and Construction
- Property Age: 1
- Common Walls: 1 Common Wall
- Structure Type: Mixed Use
- Year Built Source: Other
- Entry Level: 1
- Entry Location: Front
- Property Attached: Yes
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BuyOwner last updated this listing 02/05/2025 @ 06:58
- MLS: CV25022496
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 13,232 sqft, 39,640 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Yucaipa , in zip code 92399, this San Bernardino County Home are nearby neighborhoods.