7242 Olympic Road

Joshua Tree, CA 92252

  • 0 Bed(s)
  • 0 Bath(s)
  • 3,800 Sqft
  • 19657
    Sqft(Lot)
$862,500

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 6.46%, with a pro forma grm of 10.89, while the current cap rate stands at 4.86%. (7264 olympic road apn: 0601-441-14)

  • Property Type

    Residential Income

  • County

    San Bernardino

  • Style

    Residential Income

  • AD ID

    48449921

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Septic Tank

  • Building Information

    • Year Built: 1991
    • Building Area Total: 3,800

    Pool Features

    • None

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.4513
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 19657

  • Listing Price Information

    • Original List Price: 862,500
    • Listing Contract Date: 2024-12-10

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 0601441130000

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: DC626 - Outlying North/Sunfair Heights
    • Postal Code Plus 4: 2786
    • Directions: Please refer to maps.
    • Source Property Type: Residential Income
    • Area: DC626 - Outlying North/Sunfair Heights
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 34
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Appraiser
    • Entry Level: 1
    • Entry Location: Floor
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 02/22/2025 @ 12:10

  • MLS: IV25019322
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 3,800 sqft, 19,657 sized lot, and 4 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 Joshua Tree , in zip code 92252, this San Bernardino County Home are nearby neighborhoods.