
Yucaipa, California 92399
This Prime Investment Opportunity is a modern 2024-built residence listed at $550,000, positioned well below the $562,130 Fair Market Value by 2%. This valuation gap provides $12,130 in Instant Equity. Featuring a Mint Condition Rating, Granite Kitchen, and Paid-Off Solar, the property offers immediate cash flow with a stable tenant at $3,250/month. Located in the Yucaipa/Calimesa Unified district with scenic Mountain Views, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, income-producing property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 34254 Summer Subject 3 bd · 3 ba · 1,617 sqft · $348 | $550,000* List Price | 3 | 3 | 1,617 | $348 | - |
A 34528 Carnation Court Sold 3 bd · 3 ba · 1,860 sqft · $296 · 0.7 mi | $549,990 | 3 | 3 | 1,860 | $296 | 0.7 mi |
B 34531 Carnation Court Sold 4 bd · 3 ba · 2,008 sqft · $294 · 0.7 mi | $589,990 | 4 | 3 | 2,008 | $294 | 0.7 mi |
C 34524 Carnation Court Active 3 bd · 3 ba · 1,860 sqft · $296 · 0.7 mi | $549,990 List Price | 3 | 3 | 1,860 | $296 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2024, this property is in mint condition and meets the criteria for a new construction home. It features modern finishes including granite countertops, shaker cabinetry, stainless steel appliances, and luxury vinyl plank flooring. All major systems, including HVAC, electrical, and the paid-off solar, are brand new and require no maintenance.
Built in 2024, this home features contemporary finishes like luxury vinyl plank flooring and granite countertops, complemented by paid-off solar panels for reduced utility costs.
The property is currently tenant-occupied at $3,250 per month with a history of timely payments, offering immediate cash flow and a proven rental track record for investors.
Unlike many new construction homes that require additional exterior investment, this property features a fully landscaped backyard that is ready for immediate enjoyment.
The existing tenant occupancy may be a deterrent for primary residence buyers who require immediate possession of the home upon closing.
The $180 monthly association fee adds to the fixed carrying costs, which may impact the net ROI for investors or the monthly budget for residential owners.
Welcome to this beautifully maintained home built in 2024, offering 3 bedrooms and 2.5 bathrooms with a modern open-concept floor plan. The main level features luxury vinyl plank flooring throughout, granite countertops, and a functional layout ideal for everyday living and entertaining. The landscaped backyard is already completed and ready to enjoy. Additional value includes PAID-OFF SOLAR. Excellent opportunity for investors! Property is currently tenant occupied at $3,250 per month, providing immediate rental income. Tenant has a history of timely rent payments. Conveniently located in Yucaipa near schools, restaurants, shopping, and easy access to the 10 Freeway. A great opportunity to own a newer, income-producing property with modern finishes and an existing tenant in place.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.4 |
| Baths | 3.0 | 2.8 |
| Square foot | 1,617 | 1,952.748 |
| Lot Size | 4,300 | 10,427.007 |
| Price | $550.0K | $622.4K |
| Price per sq ft | $340 | $335 |
| Built year | 2024 | 1987 |
| HOA | $180.0 | $115 |
| Days on market | 18 | 57 |
Oct 6, 2026
$550,000
Initial Listing
Jul 29, 2024
$509,500
Public Record