34612 Avenue E, Yucaipa, California 92399, Yucaipa, 92399 - bed, bath
ACTIVE$675,000
34612 Avenue E, Yucaipa, California 92399
0Bed
0Bath
2,500Sqft
50,616.719Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strong Income Potential: As a triplex, the property offers multiple revenue streams, making it an attractive investment for generating consistent rental income.
Top Cons:
Advanced Age of Construction: Built in 1941, the property is 83 years old, likely requiring significant updates to plumbing, electrical, HVAC, and general finishes, leading to substantial renovation costs.
Compared to the nearby listings
Price:$675.0K vs avg $812.5K ($-137,500)50%
Size:2,500 sqft vs avg 3,337 sqft50%
Price/sqft:$270 vs avg $24950%
More Insights
Built in 1941 (84 years old).
Condition: Built in 1941, this property is 83 years old with no indication of recent major renovations. The MLS listing explicitly notes 'Advanced Age of Construction' and 'Potential for Deferred Maintenance' as weaknesses. The exterior images show a dated and unkempt appearance, suggesting significant neglect. Without interior photos, it's highly probable that the kitchen, bathrooms, and major systems (plumbing, electrical, HVAC) are original or very outdated, requiring substantial repairs and rehabilitation to meet modern standards and ensure safety/comfort.
Year Built
1941
Close
-
List price
$675K
Original List price
$675K
Price/Sqft
$270
HOA
-
Days on market
-
Sold On
-
MLS number
IG25122230
Home ConditionPoor
Features
Good View:
View-
About this home
Condition Rating
Poor
Built in 1941, this property is 83 years old with no indication of recent major renovations. The MLS listing explicitly notes 'Advanced Age of Construction' and 'Potential for Deferred Maintenance' as weaknesses. The exterior images show a dated and unkempt appearance, suggesting significant neglect. Without interior photos, it's highly probable that the kitchen, bathrooms, and major systems (plumbing, electrical, HVAC) are original or very outdated, requiring substantial repairs and rehabilitation to meet modern standards and ensure safety/comfort.
Pros & Cons
Pros
Strong Income Potential: As a triplex, the property offers multiple revenue streams, making it an attractive investment for generating consistent rental income.
Generous Lot Size: The expansive 50,616.72 sqft lot provides ample space for privacy, potential future development, or enhanced outdoor amenities, adding significant value.
Investment Property Classification: Explicitly listed as 'Residential Income' and 'Triplex' clearly positions it as a dedicated income-generating asset, appealing directly to investors.
Competitive Price Point: At $675,000 for a triplex on a large lot, this property may represent a strong value proposition in the current market, offering a lower entry point for multi-unit ownership.
Established Location: Located in Yucaipa, an established city, suggesting a stable rental market and community infrastructure, which can be beneficial for long-term investment.
Cons
Advanced Age of Construction: Built in 1941, the property is 83 years old, likely requiring significant updates to plumbing, electrical, HVAC, and general finishes, leading to substantial renovation costs.
Potential for Deferred Maintenance: Older multi-unit properties often come with a history of deferred maintenance, which could translate into immediate repair needs and ongoing higher operational expenses.
Lack of Unit-Specific Information: The absence of details regarding individual unit layouts, conditions, or current rental income makes it challenging to accurately assess immediate cash flow potential and required unit-specific upgrades.