83298 Argus AVE, Trona, CA 93562 – SW25275724 - Jason Born

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Jason Born

jason@bornre.com +1(650) 918-7048

$750,000

Est. payment - /mo

2 Sqft Lot

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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID SW25275724

HOA Y/N No

Year Built 1948

Lot Size 2 Sqft

Property Sub-Type Multi Family

Property Description

36 unit apartment 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. EACH UNIT IS 550 SQFT. 1 BED 1 BATH

Location

State CA

County San Bernardino

Area Trna - Trona

Zoning Apartment Houses

Interior

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Common Area, See Remarks

Exterior

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected

Present Use Multi-Family

Building

Lot Description 2-5 Units/Acre

Story 1

Water Public

Others

Tax ID 0485205010000

Acceptable Financing Cash, Conventional, 1031 Exchange, Owner May Carry, Private Financing Available

Listing Terms Cash, Conventional, 1031 Exchange, Owner May Carry, Private Financing Available

Special Listing Condition Standard

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Listed by Gilberto Garcia Rise Realty 951-581-1118

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Jason Born

Broker | License ID: 02002900

+1(650) 918-7048

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83298 Argus AVE Trona, CA 93562

Jason Born

Key Details

Location

Interior

Exterior

Building

Others

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83298 Argus AVE