7595 Kickapoo Trail

25
Baths
15,584 Sq. Ft.
$102 / Sq. Ft.
15,584
Sq. Ft.
$102
per Sq. Ft.

Description

Property Highlights; 6 Units Completely Renovated.• The Improvements Include: New Appliances, Paint, Flooring, Fixtures, and A/C units. Offering Actual CAP Rate of 6.30 %, ProForma CAP Rate of 7.80 % •ProForma CAP Rate Based on Increasing Rents to Current Market Rental Rates., Offering Actual GRM of 10.34, With a ProForma GRM of 8.72, $200,000+ in Capital Improvements Completed Between 2017-2018. •The Improvements Include: New Roofing, HVAC Systems, Garage Door Replacements, Septic Tank, 6 Units...Property Highlights; 6 Units Completely Renovated.• The Improvements Include: New Appliances, Paint, Flooring, Fixtures, and A/C units. Offering Actual CAP Rate of 6.30 %, ProForma CAP Rate of 7.80 % •ProForma CAP Rate Based on Increasing Rents to Current Market Rental Rates., Offering Actual GRM of 10.34, With a ProForma GRM of 8.72, $200,000+ in Capital Improvements Completed Between 2017-2018. •The Improvements Include: New Roofing, HVAC Systems, Garage Door Replacements, Septic Tank, 6 Units Fully Rehabilitated, New Plumbing & Electrical Fixtures as Necessary. Occupied With Long Term Tenants, Conservative 7% -10% Upside in Potential Rental Income. Rental Comparables Illustrate a 98 % Occupancy Area. •Rental Survey Completed 07/03/2018, Pride Of Ownership, Absolute Turn Key, Financeable Asset. The Chelsey Court Apartment community is a true pride of ownership property, owned and operated by the same owner. Located on a large 1.25 acre lot. The property is composed of twelve 3-bedroom 2-bathroom units (1,240 sq. ft.) and one 1-bedroom 1-bathroom (700 sq. ft.). All units include: central air and heating, washer and dryer hook-ups, walk-in closets, and 1-2 car garages. The owner has invested over $200k in capital expenditures that include: a new roof, garage doors, septic tank, plumbing, new fixtures, A/C units, toilets, new appliances, and 5 completely renovated units. This asset is situated near Joshua Tree National park.
  1. Listed by ALBERT LE • DRE #01468313 • Brokerage DRE #01923766 • LE INVESTMENT GROUP

Property Details for 7595 Kickapoo Trail

Parking Spaces Total
26
Private Pool
No
Cooling Type
Central Air
Total Units
13.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
15584
Assessor Parcel Number
0586-171-19-0000
LISTING UPDATED: 09/20/2019 10:01 AM

Property Details for 7595 Kickapoo Trail

StatusClosed
MLS #IV18197971
Days on Market274
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1988
Lot Size1.25 AC / 54,450 SF
CountySan Bernardino County

Location

Listing Courtesy of LE INVESTMENT GROUP, ALBERT LE, DRE #01468313

Sold By LE INVESTMENT GROUP, ALBERT LE, DRE #01468313

Add your commute

Building Information for 7595 Kickapoo Trail

Stories2Residences-Year Built1988Building Size-Lot Size1.25 AC / 54,450 SF

Payment Calculator

$9,537 per month

30 year fixed, 6.15% Interest

Principal and Interest

$7,725

Property Taxes

$1,812

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7595 Kickapoo Trail

Income / Expense / Tax Details
Income Details
  • Gross Income: $183,000
  • Gross Scheduled Income: $183,000
  • Net Operating Income: $124,422
  • Gross Multiplier: 8.72
  • Cap Rate: 7.8
  • Financing: Cash To Existing Loan
Expense Details
  • Operating Expense: $47,598
  • New Taxes Expense: $17,129
  • Electric Expense: $137
  • Insurance Expense: $1,918
  • Professional Management Expense: $8,573
  • Trash Expense: $2,432
  • Water Sewer Expense: $5,421
  • Total Expenses: $47,598
Tax / Assessment Info
  • Tax Tract Number: 010413
  • Tax Census Tract: 104.13
  • Tax Lot: 19
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community, Inside, See Remarks
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
Exterior Features
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 11-15 Units/Acre, Sprinkler System
  • Number Of Units: 13
  • Land Lease: No
  • Land Lease Type: Fee
  • Sprinklers: Yes
  • Levels: Two
  • Sewer: Conventional Septic
  • Utilities: Natural Gas Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 26
  • Parking: Yes
  • Parking Garage: Assigned, Garage - 2 Car
  • Parking Garage Spaces: 26
  • Carport Spaces: 0
  • Parking Features: Assigned, Garage - Two Door
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $850
  • Unit Type Total Rent: $850
  • Unit Type Pro Forma: 850
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 12
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $14,400
  • Unit Type Pro Forma: 1200
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 13
  • Number Of Separate Gas Meters: 13
  • Number Of Separate Water Meters: 1

Property History for 7595 Kickapoo Trail

DateEvent & SourcePriceAppreciation
Sep 20, 2019

Sold

CLAW #IV18197971MR

$1,585,000
Sep 20, 2019

Sold

CRMLS #IV18197971

$1,585,000
Sep 16, 2019

Sold (Public Record)

Public Record #1335880820

$1,585,000

+11.3% / yr

May 16, 2019

Pending

CRMLS #IV18197971

May 16, 2019

Pending

CLAW #IV18197971MR

Nov 29, 2018

Price Change

CRMLS #IV18197971

$1,595,000
Aug 15, 2018

Listed (Active)

CLAW #IV18197971MR

$1,600,000
Aug 15, 2018

Listed (Active)

CRMLS #IV18197971

$1,600,000
Aug 21, 2017

Sold

SDMLS #PW17028387

$1,260,000
Aug 21, 2017

Sold

CRMLS #PW17028387

$1,260,000
Aug 21, 2017

Sold

CLAW #PW17028387MR

$1,260,000
Jul 26, 2017

Sold (Public Record)

Public Record #1267849546

$1,260,000
Jul 26, 2017

Sold (Public Record)

Public Record #603717372

$1,260,000

-0.2% / yr

Jul 19, 2017

Pending

CLAW #PW17028387MR

Jul 19, 2017

Pending

CRMLS #PW17028387

Feb 14, 2017

Listed (Active)

CLAW #PW17028387MR

$1,495,000
Feb 14, 2017

Listed (Active)

CRMLS #PW17028387

$1,495,000
Feb 14, 2017

Listed (Active)

SDMLS #PW17028387

$1,495,000
Jan 24, 2017

Withdrawn / Cancelled

CLAW #PW16078816MR

Jan 24, 2017

Withdrawn / Cancelled

CRMLS #PW16078816

$1,495,000
Jan 24, 2017

Withdrawn / Cancelled

SDMLS #PW16078816

Nov 23, 2016

Price Change

CRMLS #PW16078816

$1,595,000
Jul 23, 2016

Price Change

CRMLS #PW16078816

$1,650,000
Apr 15, 2016

Withdrawn / Cancelled

CLAW #PW16075094MR

Apr 15, 2016

Listed (Active)

CLAW #PW16078816MR

$1,750,000
Apr 15, 2016

Withdrawn / Cancelled

CRMLS #PW16075094

$1,750,000
Apr 15, 2016

Listed (Active)

SDMLS #PW16078816

$1,750,000
Apr 15, 2016

Listed (Active)

CRMLS #PW16078816

$1,750,000
Apr 15, 2016

Withdrawn / Cancelled

SDMLS #PW16075094

Apr 15, 2016

Withdrawn / Cancelled

CRMLS #PW16075094

$1,750,000
Apr 11, 2016

Listed (Active)

SDMLS #PW16075094

$1,750,000
Apr 11, 2016

Listed (Active)

CRMLS #PW16075094

$1,750,000
Apr 11, 2016

Listed (Active)

CLAW #PW16075094MR

$1,750,000
Apr 11, 2016

Listed (Active)

CRMLS #PW16075094

$1,750,000
Apr 2, 2014

Expired

CRMLS #CC224010

Feb 16, 2011

Expired

CRMLS #P692306

$1,750,000
Feb 16, 2011

Expired

CLAW #P692306MR

Jun 22, 2009

Listed (Active)

CLAW #P692306MR

$1,950,000
Jun 22, 2009

Listed (Active)

CRMLS #CC224010

$1,750,000
Jun 22, 2009

Listed (Active)

CRMLS #P692306

$1,950,000
Oct 20, 2004

Sold (Public Record)

Public Record #650128554

$1,300,000
Oct 20, 2004

Sold (Public Record)

Public Record #150128554

$1,300,000
DateEvent & SourcePrice
09/20/2019

Sold

CLAW #IV18197971MR

$1,585,000
09/20/2019

Sold

CRMLS #IV18197971

$1,585,000
09/16/2019

Sold (Public Record)

Public Record #1335880820

$1,585,000

+11.3% / yr

05/16/2019

Pending

CRMLS #IV18197971

05/16/2019

Pending

CLAW #IV18197971MR

11/29/2018

Price Change

CRMLS #IV18197971

$1,595,000
08/15/2018

Listed (Active)

CLAW #IV18197971MR

$1,600,000
08/15/2018

Listed (Active)

CRMLS #IV18197971

$1,600,000
08/21/2017

Sold

SDMLS #PW17028387

$1,260,000
08/21/2017

Sold

CRMLS #PW17028387

$1,260,000
08/21/2017

Sold

CLAW #PW17028387MR

$1,260,000
07/26/2017

Sold (Public Record)

Public Record #1267849546

$1,260,000
07/26/2017

Sold (Public Record)

Public Record #603717372

$1,260,000

-0.2% / yr

07/19/2017

Pending

CLAW #PW17028387MR

07/19/2017

Pending

CRMLS #PW17028387

02/14/2017

Listed (Active)

CLAW #PW17028387MR

$1,495,000
02/14/2017

Listed (Active)

CRMLS #PW17028387

$1,495,000
02/14/2017

Listed (Active)

SDMLS #PW17028387

$1,495,000
01/24/2017

Withdrawn / Cancelled

CLAW #PW16078816MR

01/24/2017

Withdrawn / Cancelled

CRMLS #PW16078816

$1,495,000
01/24/2017

Withdrawn / Cancelled

SDMLS #PW16078816

11/23/2016

Price Change

CRMLS #PW16078816

$1,595,000
07/23/2016

Price Change

CRMLS #PW16078816

$1,650,000
04/15/2016

Withdrawn / Cancelled

CLAW #PW16075094MR

04/15/2016

Listed (Active)

CLAW #PW16078816MR

$1,750,000
04/15/2016

Withdrawn / Cancelled

CRMLS #PW16075094

$1,750,000
04/15/2016

Listed (Active)

SDMLS #PW16078816

$1,750,000
04/15/2016

Listed (Active)

CRMLS #PW16078816

$1,750,000
04/15/2016

Withdrawn / Cancelled

SDMLS #PW16075094

04/15/2016

Withdrawn / Cancelled

CRMLS #PW16075094

$1,750,000
04/11/2016

Listed (Active)

SDMLS #PW16075094

$1,750,000
04/11/2016

Listed (Active)

CRMLS #PW16075094

$1,750,000
04/11/2016

Listed (Active)

CLAW #PW16075094MR

$1,750,000
04/11/2016

Listed (Active)

CRMLS #PW16075094

$1,750,000
04/02/2014

Expired

CRMLS #CC224010

02/16/2011

Expired

CRMLS #P692306

$1,750,000
02/16/2011

Expired

CLAW #P692306MR

06/22/2009

Listed (Active)

CLAW #P692306MR

$1,950,000
06/22/2009

Listed (Active)

CRMLS #CC224010

$1,750,000
06/22/2009

Listed (Active)

CRMLS #P692306

$1,950,000
10/20/2004

Sold (Public Record)

Public Record #650128554

$1,300,000
10/20/2004

Sold (Public Record)

Public Record #150128554

$1,300,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7595 Kickapoo Trail

Taxable ValueLand$103,896Additions$1,629,533Total$1,733,429
Tax Record2025$21,744 ($1,812 / month)
Home Facts
Total Finished SqFt15,584 SqFtAbove Grade Finished SqFt15,584 SqFtLot Size54,450 SqFtStyleMulti-Family Res (5+ Units)Year Built1988CountySAN BERNARDINOAPN0586-171-19-0000

Schools near 7595 Kickapoo Trail

This home is within Morongo Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Yucca Valley Elementary School
PublicK to 6

La Contenta Middle School
Public7 to 8

Yucca Valley High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LE INVESTMENT GROUP, ALBERT LE, DRE #01468313

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.