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Listed by Gilberto Garcia • Rise Realty
$750,000
Est. payment /mo
21,660 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 21,660 sqft
Price per Sqft $34
MLS Listing ID CRSW25275724
HOA Y/N No
Year Built 1948
Lot Size 2.980 Acres
Property Sub-Type Comm Ind For Sale
Source Datashare California Regional
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
Interior
Cooling Window Unit(s)
Fireplace No
Building
Water Public
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