11
See all 11 photos
$862,500
Est. payment /mo
0.45 Acres Lot
Active
7264 Olympic RD Joshua Tree, CA 92252
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UPDATED:
01/27/2025 07:57 PM
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRIV25019338
Originating Board California Regional MLS
Year Built 1991
Lot Size 0.452 Acres
Property Sub-Type Fourplex
Property Description
FIRST TIME EVER ON THE MARKET! The Olympic Village Apartments consist of a two-property portfolio with a total of eight (8) units, located side by side at 7242-7264 Olympic Road, Joshua Tree, CA 92252. These properties are being offered together for $1,725,000 or individually at $862,500 each. Each unit features a two-bedroom, one-bathroom layout. Built in 1991, the properties sit on a combined 0.903 acres of land and demonstrate a clear pride of ownership, with well-maintained grounds and units. The Pro Forma CAP Rate is 6.46%, with a Pro Forma GRM of 10.89, while the current CAP Rate stands at 4.86%. (7264 Olympic Road APN: 0601-441-14)
Location
State CA
County San Bernardino
Area Dc626 - Outlying North/Sunfair Heights
Interior
Laundry Laundry Area
Exterior
Garage Spaces 4.0
Pool None
Building
Sewer Septic Tank / Pump
Water District - Public
Others
Tax ID 0601441140000
Special Listing Condition Not Applicable
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Listed by ALBERT LE • LE INVESTMENT GROUP