7173 Sage Ave
Yucca Valley, CA 92284

Bd   — Ba   5,280 Sqft
The Sage apartments consists of 8 units, all separately metered for gas and electric. Existing rents are +/- 10%. Value can be added by adjusting rents upward by 10% to market rents, reduce expenses such as house electric to an LED system, reduce water costs by installing low flow systems throughout all units and self manage. Current EXISTING cap rate is 6.36% with a cash on cash (COC) return of 11.86% with principal loan reduction. and PROFORMA cap rate would be 8.36% with an outstanding cash on cash (COC) return of 18.53% with principal loan reduction. Existing gross income is $51,240. Please see attached Supplements.
  • Zipcode: 92284
  • Days on Movoto: 194
  • Year Built: 1965
  • HOA:
  • $/Sqft: $85
  • Lot: 11,049 Sqft
  • Property Type: Single Family
  • MLS#: EV16075150
  • MLS:
  • Listing Office: REGIONCY REAL ESTATE
  • Listing Broker: NATHAN DIONES
  • Movoto last checked CRMLS for new data 3 hours ago
  • CRMLS last updated this listing 1 week ago

Home Features for 7173 Sage Ave , Yucca Valley

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Real Estate Market Statistics of 7173 Sage Avenue , Yucca Valley

Yucca Valley, California

Total Inventory For Sale

201 Homes

-2% m/m +10% y/y

Median List Price


0% m/m +15% y/y

Median Days On Market

95 Days

+2% m/m -11% y/y

Median House Size

1,736 Sqft

0% m/m 0% y/y

Median Price Per Square Foot

$122 /Sqft

+1% m/m +7% y/y

Median Price

7173 Sage Ave in 92284 is currently listed for 450,000. As of today, , this is 105% above the median price of $219,000 for the city of Yucca Valley, CA and 106% above the median of $218,500 for ZIP code 92284. Right now, there are 203 properties for sale in 92284 and 201 properties listed for sale in Yucca Valley. Those 201 properties are made up of 197 single family homes and 4 condos. The square footage of 7173 Sage Ave is approximately 5,280, which is 204% above the median size of 1,736 square feet in Yucca Valley and 205% above the median size of 1,732 square feet in ZIP code 92284. This property's price per square foot is $85, which is 29% below the $120 median in 92284 and 30% below the $122 Yucca Valley median.

New Listings in Yucca Valley

Built in 1965, this single family house at 7173 Sage Ave is approximately 5,280 square feet and comes with 8 parking spots. It is listed on 04/11/2016 for $450,000 with a cost per Sqft of $85. 7173 Sage Ave is located in the Morongo Unified School District. The closest school is Yucca Valley High School.

7173 Sage Ave has been on the market for 194 days. The median days on the market for properties in this area is 95 with a median list price of $219,000 and median cost per square foot of $122. It's currently listed as active under the MLS #EV16075150.

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