Movoto Real Estate
Sold on 02/21/2024

10316 Baker Rd, Lucerne Valley, CA 92356

  • $538,000

    Last sold 02/21/2024 for $425K

  • 9

    bed

  • 5

    bath

  • 3,563

    Sqft ($119/Sqft)

Multi-family not for sale
Movoto is helping 17 homebuyers near you

About 10316 Baker Rd

Property type Multi-family
Neighborhood
Year built 1948
HOA fee $0/month
Lot size 5 Acre
Movoto estimate
Parking 1 garage spaces
Property description
Unbelievable opportunity for astute investor. Seller looking for all cash offers, however they may consider a short term 2nd with a strong buyer. A triplex with 3 homes on one 5 acre lot, priced so that you can live in one for free, while the other 2 homes pays for you!!! Don't want to live there, no problem, spin off cash instead! Located near the center of town off of Hwy 18. There is over 3,500 Sq Ft in the 3 homes. The main house (unit A) is approx 1,300 sq ft. 3 bedroom + 2 baths, (There is currently a unlawful detainer action filed with unit A. It should bring in an additional $1,800 per month), with the other 2 homes approx 1,152sq ft 3+2 (unit B) and 1,054 sq ft 3+1 (unit C), respectively. There is even an abandoned swimming pool on the property that could probably be salvaged and restored. Properties are in C- condition and needs TLC but where else can you find a deal like this. Buy these 3 houses (called a triplex by the banks) and live in one and rent out the other 2 !! The rent on the 2 houses almost pays for everything so you only pay approx $200 per month. Act fast. Asking $425,000 for all 3 SEPARATE houses. Water well on property, 2 of the homes are hooked up to city gas, third has propane tank. There is a tremendous amount of potential and possibilities here! It's currently generating approx $2,250 per month in RENTAL INCOME, with plenty of upside potential. There are not many multi unit residences around, so take advantage of this once in a lifetime opportunity. Priced well below market, Motivated seller says make me an offer! Do not contact tenants, drive by only!
Listed by
Listing Agent - Lou Woolf
Listing Office - Rodeo Realty
Source: The MLS mls logo
MLS#24-346459 • last updated 1 year ago
Movoto checked The MLS for data Just now
Overview
Levels/Style One
MLS # 24-346459
Type Residential Income
Status Sold
SqFt 3563
Lot Size (SqFt) 217800
Lot Size (Acres) 5
Year Built 1948
Interior
Total # of Baths 5
Total # of Bedrooms 9
Exterior
# Carport Spaces 2
# Garage Spaces 1
# Parking Spaces 3
Parking Desc Garage, Carport
Add'l Structures None
Amenities / Utilities
Water Well
Sewer/ Septic Cess Pool
Equipment Other
Pool Other
Location
County San Bernardino
Zoning LV/RL
APN 0451-121-23-0000
Multifamily Details
Unit 3: Furnished No
Unit 1: Furnished No
Unit 3: Projected Rent 1000
Unit 1: # Beds 3
Unit 2: Rent 1250
Unit 3: Rent 1000
Unit 2: Furnished No
Unit 2: Projected Rent 1250
Unit 3: # Beds 3
Unit 2: # Beds 3
Unit 2: # Baths 2
Unit 3: # Baths 1
Unit 1: # Baths 2
Unit 3: Actual Rent 1100
Unit Type 2106, 2107, 2108
Unit 1: Actual Rent 1800
Total # Of Buildings 3
Gross Income 27000
Gross Operating Income 27000
Gross Rent Multiplier 15.74
$538K
Range: $489K-$586K
Last 30 days 
  • Jul 2024
    mls logo MLS # 24-346459
  • Jul 8, 2024 Sold
    $425,000
  • Feb 21, 2024 Active
  • Jan 11, 2024 Listed
    $425,000
  • Jan 2023
    mls logo MLS # SR23011991
  • Jan 23, 2023 Listed
    $425,000
  • May 2022
    mls logo MLS # SR22098654
  • May 19, 2022 Listed
  • May 16, 2022 Pending
  • May 11, 2022 Listed
    $425,000 (-3.4%)
  • Jul 2021
    MLS # 536869
  • Jul 2, 2021 Listed
    $439,990
  • Jul 2, 2021 Listed
    $439,990 (+18.9%)
  • Mar 2017
    mls logo MLS # EV17004720
  • Mar 1, 2017 Expired
  • Jan 7, 2017 Listed
    $370,000
  • Jan 7, 2017 Listed
    $370,000
  • Jan 2017
    MLS # 480393
  • Jan 6, 2017 Listed
    $370,000
  • Aug 2016
    MLS # 475762
  • Aug 19, 2016 Listed
    $370,000
  • Aug 2016
    mls logo MLS # EV16184156
  • Aug 19, 2016 Listed
    $370,000
  • 10316 Baker Rd
    $425K
  • Lucerne Valley
  • 92356
    $265K -10% y/y
  • Lucerne Valley
    $265K -10% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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  • 10316 Baker Rd
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