10316 Baker Rd, Lucerne Valley, CA 92356
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10316 Baker Rd Lucerne Valley, CA 92356

$425,000
  • 9 Beds
  • 5 Baths
  • 3,563 Sq.Ft.
For Sale
$425,000 Get Pre-Qualified

Map preview of 10316 Baker Rd, Lucerne Valley, CA 92356

Property Overview: 10316 Baker Rd Lucerne Valley, CA has 9 bedrooms, 5 bathrooms, 3,563 living square feet and 217,800 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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 Lou Woolf | BRE #00543319 | Rodeo Realty
Last checked: 15 minutes ago | Last updated: January 11th, 2024 | Source CRMLS | DOM: 116
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Home details

Lot Sq. Ft
217,800
HOA Dues
$0/mo
Year built
1948
Garage
1 Car
Property Type:
Multi Family
Status
Active
MLS#
24346459
City
Lucerne Valley
County
San Bernardino
Time on Site
141 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,250
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.74
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $27,000
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 10316 Baker Rd

Interior Features
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • Pool Features: See Remarks
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Garage, Carport
Lot Information
  • Lot Size Source: Owner
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 0451121230000
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Cesspool
  • Water Source: Well
Location / Neighborhood
Location Information
  • Directions: I-15 N exit Bear Valley Rd. Bear Valley E to Hwy 18. Hwy 18 E to Baker Rd. Baker S to PIQ. Cross Street: Hwy 18.
View more facts & features

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Sale History for 10316 Baker Rd

Last sold on May 1st, 2015
  • January, 2024

  • Jan 11, 2024

    Date

    Active

    CRMLS: 24346459

    $425,000

    Price

  • July, 2023

  • Jul 25, 2023

    Date

    Expired

    CRMLS: SR23011991

    $425,000

    Price

  • Jan 23, 2023

    Date

    Active

    CRMLS: SR23011991

    $425,000

    Price

  • Listing provided courtesy of CRMLS

    Unbelievable opportunity for astute investor. 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, with the other 2 homes approx 1,152sq ft 3+2 (unit C) and 1,054 sq ft 3+1 (unit B), respectively. 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 $2,845 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!

  • October, 2022

  • Oct 31, 2022

    Date

    Expired

    CRMLS: SR22098654

    $425,000

    Price

  • May 11, 2022

    Date

    Active

    CRMLS: SR22098654

    $425,000

    Price

  • Listing provided courtesy of CRMLS

    Unbelievable opportunity for astute investor. 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, with the other 2 homes approx 1,152sq ft 3+2 (unit C) and 1,054 sq ft 3+1 (unit B), respectively. 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 $2,845 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!

  • July, 2021

  • Jul 2, 2021

    Date

    Active

    CRMLS: 536869

    $439,990

    Price

  • Listing provided courtesy of CRMLS

    LIVE FOR FREE !! 3 RESIDENTIAL HOUSES ON ONE 5 ACRE LOT. Affordable MULTI-UNIT PROPERTY TRI-PLEX located in Lucerne Valley CA. This TRI-PLEX offers 3 SEPARATE HOUSES consisting of 9 Bedrooms and 5 Bathrooms totaling over 3,500sf between the 3 units. The HUGE 5-ACRE LOT is centrally located on paved frontage just a few blocks away from the center of town off Hwy 18. Plus the site includes a horse stable, detached garage, carports, fencing, WATER WELL and 6 fruit TREES. All units are currently occupied generating $2,845 per month in RENTAL INCOME, with the potential to generate PRO-FORMA RENTS of nearly $3,200 per month. This property is one of the few multi-unit residences in the area, and is ideal for anyone looking to own a private home/ranch where they can occupy one unit and LIVE FOR FREE collecting rents from the other 2 units. In addition INVESTORS can generate lucrative returns with this FULLY OCCUPIED property, as demand for housing and rents has increased significantly in the area over the past year. A definite Once in a lifetime opportunity THINK ABOUT THIS... LIVE FOR FREE!!! .***

  • October, 2018

  • Oct 31, 2018

    Date

    Expired

    CRMLS: 480393

    --

    Price

  • Listing provided courtesy of CRMLS

    Good Investment - 3 homes on 1 lot! Sitting right next door to another lot available with 1 home on it. Live in one, rent the others. 1st house is 1550 SF, 4 BD, 2 BA and has an in-ground pool; 2nd house is 2 BD, 1 BA, 1350 SF; 3rd house is 3 BD, 2 BA, 1450 SF. Located 25 minutes from Big Bear and 20 minutes from Apple Valley and the new Jess Ranch Market Place. Located near shopping and schools in Lucerne Valley. Already an income property - could be a wonderful investment. Call for more information. Association Amenities: None # of RV Spaces: 0NONE Lot Location Type: Standard Location Landscaping: Natural Special Features: Two Homes on a Lot # of Attached Spaces: 0 # of Detached Spaces: 0

  • October, 2018

  • Oct 31, 2018

    Date

    Canceled

    CRMLS: 475762

    --

    Price

  • Listing provided courtesy of CRMLS

    Good Investment 3 homes on 1 lot! Sitting right next door to another lot available with 1 home on it. Live in one, rent the others. 1st house is 1550 SF, 4 BD, 2 BA and has an in-ground pool; 2nd house is 2 BD, 1 BA, 1350 SF; 3rd house is 3 BD, 2 BA, 1450 SF. Located 25 minutes from Big Bear and 20 minutes from Apple Valley and the new Jess Ranch Market Place. Located near shopping and schools in Lucerne Valley. Already an income property - could be a wonderful investment. Call for more information. Association Amenities: None Lot Location Type: Standard LocationPAVE Model 14 # of Full Baths: 0 Model 15 # of Full Baths: 0 Model 1 # 1/2 Baths: 0 Model 2 # 1/2 Baths: 0 Model 3 # 1/2 Baths: 0 Model 4 # 1/2 Baths: 0 Model 5 # 1/2 Baths: 0 Model 6 # 1/2 Baths: 0 Model 7 # 1/2 Baths: 0 Model 8 # 1/2 Baths: 0 Model 9 # 1/2 Baths: 0 Model 10 # 1/2 Baths: 0 Model 11 # 1/2 Baths: 0 Model 12 # 1/2 Baths: 0 Model 13 # 1/2 Baths: 0 Model 14 # 1/2 Baths: 0 Model 15 # 1/2 Baths: 0 Model 14 Bedrooms: 0 Model 15 Bedrooms: 0 Model 14 # Of Units: 0 Model 14 # Of Units: 0 Model 1 # 1/4 Baths: 0 Model 2 # 1/4 Baths: 0 Model 3 # 1/4 Baths: 0 Model 4 # 1/4 Baths: 0 Model 5 # 1/4 Baths: 0 Model 6 # 1/4 Baths: 0 Model 7 # 1/4 Baths: 0 Model 8 # 1/4 Baths: 0 Model 9 # 1/4 Baths: 0 Model 10 # 1/4 Baths: 0 Model 11 # 1/4 Baths: 0 Model 12 # 1/4 Baths: 0 Model 13 # 1/4 Baths: 0 Model 14 # 1/4 Baths: 0 Model 15 # 1/4 Baths: 0 Model 14 Rent: 0.00 Model 15 Rent: 0.00 Model 1 SQFT: 1450 Model 2 SQFT: 1350 Model 3 SQFT: 1450 Model 4 SQFT: 0 Model 5 SQFT: 0 Model 6 SQFT: 0 Model 7 SQFT: 0 Model 8 SQFT: 0 Model 9 SQFT: 0 Model 10 SQFT: 0 Model 11 SQFT: 0 Model 12 SQFT: 0 Model 13 SQFT: 0 Model 14 SQFT: 0 Model 15 SQFT: 0 Model 1 # 3/4 Baths: 0 Model 2 # 3/4 Baths: 0 Model 3 # 3/4 Baths: 0 Model 4 # 3/4 Baths: 0 Model 5 # 3/4 Baths: 0 Model 6 # 3/4 Baths: 0 Model 7 # 3/4 Baths: 0 Model 8 # 3/4 Baths: 0 Model 9 # 3/4 Baths: 0 Model 10 # 3/4 Baths: 0 Model 11 # 3/4 Baths: 0 Model 12 # 3/4 Baths: 0 Mo...

  • May, 2015

  • May 1, 2015

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • November, 2014

  • Nov 19, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 10316 Baker Rd

Assessed Value (2020): $130,929
Year Land Value Improved Value Assessed Value
2020 $28,712 $102,217 $130,929

Home Value Compared to the Market

This property vs the competition

10316 Baker Rd is listed 35.14% higher than the median list price for the city of Lucerne Valley which has a median list price of $314,500. The median price per/sqft for Lucerne Valley is $227 and this home is listed at $119.28 per/sqft which puts the price per square foot 47.45% lower than the median price per square foot for the city of Lucerne Valley.

About 10316 Baker Rd

Detailed summary of property

10316 Baker Rd is a multi family located in Lucerne Valley, CA 92356 and is currently for sale. This multi family property offers 9 bedrooms, 5 bathrooms, roughly 3,563 living square feet, and sits on an approximately 217,800 square foot lot. 10316 Baker Rd was first listed on ArdentRealEstateGroup.com on January 11, 2024. The homeowner is currently asking $425,000. The median priced home in Lucerne Valley is $314,500 with a median price per square foot of $227. Based on Ardent Real Estate Group's Lucerne Valley Market Data, this home is listed 35.14% higher than the median priced home. Local competing homes currently for sale include 909 W 60th St, 220 W Colden Ave and 5414 S Mullen Ave. While the average home in Lucerne Valley, CA is selling in 104 days, 10316 Baker Rd has a days on market of 116 days. There are currently 48 homes for sale in the Lucerne Valley real estate market and 48 of them are single family homes while 0 of them are condos and 0 are townhomes. For more information on this home for sale at 10316 Baker Rd Lucerne Valley, CA 92356 contact Ardent Real Estate Group and we will put you in touch with one of our Lucerne Valley agents.

Public Facts for 10316 Baker Rd

Public county record property details
Beds
2
Baths
1
Year built
1948
Sq. Ft.
1,357
Lot Size
217,800
Stories
1
Type
Triplex (3 Units, Any Combination)
Pool
Yes
Spa
No
County
San Bernardino
Lot#
--
APN
0451-121-23-0000

The source for these homes facts are from public records.

92356 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$314,500
Median List Price/Sq.Ft.
$227
Median Sold Price
$249,000
Median Sold Price/Sq.Ft.
$204
Total Inventory
48
Median Sale to List Price %
100%
Avg Days on Market
36
Loan Type
Conventional (12.5%), FHA (37.5%), VA (0%), Cash (50%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.