13537 5th
Yucaipa, CA 92399
- – beds
- – baths
- – sqft
- ~1 acre lot
- 2024 build
- – on site
We are proud to exclusively present the opportunity to acquire Elowyn Estates, a premier retirement community situated at 13537 5th Street in Yucaipa, California. Completed in December 2024, this newly constructed 16-unit multifamily investment property is positioned on two adjacent parcels totaling 0.91 acres (39,720 square feet). The property consists of eight single-story duplexes, encompassing a total building area of 13,232 square feet. Elowyn Estates is designed as a senior 55+ community and offers a well-balanced unit mix, featuring eight one-bedroom/one-bathroom units and eight two-bedroom/two-bathroom units. Each residence is equipped with a range of modern amenities, including central air conditioning, in-unit washer/dryer hookups, a private patio, and assigned open parking. Interior finishes are highlighted by quartz countertops, carpet and vinyl flooring, recessed lighting, and brand-new appliances. The property also boasts sustainable landscaping and fully owned solar panels installed on all pitched roofs, ensuring renewable energy at no additional cost. All units are individually metered for gas and electricity, and feature individual hot water heaters. Given the property’s status as a new development, there is a significant opportunity to adjust rental rates in line with current market trends, offering the potential for enhanced cash flow. Elowyn Estates benefits from an ideal location, situated less than one mile east of the Interstate 10 Freeway, providing convenient access to the Inland Empire and the Palm Desert. Set in a quiet, suburban neighborhood, the property is surrounded by single-family homes and local parks, while also being a short drive from essential services such as Stater Bros. Market, Tropicana Supermarket, and Dollar General. Residents can enjoy nearby I Street Park, which features softball fields, tennis courts, basketball courts, cabanas, and playgrounds. Additionally, The Scherer Community Center, located just 2.5 miles from the property, offers a wide array of senior programs, including exercise classes, group activities, and nutritional services.
Listed By CRMLS_CA / Douglas McCauley / MARCUS & MILLICHAP / 626-695-6776
Last checked:
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Last updated Jan 31, 2025
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MLS# CV25022496 —
The Building
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Year Built:2024
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Year Built Source:Other
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New Construction:No
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Building Area Total:13232.00
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Building Area Units:Square Feet
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Total Number Of Units:16
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# of Buildings:8
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Stories Total:1
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Entry Level:1
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Common Walls:1 Common Wall
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# of Separate Gas Meters:17
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# of Separate Water Meters:1
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# of Separate Electric Meters:17
Interior
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Entry Location:Front
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Laundry:Individual Room
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Laundry:1
Location
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Directions:East on County Line Rd exit from I-10, Left on 5th St
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Latitude:34.00796600
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Longitude:-117.05478400
The Property
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Property Type:Residential Income
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Subtype:Commercial/Residential
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Lot Features:Rectangular Lot
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Lot Size Area:0.9100
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Lot Size Acres:0.9100
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Lot Size SqFt:39639.60
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Lot Size Source:Other
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Property Attached:1
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Additional Parcels:No
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Additional Parcels Description:0319233590000
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Lot:175
The Listing
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Special Listing Conditions:Standard
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Parcel Number:0319233580000
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Sidewalks
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Pool:None
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Senior Community:Yes
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Private Pool:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
1/30/25
Jan 30, 2025
|
Listed / Active | CRMLS_CA | $4,900,000 |