12243 16th Street
Yucaipa, CA, 92399
$850,000
MLS: IG26108732
Beds
—
Baths
—
Sq Ft
3,394
Lot
0.36 ac
Year Built
1947
MLS #
IG26108732
Days on Market
15
Listed
May 19, 2026
Description
RARE OPPORTUNITY for an OUSTANDING profitable 4 UNIT RENTAL in the heart of Yucaipa! This unique multi-unit property features 4 UNITS situated on an expansive 15,500 sq ft lot, with each unit offering 2 bedrooms and 1 full bathroom , kitchen , living room AND each unit has its own washer dryer hookups and a yard! Parking is available to each unit without assignment. Unit A - sits individually at the front of the lot. You can move in this unit and rent the back 3 out or rent out all 4! Unit A showcases a welcoming living room with wood-look tile throughout, functional kitchen with abundant cabinet storage, convenient in-home laundry room, and a well-designed floor plan with two spacious bedrooms and a full bathroom. Unit B- is an individual unit as well with 2 bedrooms 1 bath living room kitchen and in house laundry hook ups. Unit C and Unit D are in the back of the lot sharing only one wall. Each of these units has 2 bedrooms , 1 bath living room kitchen and patio laundry hookups. A/C and Heat are availble to ALL units. Each unit is individually metered for electric and gas, offering added convenience and utility flexibility. Ideally located near local schools, shopping, dining, and everyday amenities, this property combines comfort, space, and convenience in a desirable Yucaipa location. A fantastic leasing opportunity with strong appeal for a variety of tenants!
Location
Yucaipa, San Bernardino County, CA 92399
Open on Google Maps ↗Listed by: Krystle Roth · KELLER WILLIAMS REALTY
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$6,687
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $85,000 · Loan: $765,000
Average 30-yr fixed rate 7.18% as of Nov 5, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $5,182
- Property tax (1.25%)
- $885
- Homeowners insurance
- $300
- Mortgage insurance
- $319
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Nov 5, 2026
- 30-year fixed
- 7.18%
- 15-year fixed
- 6.57%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Yucaipa home with as little as 3.5% down using an FHA loan — roughly $29,750 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Yucaipa, CA 92399 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
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