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Under contract
  • Listed by: MARCUS & MILLICHAP • Douglas McCauley • Contact: 626-695-6776
    Price cut: $1.5M (8/12)
    $7,500,000

    12446 18th St, Yucaipa, CA 92399

    38beds
    57baths
    22,401sqft
    : 
    $51,569/mo
    Get pre-qualified
    Multi Family
    Built in 2026
    -- sqft lot
    $-- Zestimate®
    $335/sqft
    $-- HOA

    What's special

    Seller Financing Available **Call or Email for Offering Memorandum** Pleased to present for sale 12446 18th Street, Yucaipa, California, a 19-unit-unit multifamily community consisting of all two-bedroom, two and one half-bathroom townhome-style apartment units. Constructed in 2026, this offering represents a rare opportunity to acquire a newly constructed asset in one of the Inland Empire’s most active, developing submarkets. The property is 100% vacant and the certificate of occupancy was issued August 2026. The Yucaipa Townhomes are all-electric and built to the same standard, offering a cohesive, institutional-quality product that commands premium rents while minimizing near-term capital expenditure risk. The two-story layout features an open main level with kitchen, dining, living area, powder room, and attached two-car garage access, complemented by two private ensuite bedrooms upstairs, one bedroom with a walk-in closet. The units are individually metered for electricity and have individual hot water heaters. The result is a highly livable, two-bedroom, two-and a half-bathroom floor plans (1,179 S.F. each) that appeals to a broad renter demographic, from working couples and young families to dual-income households seeking the feel of a single-family home at a multifamily price point. Each unit also features a large private backyard with a patio cover that is a rare offering among comparable Yucaipa multifamily products. Unit finishes are thoughtfully appointed throughout: quartz countertops, white oak-style plank flooring, shaker cabinets, recessed lighting, and cathedral ceilings. Each kitchen includes a dishwasher, refrigerator, and electric stove/oven, and each unit has its own individual hot water heater located in the garage. Every unit includes a direct two-car attached garage with an electric garage door opener and a 220V dryer outlet, a 200-amp electrical panel, central air conditioning and heat, and in-unit washer/dryer hookups. The community is secured with a code-access entry gate at the front entrance and a side exit gate, and features centralized mailboxes, low-maintenance landscaping, and an outdoor picnic area with artificial turf.
    55 days
    579
    22

    Zillow last checked:

    Listing updated:

    Listed by:

    Douglas McCauley 626-695-6776,

    MARCUS & MILLICHAP,

    David Covarrubias DRE #01941403,

    MARCUS & MILLICHAP

    Source: CRMLS,MLS#: CV26156701MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 38
      • Bathrooms: 57
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Laundry: Electric Dryer Hookup, Gas Dryer Hookup
      Features
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 22,401
      • Total interior livable area: 22,401 sqft

      Property

      Parking
      • Total spaces: 38
      • Parking features: Direct Access, Garage
      • Garage spaces: 38
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: Gate
      • Pool features: None
      Lot
      • Size: 2.44 Acres
      • Features: Lot Over 40000 Sqft
      Details
      • Parcel number: 0300191320000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Condition
      • New construction: Yes
      • Year built: 2026

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Curbs
      Location
      • Region: Yucaipa

      Financial & listing details

      • Price per square foot: $335/sqft
      • Tax assessed value: $2,928,136
      • Date on market: 7/17/2026
      • Cumulative days on market: 55 days
      • Listing terms: Cash,Cash to New Loan
      • Tenant pays: Electricity

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,054/mo

        Price history

        DateEventPrice
        9/8/2026Contingent$7,500,000$335/sqft
        Source: CRMLS #CV26156701 Report a problem
        8/12/2026Price change$7,500,000-16.6%$335/sqft
        Source: CRMLS #CV26156701 Report a problem
        7/17/2026Listed for sale$8,995,000$402/sqft
        Source: CRMLS #CV26156701 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $2,928,136 +12.7%
        2025$42,075 +235.9%$2,598,270 +158.4%
        2024$12,527 +359.6%$1,005,500 +330%
        2023$2,726 +1.1%$233,824 +2%
        2022$2,695 +1.3%$229,239 +2%
        2021$2,661 -1%$224,744 +1%
        2020$2,687 +2.8%$222,440 +2%
        2019$2,615 +2.5%$218,078 +2%
        2018$2,552 $213,802
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 92399

        Getting around

        42 / 100
        Car-Dependent
        31 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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