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Sold for $7,250,000
  • Listed by: MARCUS & MILLICHAP • Douglas McCauley • Contact: 626-695-6776
    Bought with: Marcus & Millichap
    $7,250,000

    12446 18th St, Yucaipa, CA 92399

    38beds
    57baths
    22,401sqft
    Multi Family
    Built in 2026
    -- sqft lot
    $-- Zestimate®
    $324/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    Not available

    Zestimate® history
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    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Douglas McCauley 626-695-6776,

    MARCUS & MILLICHAP,

    David Covarrubias DRE #01941403,

    MARCUS & MILLICHAP

    Bought with:

    David O'Keefe, DRE #01928739

    Marcus & Millichap

    Steven Bogoyevac, DRE #01332755

    Steven M. Bogoyevac, Broker

    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: $324/sqft
    • Tax assessed value: $2,928,136
    • Date on market: 7/17/2026
    • Cumulative days on market: 52 days
    • Listing terms: Cash,Cash to New Loan
    • Tenant pays: Electricity

    Price history

    DateEventPrice
    9/25/2026Sold$7,250,000-3.3%$324/sqft
    Source: CRMLS #CV26156701 Report a problem
    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

    Neighborhood: 92399

    Nearby schools

    GreatSchools rating