2024 Construction - this 55+ apartment complex in Yucaipa, CA features 32 units and 10 onsite storage units. Shaw Real Estate Brokers is pleased to present Paradise Oaks at 3rd Street, a rare opportunity to acquire a newly constructed, age-restricted apartment community in the heart of Yucaipa, California. Built in 2024 using concrete tilt-up construction, this institutional-quality asset offers investors a true turnkey investment with zero deferred maintenance and modern finishes throughout. The property consists of 32 units across two buildings — 24 one-bedroom/one-bath units (992 sq. ft.) and 8 two-bedroom/two-bath units (1,208 sq. ft.) — each featuring private balconies, stainless steel appliances, in-unit laundry, and contemporary kitchens with islands. The community is gated and amenity-rich, featuring pickleball courts, a pet park, community BBQ areas, assigned parking, and 10 rentable on-site storage units providing ancillary income. The property benefits from an exceptionally strong surrounding demographic, with a median household income exceeding $104,000 within one mile and $109,000 within three miles — supporting the income-qualified 55+ tenant base and long-term rent growth. Yucaipa's foothills location, mild climate, and growing retirement-age population make it an ideal market for age-restricted housing — a supply-constrained niche throughout the Inland Empire. The property is walkable to grocery, dining, banking, fitness, and medical services, making it highly attractive to the target demographic. This is a rare opportunity to own a brand-new, cash-flowing senior community in Southern California with no near-term capital expenditure requirements.