Description
An outstanding opportunity to acquire a set of three legal units! two of three are being delivered vacant to increase income to market rents!! cap rate of 10%, based on pro-forma. all units have been upgraded and are move in ready. unit 1&2 boast 2 bed, 2 baths and the third unit is 2 bed, 1 bath in a separate building in the back. live in one and rent the others or rent them all and make a big buck! inside, you'll discover spacious kitchens adorned with nice countertops. the generous living rooms offer ample space, the bedrooms have beautiful barn doors, the bathrooms are in great shape. whether you're looking to diversify your investment portfolio or execute a 1031 exchange, this location is ideal for investors seeking prime real estate opportunities with a potential of 10% cap rate. each unit has it's own meters.
Property Type
Residential IncomeCounty
RiversideStyle
Residential IncomeAD ID
48397998
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 5
Bathroom Information
- Total Baths: 3
- Full Baths: 0
- Half Baths: 0
Cooling Features
- Central Air
- Air Conditioning
Heating Source
- Central
- Has Heating
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Exterior Features
Building Information
- Year Built: 1974
- Building Area Total: 2,096
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.15
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 6534
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Listing Information
Listing Price Information
- Original List Price: 650,000
- Listing Contract Date: 2025-01-21
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 641021035
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Concrete
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 340 - Desert Hot Springs
- Directions: Use a map
- Zoning: R3
- Source Property Type: Residential Income
- Area: 340 - Desert Hot Springs
Building and Construction
- Property Age: 51
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 2096
- Levels or Stories: One
- Building Total Stories: 1
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BuyOwner last updated this listing 01/31/2025 @ 05:52
- MLS: 25487095
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 5 bedrooms which is for sale, it has 2,096 sqft, 6,534 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Desert Hot Springs , in zip code 92240, this Riverside County Home , it is in the Not Applicable-1 Subdivision, are nearby neighborhoods.