CA > Desert Hot Springs > Not In A Development
Desert Hot Springs, CA 92240,66124 Acoma AVE
Desert Hot Springs, CA 92240,66124 Acoma AVE
Desert Hot Springs, CA 92240,66124 Acoma AVE
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$650,000
Est. payment /mo
5 Beds
3 Baths
2,096 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,096 sqft

Price per Sqft $310

Subdivision Not In A Development

MLS Listing ID 25487095

Bedrooms 5

HOA Y/N No

Year Built 1974

Lot Size 6,534 Sqft

Property Description

Cap rate of almost 10% ($6k per month rent), based on pro-forma. An outstanding opportunity to acquire a set of three legal units! Two of three are rented ($4k) and one delivered vacant worth another $2k. 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.

Location

State CA

County Riverside

Area 340 - Desert Hot Springs

Zoning R3

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Parking Features Concrete

Total Parking Spaces 4

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 641021035

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Anna Sadowska • Crissanna Luxury Real Estate

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