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$1,575,000
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0.4 Acres Lot
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID SW25109912
HOA Y/N No
Year Built 1987
Lot Size 0.400 Acres
Property Sub-Type Multi Family
Property Description
8 Apartment Homes. All 2 Bedroom, 1 Bathroom. Large Lot. Very Nice Floor Plan. All have individual garages. All have full sized washer dryers in kitchens. Dishwashers in all but one kitchen. Extra Parking being added for additional revenue not included in figures. Updates to exterior in process. Ideal for move up buyers from duplexes, triplexes and fourplexes. Room for value and cash flow improvement upon turnover. Nice area near similar, and high end apartments. Built in 1987 so the layout is very good. Additional media available upon completion of upgrades. May not last long however. Ideal investment for hands on owner operator. Value Add for Long Term Income or Fix and Flip for fast return.
Location
State CA
County Riverside
Area 340 - Desert Hot Springs
Interior
Heating None
Fireplace No
Laundry Washer Hookup, In Kitchen, See Remarks
Exterior
Fence Block, Stucco Wall
Roof Type Tile
Total Parking Spaces 8
Building
Lot Description 6-10 Units/Acre, Desert Front, Level, Rectangular Lot, Street Level
Story 2
Water Public
Others
Tax ID 641271010
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
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Listed by Robyn Wonnell KW Temecula 951 501-6567
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