66124 Acoma AVE new Save Request In-Person Tour Request Virtual Tour
Desert Hot Springs,CA 92240
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
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.
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