66124 Acoma Avenue Active

Desert Hot Springs,CA 92240

$ 650000

6 Beds

0 Bath

2096 SqFt


Key Details

Property Type Single Family Home

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 2,096 sqft

Price per Sqft $310

MLS Listing ID CL25487095

Bedrooms 6

HOA Y/N No

Year Built 1974

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type OTHER

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

Zoning R3

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Total Parking Spaces 4

Building

New Construction No

Others

Tax ID 641021035

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