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$1,500,000
Est. payment /mo
8 Beds
0.4 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SW25109855
Bedrooms 8
Lot Size 0.400 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Introducing Diva in the Desert - a prime investment opportunity located at 13405 Ocotillo Road, Desert Hot Springs, CA 92240. This multifamily property features 8 solidly built units, each boasting 2 bedrooms, 1 bath, and approximately 900 sqft of space. With washer-dryer connections, dishwashers, and spacious patios/balconies in each unit, the property offers a comfortable living experience. Strategically situated near the I-10 freeway and close to shopping and employment hubs, this gem built in 1987 presents a lucrative value-add prospect for an owner-operator. Highlights include the potential for income growth through additional parking, pet rent, and new amenities. The property's ideal apartment size caters to various households, ensuring steady demand. This long-term income generator also sets the stage for a high ROI fix-and-flip venture. Don't miss the chance to own a piece of the desert's charm with Diva in the Desert.
Location
State CA
County Riverside
Zoning Assessor
Direction North on Palm. East on Ironwood. North on Ocotillo Rd.
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Roof Type Tile/Clay
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 641271010
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
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Listed by Robyn Wonnell KW Temecula
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