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66124 Acoma Avenue, Desert Hot Springs, CA 92240

$650,000
Property Type: Residential Income Square Footage: 2,096 Lot Size (sq. ft.): 6,534 Status: Active
Current Price: $650,000 List Date: 1/22/2025 Last Modified: 3/06/2025

Description

Cap rate of almost 10%, based on pro-forma. An outstanding opportunity to acquire a set of three legal units! Two of three are rented and one delivered vacant. 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.

Supplements: ********

More Information MLS# 00-25487095

Listing Location and Property Info

Status: Active Listing Date: 2025-01-21 Original List Price: 650000 List Price: $650,000 Current Price: $650,000 Street #: 66124 Street Name: Acoma Street Suffix: Avenue County: Riverside State: CA Zip Code: 92240 Area: 340 - Desert Hot Springs Subdivision: Not in a Development

General Property Information

Approx SqFt: 2096 Lot Acres: 0.15 Lot Size: 6534 Year Built: 1974

Property Features

Levels: One Heating: Central
Listing Office: Crissanna Luxury Real Estate
Listing Agent: Anna Sadowska
Last Updated: March - 06 - 2025
Information deemed reliable but not guaranteed.

 

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