$650,000
For Sale

66124 Acoma Avenue

Desert Hot Springs, CA 92240
2096 sqft | 5 beds | 0.15 acres | #25487095
Listing OfficeAnna Sadowska
Browse 32 photos
Type:Multi-Family
Structure:House
Zone:Commercial

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.

  • Property Details
      • SubdivisionNot in a Development
      • Property SubtypeResidentialIncome
      • Property TypeMulti-Family
      • CountyRiverside
      • Original List Price$650,000
      • MLS #25487095
      • MLS #25487095
      • Cost650000
      • Acres0.15
      • Square Feet2096
      • Year Built1974
      • Bedrooms5
      • Stories1

Location

Augie MendozaReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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