66197 Cahuilla Avenue

    Desert Hot Springs, CA 92240
    • $649,950
    • STATUS: Active
    • ON SITE: 276 days
    • ID#: OC19009251
    UPDATED: 60 min ago
    $649,950
    • 0
      BEDS
    • 0.45
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,000
      SQFT
    • $162
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1965
    County:

    School Ratings & Info

    Description

    Beautiful Desert Hot Springs 10 units. These Very Rare Single Level Units have Newly finished apartments, many with new appliances, and recently permitted Roof. Bathrooms well appointed most floors are tile with color tile in some shower/tub areas. Individual Electric Meter with new split system air conditioning and heating units. The city of Desert Hot Springs is one of the fastest growing cities in all of the Coachella Valley, and this complex is one of the best opportunities with room to build more units on this nearly half acre lot size. Great opportunities like this don't come around very often, come see this property before its gone!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-16T19:36:49.807. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/90817878

    66197 Cahuilla Avenue Desert Hot Springs, CA 92240

    • Price: $649,950
    • Status: Active
    • Updated: 60 min ago
    • ID#: OC19009251
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.45
    Acres
    4,000
    SQFT
    $162
    $/SQFT
    1965
    Built
    Neighborhood:
    Other (Othr)
    County:
    Riverside
    Area:
    340 - Desert Hot Springs
    Property Description
    Beautiful Desert Hot Springs 10 units. These Very Rare Single Level Units have Newly finished apartments, many with new appliances, and recently permitted Roof. Bathrooms well appointed most floors are tile with color tile in some shower/tub areas. Individual Electric Meter with new split system air conditioning and heating units. The city of Desert Hot Springs is one of the fastest growing cities in all of the Coachella Valley, and this complex is one of the best opportunities with room to build more units on this nearly half acre lot size. Great opportunities like this don't come around very often, come see this property before its gone!
    Exterior Features

    Fence YN Yes Fencing Wood Garage Spaces 0.00 Lot Features 11-15 Units/Acre Lot Size Source Estimated Lot Size Units Square Feet Parking Total 0.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling See Remarks Cooling YN Yes Flooring TileWood Heating See Remarks Heating YN Yes Laundry Features CommunityIndividual RoomSee Remarks

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features CurbsFoothillsMountainousRuralSidewalksStorm DrainsStreet LightsSuburban Country Us Electric Expense 360.00 Elevation Units Feet Fuel Expense 1440.00 Gross Income 72000.00 Gross Scheduled Income 72000.00 Insurance Expense 2500.00 Land Lease YN No Laundry YN Yes Net Operating Income 48732.00 New Construction YN No New Taxes Expense 14000.00 Number Of Separate Electric Meters 11 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 10 Operating Expense 23268.00 Professional Management Expense 0.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Cahuilla Tenant Pays Electricity Total Expenses 23268.00 Trash Expense 3000.00 Water Sewer Expense 1968.00 Water Source Public Year Built Source Assessor Zoning R2

    Listing provided courtesy of Prashant Sampat of Pacific Avenue Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-16T19:36:49.807. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
     
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