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
Price:
$650,000
MLS #:
25487095
Status:
Active
Baths:
0
Address:
66124 Acoma Avenue
Type:
Residential Income
Neighborhood:
340deserthotsprings
City:
Desert Hot Springs
Listed Date:
Jan 21, 2025
State:
CA
ZIP:
92240
Lot Size:
6,534 sqft / 0.15 acres (approx)
Year Built:
1974
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Schools
Interior
Cooling
Central Air
Heating
Central
Exterior
Parking Features
Concrete
Parking Spots
4.00
Stories Total
1
Financial
Map
Community
- Address66124 Acoma Avenue Desert Hot Springs CA
- Area340 – Desert Hot Springs
- CityDesert Hot Springs
- CountyRiverside
- Zip Code92240
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Courtesy of Crissanna Luxury Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.
66124 Acoma Avenue
Desert Hot Springs, CA
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