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.
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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66124 Acoma Avenue
Desert Hot Springs, CA
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