$505,000
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7,405 Sqft Lot
SOLD DATE : 01/23/2024
Key Details
Sold Price $505,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision ,Dos Palmas Tr Unit 6
MLS Listing ID IV23146429
Sold Date 01/23/24
HOA Y/N No
Year Built 1959
Lot Size 7,405 Sqft
Property Description
EXCELLENT OPORTUNITY TO OWN THIS RENTAL INCOME PROPERTY.
It's a very good monthly/yearly income, great Investment with a 8% cap rate. can get this cap rate no where, palm Springs is 4,5 Cap Rate.
3 units describe as the first unit is 3/1 = 3 bed, one full bath, second unit 1/1 = one bed, one full bath, third unit is 1/1 = one bed, one full bath. off street parking 6 spaces, Property build on 1958 but fully remodeled on 2015, Good condition
This property has Lots of potential!!!!! Do not miss this opportunity There is nothing like this on the market inventory is very Low.
Property is offered "as-is" as!!!
Seller is very motivated.
Location
State CA
County Riverside
Area 340 - Desert Hot Springs
Zoning W-2
Interior
Fireplaces Type Family Room
Fireplace Yes
Laundry Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Pool None
Community Features Park
Total Parking Spaces 6
Private Pool No
Building
Lot Description Back Yard, No Landscaping
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 656102028
Energy Description 1095.0
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, Submit, VA Loan
Listing Terms Cash, Conventional, 1031 Exchange, FHA, Submit, VA Loan
Financing Conventional
Special Listing Condition Standard
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Bought with MARITZA GUTIERREZ • REALTY ONE GROUP HOMELINK
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
25101 The Old Road Suite 240, Ranch, Ca, 91381, United States