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Property

Desert Hot Springs, CA 92240 66124 Acoma Avenue

66124 Acoma Avenue Desert Hot Springs, CA - Image 166124 Acoma Avenue Desert Hot Springs, CA - Image 266124 Acoma Avenue Desert Hot Springs, CA - Image 3
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Presented By: Anna Sadowska with Crissanna Luxury Real Estate;
  • MLS# 25487095
  • 01/21/2025
  • Request Tour
  • Request Info
  • Beds • 5
  • Baths • 3
  • SQFT • 2,096
  • Year Built • 1974

Home Details

Cap rate of almost 10% ($6k per month rent), based on pro-forma. An outstanding opportunity to acquire a set of three legal units! Two of three are rented ($4k) and one delivered vacant worth another $2k. 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.
Presented By: Anna Sadowska with Crissanna Luxury Real Estate;

Interior Features for 66124 Acoma Avenue

Bedrooms

Total Bedrooms5

Bathrooms

Half Baths0
Total Baths3
1/4 Baths
3/4 Baths

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories1

General for 66124 Acoma Avenue

Additional Parcels Y/NNo
Attached Garage No
Cap Rate10.0
Carport Y/NNo
CityDesert Hot Springs
CoolingCentralAir
CountyRiverside
DirectionsUse a map
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income6500.0
HOANo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet6534.0
Lot Size UnitsSquareFeet
MLS Area340 - Desert Hot Springs
MobileHomeRemainsYNNo
Net Operating Income78000.0
New ConstructionNo
Number Of Units Total3
Open Parking Spaces4.0
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Subdivision NameNot in a Development
Waterfront Y/NNo
Year Built1974
ZoningR3

Exterior for 66124 Acoma Avenue

Building Area Total2096.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.15
Lot Size Area6534.0
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesConcrete
Private PoolNo
SpaNo
Total Parking4.0

Additional Details

Price History

Alexandra Eston

Sales Associate
Price $650,000
MLS#25487095
List Date 01/21/2025
Property Type Multi-Family
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