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$ 849,000
Est. payment /mo
Active
66327 7th Street Desert Hot Springs, CA 92240
2,377 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 2,377 sqft
Price per Sqft $357
MLS Listing ID CL25614943
HOA Y/N No
Year Built 1962
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Other
Property Description
Now with improvements, owner totally re-wired entire property and upgraded electricity, seller will assist with a good loan. 6 rental units (5 studios and 1 one bedroom) with current rents (actual) $7340 plus 1 vacancy total scheduled rents $8840!! Seller will assist with financing information! Excellent income producing property at an affordable price! Other quality improvements of the property were done, the latest one being the roof and interior / exterior paint. Onsite parking. One can enjoy the calm and relaxing landscape of Desert Hot Springs as well as the many healing natural hot springs for which the community is known for. There are plenty of shops, restaurants, services available and cultural or sportive activities. Palm Springs, Rancho Mirage, Palm Desert are all near by. The property is situated not far from the I-10 freeway, a major thoroughfare between Los Angeles County and the Inland Empire. Welcome to Coachella Valley investing with one the best incomes around and hard to find nowadays.
Location
State CA
County Riverside
Zoning TR
Interior
Heating Natural Gas, Other
Fireplace No
Building
New Construction No
Others
Tax ID 639202008
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Listed by Anna Sadowska • Crissanna Luxury Real Estate