$243,500
$264,950
8.1%For more information regarding the value of a property, please contact us for a free consultation.
66685 4th ST Desert Hot Springs, CA 92240
6,098 Sqft Lot
Key Details
Sold Price $243,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-340 (Na340)
MLS Listing ID 219002445DA
Sold Date 02/28/19
Construction Status Repairs Cosmetic,Updated/Remodeled
HOA Y/N No
Year Built 1985
Lot Size 6,098 Sqft
Acres 0.14
Property Description
(*Highest & best offer by 5pm Monday-4th*) only $264,950 per building! Two income buildings with total of six 2-bed, 1-bath units. Interior laundry hook-up plus 1-car garages. The rents are under current market. Well maintained, newer windows, flooring, & interior paint. On city sewer. 66675 4th Street & 66685 4th Street combined sale, seller will not sell separately. Desert Hot Springs is an up & coming area minutes from Palm Springs international airport, destination golf, shopping, & dining. 2-hours from Los Angeles & San Diego. Tenant pays electricity + gas. Landlord pays water & trash. Each 880sf unit is currently rented (5 month- to-month). You own the land. No HOA fees, no Land Lease fees. Gross Annual Rent is $56,640 per seller. No showings until after accepted offer - submit offer subject to inspection. If your are not paying attention, you will miss this ground level opportunity.
Location
State CA
County Riverside
Area 340 - Desert Hot Springs
Zoning TR
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Garage Spaces 3.0
Garage Description 3.0
Community Features Storm Drain(s)
Amenities Available Other
View Y/N Yes
Roof Type Composition,Shingle
Total Parking Spaces 3
Private Pool No
Building
Lot Description Near Public Transit, Paved
Story One
Entry Level One
Sewer Unknown
Water Public
Architectural Style Other, Tudor, Traditional
Level or Stories One
Construction Status Repairs Cosmetic,Updated/Remodeled
Others
Tax ID 639282005
Security Features Fire Detection System,Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with David Colin • HomeSmart Professionals