Desert Hot Springs, CA 92240,13548 Caliente DR
Desert Hot Springs, CA 92240,13548 Caliente DR
Desert Hot Springs, CA 92240,13548 Caliente DR
Desert Hot Springs, CA 92240,13548 Caliente DR
Desert Hot Springs, CA 92240,13548 Caliente DR
Desert Hot Springs, CA 92240,13548 Caliente DR
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$1,100,000

$1,142,000

3.7%
Est.Price: ?

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Est. payment /mo

0.39 Acres Lot


SOLD DATE : 12/15/2021

Key Details

Sold Price $1,100,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 219064317PS

Sold Date 12/15/21

HOA Y/N No

Year Built 1990

Lot Size 0.390 Acres

Property Description

This investment is an eight unit apartment building located in the strong rental market of Desert Hot Springs, California within the greater Inland Empire area. Built in 1990, this property features 100% one bedroom-one bath units totaling 5,120 square feet, built on a 0.39 acre lot. Four out of the eight units have been fully renovated. The remaining units were either already in good condition, requiring minimal upgrading, or were occupied at the time of purchase and have been maintained with all necessary repairs being made. This investment is located with in distance of Henry Lozano Community Center and the interstate 10 and local shopping centers, providing tenants with convenient access to entertainment and restaurants. This location offers high visibility in an area known for its strong tenancy, stable rent growth and a historically high occupancy rate.

Location

State CA

County Riverside

Interior

Heating Forced Air

Flooring Carpet, Tile, Vinyl

Fireplace No

Appliance Water Heater

Exterior

Garage Covered

Carport Spaces 8

View Y/N No

Total Parking Spaces 8

Private Pool No

Building

Story 1

New Construction No

Others

Senior Community No

Tax ID 641251011

Security Features 24 Hour Security

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA

Listing Terms Cash, Conventional, 1031 Exchange, FHA

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Elizabeth Bonilla • Desert Dunes Realty
Bought with Elizabeth Clark • Compass
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880 Roosevelt Suite 250, Irvine, California, 92620, United States

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