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66012 5th Street

Desert Hot Springs, CA 92240
  • $525,000
  • STATUS: Active
  • ON SITE: 46 Days
  • MLS #: PW22142219
UPDATED: 66 min ago
$525,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1954
County:

School Ratings & Info

Listing Agent(s): Noah Acosta of Noah James Acosta, Broker (714-482-7894)


Description

THREE INCOME PRODUCING UNITS! This is a great addition to a seasoned investors portfolio or for someone to live in on unit and rent the out the others. Just remodeled in 2022, the building has been re-piped with PEX piping and tankless water heaters. Also renovated in 2010, the property features tile roofing, windows, stucco/paint, doors (internal/external), and blinds. This is a great opportunity for someone looking for cash flow. The yard features a covered patio and storage space. Drive by only as it's currently occupied.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-15T14:35:40.21. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Brad Schmett Real Estate Group. Licensed in the State of California, USA.
www.bradschmett.net/homes/130409834
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66012 5th Street Desert Hot Springs, CA 92240

  • Price: $525,000
  • Status: Active
  • On Site: 46 Days
  • Updated: 66 min ago
  • MLS #: PW22142219
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1954
Built
Neighborhood:
Other (Othr)
County:
Riverside
Area:
340 - Desert Hot Springs
Property Description
THREE INCOME PRODUCING UNITS! This is a great addition to a seasoned investors portfolio or for someone to live in on unit and rent the out the others. Just remodeled in 2022, the building has been re-piped with PEX piping and tankless water heaters. Also renovated in 2010, the property features tile roofing, windows, stucco/paint, doors (internal/external), and blinds. This is a great opportunity for someone looking for cash flow. The yard features a covered patio and storage space. Drive by only as it's currently occupied.
Exterior Features

Carport Spaces 2 Carport YN Yes Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 1 Open Parking Spaces 2 Parking Features None Parking Total 6 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls Cooling Central Air Cooling YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Suburban Electric Expense 9600 Fuel Expense 0 Garage YN Yes Gross Income 40920 Gross Scheduled Income 40920 Insurance Expense 1875 Land Lease YN No Laundry Features Inside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New LoanConventional1031 Exchange Net Operating Income 29345 New Construction YN No Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 12875 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All UtilitiesWater Total Actual Rent 3410 Trash Expense 660 Water Sewer Expense 1032 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-15T14:35:40.21. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Brad Schmett Real Estate Group. Licensed in the State of California, USA.
 
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Brad Schmett Real Estate Group
760-880-5845
La Quinta and Palm Springs CA,
Listing Agent(s): Noah Acosta of Noah James Acosta, Broker (714-482-7894)