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    13548 Caliente Drive

    Desert Hot Springs, CA 92240
    • $1,142,000
    • STATUS: Active
    • ON SITE: 82 days
    • ID#: 219064317PS
    $1,142,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1990
    County:

    School Ratings & Info

    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.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-22T00:28:19.707. 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 Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
    www.sellinglasouthbay.com/homes/118916352
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    13548 Caliente Drive Desert Hot Springs, CA 92240

    • Price: $1,142,000
    • Status: Active
    • ID#: 219064317PS
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1990
    Built
    Neighborhood:
    Other
    County:
    Riverside
    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.
    Exterior Features

    Carport Spaces 8 Carport YN Yes Number Of Separate Electric Meters 8 Open Parking Spaces 0 Parking Features Covered Parking Total 8 Property Attached YN Yes

    Interior Features

    Appliances Water Heater Flooring CarpetTileVinyl Heating Forced Air Heating YN Yes

    Property Features

    Exclusions Seller is Willing To Provide 60 Day Notice in Transition & Service Of The New Owner. Garage YN No Inclusions The Facility Has A Laundry Room Shared By Tenants. Rents Are LowApproximately $6600.00 Per Month. Rents in The Area Range From $1100 - $1250 For A 1 Bedroom 1 Bath Apartment Depending On The Units Updates. Land Lease YN No Listing Agreement Seller Reserved Listing Service Full Service Listing Terms CashConventional1031 ExchangeFha Number Of Separate Gas Meters 8 Number Of Separate Water Meters 1 Rent Control YN No Security Features 24 Hour Security Senior Community YN No Special Listing Conditions Standard

    Listing provided courtesy of Elizabeth Bonilla of Desert Dunes Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-22T00:28:19.707. 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 Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
     
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    Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay
    23670 Hawthorne Blvd. #100
    Torrance CA, 90505