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$1,500,000
Est. payment /mo
7,455 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 7,455 sqft
Price per Sqft $201
MLS Listing ID CRSW25109912
HOA Y/N No
Year Built 1987
Lot Size 0.400 Acres
Acres 0.4
Property Sub-Type Comm Ind For Sale
Property Description
Introducing Diva in the Desert - a prime investment opportunity located at 13405 Ocotillo Road, Desert Hot Springs, CA 92240. This multifamily property features 8 solidly built units, each boasting 2 bedrooms, 1 bath, and approximately 900 sqft of space. With washer-dryer connections, dishwashers, and spacious patios/balconies in each unit, the property offers a comfortable living experience. Strategically situated near the I-10 freeway and close to shopping and employment hubs, this gem built in 1987 presents a lucrative value-add prospect for an owner-operator. Highlights include the potential for income growth through additional parking, pet rent, and new amenities. The property's ideal apartment size caters to various households, ensuring steady demand. This long-term income generator also sets the stage for a high ROI fix-and-flip venture. Don't miss the chance to own a piece of the desert's charm with Diva in the Desert.
Location
State CA
County Riverside
Interior
Heating None
Fireplace No
Exterior
Total Parking Spaces 8
Building
New Construction No
Others
Tax ID 641271010
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Listed by Robyn Wonnell • KW Temecula
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