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13548 Caliente Drive

Desert Hot Springs, CA 92240
  • $1,142,000
  • STATUS: Active
  • ON SITE: 29 days
  • MLS #: 219064317
$1,142,000
  • 8
    BEDS
  • 0.39
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 5,120
    SQFT
  • $223
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1990
County:
Area:
N/A

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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©2021 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or KUD Properties. Based on information from the California Desert Association of Realtors as of 2021-07-30T23:35:12.017. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

Licensed in the State of California, USA
www.kudprop.com/homes/118904533
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13548 Caliente Drive Desert Hot Springs, CA 92240

  • Price: $1,142,000
  • Status: Active
  • MLS #: 219064317
8
Beds
8
Baths
0
½ Baths
0.39
Acres
5,120
SQFT
$223
$/SQFT
1990
Built
Neighborhood:
Other
County:
Riverside
Area:
N/A
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

Gated Community No Levels Ground Parking Covered Property Sub Type Apartment Total Carport Spaces 8.00 Total Covered Spaces 0.00 Total Parking Spaces 8.00 Total Uncovered Assigned Spaces 0.00 View No

Interior Features

Cooling Type Air Conditioning Fireplace No Flooring CarpetCeramic TileVinyl Heating Forced Air Rooms Other Total Fireplaces 1

Property Features

Elevator No Land Type Fee Simple Laundry Yes Laundry Equipment Own Listing Terms 1031 ExchangeCashConventionalFhaFractional Interest Lot Description Fenced Pool No Property Attached Detached Yes Sale Type Standard Security Safety 24 Hour Security Senior Community No Sewer Assessments Spa Hot Tub No Tax Mello Roos No Water Heater Yes

Listing information © 2021 California Desert Association of Realtors.
Listing provided courtesy of Elizabeth Bonilla of Desert Dunes Realty.
©2021 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or KUD Properties. Based on information from the California Desert Association of Realtors as of 2021-07-30T23:35:12.017. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

Licensed in the State of California, USA
 
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