66351 1st Street, Desert Hot Springs, CA 92240

$299,900 Approx. USD 0 beds, 0 baths

Agent Remarks

Investors Special***Five unit All Adobe walled energy-efficient complex with new gas wall heaters & newly refurbished kitchen in largest unit. ALL flooring is easy care ceramic tile. Complex is close to everything: Schools, stores, library, Civic Center, restaurants, skate park, bus line-- all easy walking distance. These FULLY OCCUPIED, easy-to-rent units have LOTS OF RENTAL UPSIDE! Built on 1 of 2 lots with second lot currently used for unassigned tenant parking. May be possible to build on 2nd lot. Buyer to check with DHS Bldg Dept. and to verify square footage. Current Gross Scheduled Inc $31,440 w/Net $20,643, Gross Multiplier 9.54 and CAP Rate of 6.88!!

Listing Details

Property type: (Multi-Family)
Status: Pending
MLS# SW16036422
List price is $299,900
Beds: 0
Baths: 0
None fireplaces
Built in 1946
1 stories
0.31 acres
Lot size: 13600.000
County: Riverside
Property style: Spanish
Zoning: TR
Interior features: Beamed Ceilings,Block Walls,Bathtub,Ceiling Fan,Laminate Counters,Low Flow Toilet(s),Shower,Shower in Tub
Appliances: Free Standing Range,Gas Range,Gas Water Heater,Refrigerator
Parking description: Off Street,On Site,See Remarks,Unassigned,Uncovered
Heating description: Natural Gas,See Remarks,Wall Heater
MLS area: 340 - Desert Hot Springs

Last Updated: 10/14/2016

 Find more Desert Hot Springs homes and real estate

 Find more homes in 92240 zip code

This listing belongs to the 340 - Desert Hot Springs MLS area

The style of this listing is Spanish.
Find more Spanish style homes for sale

The listing is zoned TR.
View more listings zoned TR

Lat/Long: 33.962108, -116.503929.
Find nearby listings

Broker: Courtesy of Real Estate eBroker
Listing Agent: Karen Pride

Area Map

Nearby Schools

Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

Similar Listings