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An outstanding opportunity to acquire a set of three legal units! Two of three are being delivered vacant to increase income to market rents!! Cap rate of 10%, based on pro-forma. All units have been upgraded and are move in ready. Unit 1&2 boast 2 bed, 2 baths and the third unit is 2 bed, 1 bath in a separate building in the back. Live in one and rent the others or rent them all and make a big buck! Inside, you'll discover spacious kitchens adorned with nice countertops. The generous living rooms offer ample space, the bedrooms have beautiful barn doors, the bathrooms are in great shape. Whether you're looking to diversify your investment portfolio or execute a 1031 exchange, this location is ideal for investors seeking prime real estate opportunities with a potential of 10% cap rate. Each unit has it's own meters.
Property Type(s):
Residential Income
| Last Updated | 1/21/2025 | Tract | Not in a Development |
|---|---|---|---|
| Year Built | 1974 | Community | Desert Hot Springs |
| County | Riverside |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Desert Hot Springs |
| GARAGE | Concrete |
| HEAT | Central |
| LOT | 6534 sq ft |
| PARKING | Concrete |
| STORIES | 1 |
| SUBDIVISION | Not in a Development |
| ZONING | R3 |
Location
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Listed with Anna Sadowska
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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