$ 630,000
11583 Cactus DR Desert Hot Springs, CA 92240
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 630,000
Est. payment /mo
Active
11583 Cactus DR Desert Hot Springs, CA 92240
9,583 Sqft Lot
UPDATED:
11/06/2024 06:19 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Not Applicable-1
MLS Listing ID 219111516DA
HOA Y/N No
Year Built 1956
Lot Size 9,583 Sqft
Property Description
Do not disturb tenants. Contact Broker for any additional informationUnit 1: Completely remodeled 3 bed 2 bath unit. $2,200.00 per month Unit 2: Two bed One bath: $ 1,200.00 per month Unit 3: Studio : $690.00 per monthCurrent monthly gross income: $4,090.00( Yearly: $49,080.00) Rental proformaUnit 1: $ 2,400.00Unit 2: $ 1,800.00Unit 3: $ 1,200.00 Monthly gross rental income: $ 5,400.00 (per year: $64,800.00) Expenses: Gas: $847.44 per year Edison: $20.00 per year Water: $211.12 per year Trash: $163.48 per year Property insurance: $3,000.00 Expense total including re assessed property taxes: $25,565.28 Proforma NOI: $39,234.72Proforma CAP: 6.2%Property is equipped with SolarThis property can can also be purchased with 12800 Quinta Way Desert Hot Springs.
Location
State CA
County Riverside
Area 340 - Desert Hot Springs
Zoning R-3
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Garage Other
Carport Spaces 3
View Y/N Yes
View Mountain(s)
Parking Type Other
Total Parking Spaces 6
Private Pool No
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 639221049
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
Listed by Anthony Caronna • Equity Union