List Search

66236 4th St
Desert Hot Springs, CA 92240 Desert Hot Springs

Price Upon Request

Apartments For Sale  •  1,200 SF

Property Details

  • Property Type Apartments
  • Total Building Size 1,200 SF
  • Lot Size 0.15 AC
  • Building Class C
  • Year Built 1951
  • Zoning R1
33 Transit Score
53 Walk Score

Highlights

ProForma CAP Rate of 12.45%. The ProForma CAP Rate will be realized by bringing rents to current market rates and by building planned SFR.
ProForma GRM of 4.67 with a current GRM of 9.17 / Property possesses an attractive unit mix consisting of Two (2) One-Bedroom / One-Bathroom Units.
Seller has site plans to rebuild a two- bedroom SFR at the rear of the property. / The property is 100% occupied with long term tenants.
Just 25 miles from The Coachella Valley History Museum, College of the Desert, Riverside County Fairgrounds, & Many Major Retailers.
Property is located within minutes from Direct Access to the I-10 Freeway.
Desert Hot Springs is easily connected to the major traffic areas, with an easy access for visitors and residents.

Public Transportation

Commuter RailDriveWalkDistance
Palm Springs Amtrak (Sunset Limited - Amtrak, Texas Eagle - Amtrak) 14 min - 7.5 mi
AirportDriveWalkDistance
Palm Springs International 18 min - 9.6 mi