For more information regarding the value of a property, please contact us for a free consultation.
66718 8th ST Desert Hot Springs, CA 92240
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $490,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-1
MLS Listing ID 219057129DA
Sold Date 03/17/21
HOA Y/N No
Year Built 1977
Property Description
Amazing income producing oppurtunity! Located high in the 'Spa Zone' neighborhood, this outstanding 4plex has a new roof, decking, city sewer connection and water line connection in last two years. Well maintained and managed complex, maintenance was done consistently and pride of ownership shows. Long term residents lease property with historically no defaults on payment. Renovated in 2012 with solid cabinetry, granite countertops and flooring makes for attractive, well built complex. Each unit has own appliances including washer/dryer refrigerator and off street parking. Presently unit lease is $925/month which is comparatively low. Identical complex adjacent to selling property fees over $1000/unit without renovation status. Present owners have maintained low fees because of quality of tenants.This amazing opportunity will go fast!
Location
State CA
County Riverside
Area 340 - Desert Hot Springs
Interior
Heating Forced Air
Fireplace No
Exterior
Garage On Street, Side By Side
View Y/N Yes
View Mountain(s)
Parking Type On Street, Side By Side
Total Parking Spaces 4
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 639154013
Acceptable Financing Cash, Cash to New Loan, Conventional, Submit
Listing Terms Cash, Cash to New Loan, Conventional, Submit
Financing Conventional
Special Listing Condition Standard
Read Less
Bought with Jose Marin • Marin Realty Group