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66919 San Rafael

Desert Hot Springs, CA 92240
  • $1,050,000
  • STATUS: ACTIVE
  • ON SITE: 72 Days
  • ID#: 230018898
UPDATED: 76 min ago
$1,050,000
  • 5
    BEDS
  • N/A
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
County:

School Ratings & Info

Description

INVESTMENT OPPORTUNITY!! - Beautiful 5-unit apartment complex with adjacent vacant lot located above Mission Lakes Blvd in DHS. 2 combined parcels for property. Bldg. #66919 = (3) 800 sq. ft. 1 bed 1 bath units plus (1) laundry room. Bldg. #66921 = (1) 800 sq. ft. unit 1 bed 1 bath and (1) 930 sq. ft. main unit which has 1 bed 2 baths with fireplace & garage (currently used as storage unit) All units currently rented. All units surround a lushly landscaped courtyard with pool, spa and gazebo. All electric property with 5 separate meters. Water bill for all units paid by landlord. Sewer paid in street. Well maintained with terrific views from high up in DHS. Property is adjacent to a storm drain so there isn't any property directly behind. The vacant lot next door is also included in sale at a price of $65,000.00. Units viewable ONLY with accepted offer. Bring your offers today so you won't miss out on this terrific addition to your investment portfolio. Broker/Agent does not guarantee accuracy of square footage, lot size, zoning, rent control, permits, use code, schools and/or other information concerning the conditions or features of the property provided by the seller or obtained from public records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.gellens.com/homes/143751398
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66919 San Rafael Desert Hot Springs, CA 92240

  • Price: $1,050,000
  • Status: ACTIVE
  • On Site: 72 Days
  • Updated: 76 min ago
  • ID#: 230018898
5
Beds
6
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Riv Cty-Desert Hot Spri (92240)
County:
Riverside
Area:
Riv Cty-Desert Hot Spri (92240)
Property Description
INVESTMENT OPPORTUNITY!! - Beautiful 5-unit apartment complex with adjacent vacant lot located above Mission Lakes Blvd in DHS. 2 combined parcels for property. Bldg. #66919 = (3) 800 sq. ft. 1 bed 1 bath units plus (1) laundry room. Bldg. #66921 = (1) 800 sq. ft. unit 1 bed 1 bath and (1) 930 sq. ft. main unit which has 1 bed 2 baths with fireplace & garage (currently used as storage unit) All units currently rented. All units surround a lushly landscaped courtyard with pool, spa and gazebo. All electric property with 5 separate meters. Water bill for all units paid by landlord. Sewer paid in street. Well maintained with terrific views from high up in DHS. Property is adjacent to a storm drain so there isn't any property directly behind. The vacant lot next door is also included in sale at a price of $65,000.00. Units viewable ONLY with accepted offer. Bring your offers today so you won't miss out on this terrific addition to your investment portfolio. Broker/Agent does not guarantee accuracy of square footage, lot size, zoning, rent control, permits, use code, schools and/or other information concerning the conditions or features of the property provided by the seller or obtained from public records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals.
Exterior Features

Construction FrameStucco Exterior All Auto SprinklersFully Landscaped Parking Spaces

Interior Features

Cooling Heat Pump Laundry Owned Sq Ft Of Improvement 4125 Stories 1 Story

Property Features

Actual Gross Scheduled Income 53436.0 Actual Operating Expense 14962 Assumable Finance 0 Buildings 2 Existing Financing ConventionalFha Financial Information Source Owner Gross Equity 0 Gross Multiplier 19.6 Have Have Mandatory Remarks None Known Motive Want 5 Unit Income Special Sellers Are Re Licensees Sq Ft Source Tax Record Unit Number1 5 Unit Type 2 On A Lot3 On A Lot

San Diego MLS logo Listing provided courtesy of Richard Macmillan of Homesmart Professionals: 760-574-2299. Listing information © 2023 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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Maxine & Marti Gellens | Berkshire Hathaway HomeServices California Properties
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