Desert Hot Springs, CA 92240,13405 Ocotillo RD
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Desert Hot Springs, CA 92240,13405 Ocotillo RD
Desert Hot Springs, CA 92240,13405 Ocotillo RD
Desert Hot Springs, CA 92240,13405 Ocotillo RD
Desert Hot Springs, CA 92240,13405 Ocotillo RD
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Michael Humphries

Michael Humphries

+1(562) 278-0822
$ 1,500,000
Est. payment /mo
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Active

13405 Ocotillo RD Desert Hot Springs, CA 92240

0.4 Acres Lot

UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SW25109855

HOA Y/N No

Year Built 1987

Lot Size 0.400 Acres

Property Sub-Type Apartment

Property Description

Introducing Diva in the Desert - a prime investment opportunity located at 13405 Ocotillo Road, Desert Hot Springs, CA 92240. This multifamily property features 8 solidly built units, each boasting 2 bedrooms, 1 bath, and approximately 900 sqft of space. With washer-dryer connections, dishwashers, and spacious patios/balconies in each unit, the property offers a comfortable living experience. Strategically situated near the I-10 freeway and close to shopping and employment hubs, this gem built in 1987 presents a lucrative value-add prospect for an owner-operator. Highlights include the potential for income growth through additional parking, pet rent, and new amenities. The property's ideal apartment size caters to various households, ensuring steady demand. This long-term income generator also sets the stage for a high ROI fix-and-flip venture. Don't miss the chance to own a piece of the desert's charm with Diva in the Desert.

Location

State CA

County Riverside

Area 340 - Desert Hot Springs

Zoning R3

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry Washer Hookup, In Kitchen, See Remarks

Exterior

Parking Features Assigned, Driveway Level, Door-Single, Garage, On Site, Private, Shared Driveway, Garage Faces Side, Side By Side

Garage Spaces 8.0

Garage Description 8.0

Fence Block, Stucco Wall

Pool None

Community Features Biking, Suburban

Roof Type Tile

Total Parking Spaces 16

Private Pool No

Building

Lot Description 6-10 Units/Acre, Desert Front, Level, Rectangular Lot, Street Level

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 641271010

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

CRMLS – RECore
Listed by Robyn Wonnell KW Temecula 951 501-6567
SCHOOLSPROPERTIES
Elementary Schools 5
  • 5

    Bubbling Wells Elementary School

    Public | KG - 5

  • 4

    Two Bunch Palms Elementary School

    Public | KG - 5

  • 4

    Bella Vista Elementary School

    Public | KG - 5

  • 4

    Cabot Yerxa Elementary School

    Public | KG - 5

  • 1

    Julius Corsini Elementary School

    Public | KG - 5

Middle Schools 2
  • 3

    Desert Springs Middle School

    Public | 6 - 8

  • 2

    Painted Hills Middle School

    Public | 6 - 8

High Schools 1
  • 4

    Desert Hot Springs High School

    Public | 9 - 12

School and business data provided by Attom Data.
Michael Humphries

Michael Humphries

Agent | License ID: 02108361

+1(562) 278-0822

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13405 Ocotillo RD