Desert Hot Springs, CA 92240,66175 Acoma Avenue
Desert Hot Springs, CA 92240,66175 Acoma Avenue
Desert Hot Springs, CA 92240,66175 Acoma Avenue
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$475,000
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6,534 Sqft Lot
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66175 Acoma Avenue Desert Hot Springs, CA 92240

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision Desert Willow

MLS Listing ID P1-24895

HOA Y/N No

Year Built 1965

Lot Size 6,534 Sqft

Property Sub-Type Triplex

Property Description

This exceptional triplex is being delivered VACANT at Close of Escrow, offering a rare clean slate for both savvy investors and strategic owner-occupants. This full vacancy grants you immediate control to set your own rents or move in right away. The property boasts a strong Actual Cap Rate of 8.7% , positioning it as an exceptional value proposition. The triplex is divided into two separate buildings for maximum privacy and income flexibility. The spacious 2-Bedroom/1-Bath Back House is perfect for an owner-occupant, featuring a dedicated private backyard and parking access from the driveway. The two front 1-Bedroom/1-Bath units are ready for tenant placement and can significantly provide substantial income to help with mortgage payments. Enjoy the affordable, scenic lifestyle of 'California's Spa City.' This location provides access to natural hot mineral springs and offers breathtaking mountain views. A quick 10-15 minute drive connects residents to the culture, dining, and amenities of Downtown Palm Springs. For the outdoor enthusiast, it is a short drive to Joshua Tree National Park.

Location

State CA

County Riverside

Area 340 - Desert Hot Springs

Interior

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Parking Features Assigned

Fence Partial

Pool None

Community Features Curbs

View Y/N Yes

View Mountain(s)

Total Parking Spaces 3

Private Pool No

Building

Lot Description Sprinklers None

Story One

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Others

Senior Community No

Tax ID 641022018

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard


CRMLS – RECore
Listed by Anna Knauf Coldwell Banker Hallmark Realty (310) 597-9104

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Patrick Fossati

Patrick Fossati

Broker Associate | License ID: 01907255

+1(805) 910-0463

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66175 Acoma Avenue