13405 Ocotillo RD Active

Desert Hot Springs,CA 92240

$ 1500000

16 Beds

8 Baths

7455 SqFt


Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 7,455 sqft

Price per Sqft $201

MLS Listing ID SW25109960

Bedrooms 16

Full Baths 8

Year Built 1987

Lot Size 0.400 Acres

Property Sub-Type Mixed Use

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 None

Cooling Central Air

Fireplaces Type None

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

View Y/N Yes

View Courtyard,Desert,Neighborhood

Roof Type Tile

Building

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

Dwelling Type Mixed Use

Story 2

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Palm Springs Unified

Others

Acceptable Financing Cash,Cash to New Loan,1031 Exchange

Listing Terms Cash,Cash to New Loan,1031 Exchange

Special Listing Condition Standard

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