66175 Acoma Avenue new Save Request In-Person Tour Request Virtual Tour
Desert Hot Springs,CA 92240
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Subdivision Desert Willow
MLS Listing ID P1-24895
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
Laundry Washer Hookup,Gas Dryer Hookup
Exterior
Parking Features Assigned
Fence Partial
Pool None
Community Features Curbs
View Y/N Yes
View Mountain(s)
Building
Lot Description Sprinklers None
Story One
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash,Cash to New Loan
Listing Terms Cash,Cash to New Loan
Special Listing Condition Standard