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    66164 Desert View Ave

    Desert Hot Spring, CA 92240
    • $449,000
    • STATUS: Active
    • ON SITE: 37 days
    • ID#: 20-595762
    UPDATED: 53 min ago
    $449,000
    • 5
      BEDS
    • 0.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,330
      SQFT
    • $193
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1950
    County:

    School Ratings & Info

    Description

    Calling all Investors! Desert Hot Springs is on the rise. Look no further as this unique Ranch-style investor property features FOUR separate homes on a large double lot in approved taxation Opportunity Zone. All 4 homes include recent 2020 renos including new roofs, new Air Conditioning & Heating Systems, some homes have extra renovations, and each photo has a description of what was done. Gorgeous covered porches that make these homes very desirable. The property features common area solar lighting throughout w/ commercial-grade solar lighting for the driveway. Each home has easily accessible designated parking with room for additional parking if needed. All homes are separately metered for gas and electric, tenants pay those utilities on their own. Property is located inside the new tax haven Qualified Opportunity Zone (QOZ) so investors can enjoy the new tax free opportunity perks! Please read into the new amazing tax savings when purchasing in a QOZ zone. Four on a Lot. Fourplex

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-08-03T20:42:56.847. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.corrieluxuryhomes.com/homes/107252460
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    66164 Desert View Ave Desert Hot Spring, CA 92240

    • Price: $449,000
    • Status: Active
    • Updated: 53 min ago
    • ID#: 20-595762
    5
    Beds
    0
    Baths
    0
    ½ Baths
    0.3
    Acres
    2,330
    SQFT
    $193
    $/SQFT
    1950
    Built
    Neighborhood:
    Desert Hot Springs
    County:
    Riverside
    Area:
    Desert Hot Springs
    Property Description
    Calling all Investors! Desert Hot Springs is on the rise. Look no further as this unique Ranch-style investor property features FOUR separate homes on a large double lot in approved taxation Opportunity Zone. All 4 homes include recent 2020 renos including new roofs, new Air Conditioning & Heating Systems, some homes have extra renovations, and each photo has a description of what was done. Gorgeous covered porches that make these homes very desirable. The property features common area solar lighting throughout w/ commercial-grade solar lighting for the driveway. Each home has easily accessible designated parking with room for additional parking if needed. All homes are separately metered for gas and electric, tenants pay those utilities on their own. Property is located inside the new tax haven Qualified Opportunity Zone (QOZ) so investors can enjoy the new tax free opportunity perks! Please read into the new amazing tax savings when purchasing in a QOZ zone. Four on a Lot. Fourplex
    Exterior Features

    Cross Streets West Dr Direction Faces South Lot Size Area 13000 Other Structures None Parking Garage AssignedUncovered Style Ranch Total Parking 7 View Description Mountains View YN Yes

    Interior Features

    Baths Total 4.00 Common Walls Detached/No Common Walls Cooling Air Conditioning Equipment None Heating Other

    Property Features

    Assessed Total Value 138763 Gross Income 0 Gross Operating Income 37200 Insurance Expense 1200.00 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Monthly Gross Income 3100.00 Net Operating Income 28884.00 Number Of Buildings 4 Number Of Units 4 Owner Pays WaterOther Property Condition Updated/Remodeled Sale Type Standard Sewer In Street Paid Source Living Area Owner Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Tenant Pays GasElectricity Total Annual Expense 8316 Trash Expense 1308.00 Type Of Units Four Units Water Expense 1608.00 Water Heaters YN Yes Year Built Source Assessor Zoning R2

    Listing provided courtesy of Wayne Wong DRE#01995657 of Keller Williams Beverly Hills.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-08-03T20:42:56.847. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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