Description
Well maintained fourplex with pool located near the heart of downtown Desert Hot Springs including a vacant lot adjacent next door west. Add more units or ADU (Accessory Dwelling Units) potential. New roof, replastered pool and remodeled units make for an interesting mix of long term tenants and short term vacation rentals. The property consists of one 2bd/2ba unit and three studio units. The studios, offered furnished, have been successfully rented on AirBnB with Property Management included in the sale if desired. CAP rate is 5.38% with both long term tenant and short term vacation rental income. Continue with mixed use or rent all units long term. Income, expenses, rent roll and AirBnB Transaction History and website links available upon request along with details regarding ADUs. Back on the market due to buyer being unable to perform.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Well maintained fourplex with pool located near the heart of downtown Desert Hot Springs including a vacant lot adjacent next door west. Add more units or ADU (Accessory Dwelling Units) potential. New roof, replastered pool and remodeled units make for an interesting mix of long term tenants and short term vacation rentals. The property consists of one 2bd/2ba unit and three studio units. The studios, offered furnished, have been successfully rented on AirBnB with Property Management included in the sale if desired. CAP rate is 5.38% with both long term tenant and short term vacation rental income. Continue with mixed use or rent all units long term. Income, expenses, rent roll and AirBnB Transaction History and website links available upon request along with details regarding ADUs. Back on the market due to buyer being unable to perform.
Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-26T19:33:55.463. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.