Desert Hot Springs, CA 92240,11583 Cactus DR
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Desert Hot Springs, CA 92240,11583 Cactus DR
Desert Hot Springs, CA 92240,11583 Cactus DR
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11583 Cactus DR Desert Hot Springs, CA 92240

9,583 Sqft Lot


UPDATED:

11/01/2024 05:40 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Not Applicable-1

MLS Listing ID 219111516DA

HOA Y/N No

Year Built 1956

Lot Size 9,583 Sqft

Property Description

Do not disturb tenants. Contact Broker for any additional informationUnit 1: Completely remodeled 3 bed 2 bath unit. $2,200.00 per month Unit 2: Two bed One bath: $ 1,200.00 per month Unit 3: Studio : $690.00 per monthCurrent monthly gross income: $4,090.00( Yearly: $49,080.00) Rental proformaUnit 1: $ 2,400.00Unit 2: $ 1,800.00Unit 3: $ 1,200.00 Monthly gross rental income: $ 5,400.00 (per year: $64,800.00) Expenses: Gas: $847.44 per year Edison: $20.00 per year Water: $211.12 per year Trash: $163.48 per year Property insurance: $3,000.00 Expense total including re assessed property taxes: $25,565.28 Proforma NOI: $39,234.72Proforma CAP: 6.2%Property is equipped with SolarThis property can can also be purchased with 12800 Quinta Way Desert Hot Springs.

Location

State CA

County Riverside

Area 340 - Desert Hot Springs

Zoning R-3

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Garage Other

Carport Spaces 3

View Y/N Yes

View Mountain(s)

Parking Type Other

Total Parking Spaces 6

Private Pool No

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 639221049

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Anthony Caronna • Equity Union

Rick Lee

Team Leader | License ID: 02130981

+1(714) 943-1598

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11583 Cactus DR