Desert Hot Springs, CA 92240,13548 Caliente DR
Desert Hot Springs, CA 92240,13548 Caliente DR
Desert Hot Springs, CA 92240,13548 Caliente DR
12
$780,000
$789,000
1.1%
Est.Price: ?

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5,120 SqFt

13548 Caliente DR Desert Hot Springs, CA 92240

Est. payment /mo
SOLD DATE : 05/26/2020

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Key Details

Sold Price $780,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 5,120 sqft

Price per Sqft $152

Subdivision Other (Othr)

MLS Listing ID CV20070905

Sold Date 05/26/20

HOA Y/N No

Year Built 1990

Lot Size 0.390 Acres

Acres 0.39

Property Description

Marcus & Millichap is pleased to present the sale of 13548 Caliente Drive. This investment is an eight unit apartment building located in the strong rental market of Desert Hot Springs, California within the greater Inland Empire area. Built in 1990, this property features 100% one bedroom-one bath units totaling 5,120 square feet, built on a 0.39 acre lot.
Three out of the eight units have been fully renovated. The remaining units were either already in good condition, requiring minimal upgrading, or were occupied at the time of purchase and have been maintained with all necessary repairs being made.
This investment is located within walking distance of Henry Lozano Community Center and a short drive to Interstate 10 and local shopping centers, providing tenants with convenient access to entertainment and restaurants. This location offers high visibility in an area known for its strong tenancy, stable rent growth and a historically high occupancy rate.

Location

State CA

County Riverside

Area 340 - Desert Hot Springs

Interior

Laundry Community

Exterior

Parking Features Carport

Pool None

Community Features Sidewalks

Private Pool No

Building

Lot Description 6-10 Units/Acre

Sewer Other

Water Other

New Construction No

Others

Senior Community No

Special Listing Condition Standard

Lease Land No

Confidential INFO

BAC 3.0

TERMS Cash To New Loan

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

SHOW CONTACT TYPE Agent

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CRMLS Plus
Listed by MARCUS & MILLICHAP
Bought with MARCUS & MILLICHAP
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agent

Mark Witte

Agent | License ID: 02102425

+1(949) 269-7270

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