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    66164 Desert View Avenue

    340 - Desert Hot Springs, CA 92240
    • $449,000
    • STATUS: Active Under Contract
    • ON SITE: 94 days
    • ID#: 20595762
    Under Contract
    UPDATED: 70 min ago
    $449,000
    • 0
      BEDS
    • 0.29
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    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

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-29T21:29:34.21. 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 Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.

    www.legacy15.com/homes/107251585
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    66164 Desert View Avenue 340 - Desert Hot Springs, CA 92240

    • Price: $449,000
    • Status: Active Under Contract
    • Updated: 70 min ago
    • ID#: 20595762
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.29
    Acres
    1950
    Built
    Neighborhood:
    340 - Desert Hot Springs
    County:
    Riverside
    Area:
    340 - 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

    Architectural Style Ranch Direction Faces South Lot Size Dimensions 100X130 Lot Size Units Square Feet Parking Features AssignedUncovered Parking YN Yes View Mountain(S) View YN Yes

    Property Features

    Country Us Gross Income 0.00 Gross Multiplier 12.07 Gross Operating Income 37200.00 Insurance Expense 1200.00 Net Operating Income 28884.00 New Taxes Expense 4200.00 Property Condition Updated/Remodeled Senior Community YN No Special Listing Conditions Standard Tenant Pays GasElectricity Total Expenses 8316.00 Trash Expense 1308.00 Vacancy Allowance Rate 0.00 Water Sewer Expense 1608.00 Zoning R2

    Listing provided courtesy of Wayne Wong of Keller Williams Beverly Hills and Laurent Louvet of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-29T21:29:34.21. 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 Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.

     
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