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66800 1st Street
Desert Hot Springs, CA 92240
Sold
Unique 10-unit apartment building with 9-studio units and one 1-1bd/1ba unit, complete with an interior pool surrounded by units and fully enclosed. Talk about privacy! Eight of the units are rented long term with all tenants on month-to month leases and two of the studio units have been rented out as short term vacation rentals with AirBnB. There are a number of variations on ownership opportunities here: Of course, it could continue as operated, or an owner could live in one unit and rent out the others with the choice of any combination of long term and short term vacation rentals. Income, expenses and the rent roll is available upon request indicating a CAP rate of 6.45% under new ownership. Also available upon request are details of the AirBnB units as well as Income Summary Statements for those units. Don't miss out on this unique opportunity.
PROPERTY INFORMATION
| MLS # | 219088741DA | Lot Size | 10,454 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 1,050,000
Price Per SqFt: $ inf |
DOM | 657 Days |
| Address | 66800 1st Street | Type | Residential Income |
| City | Desert Hot Springs | Sq.Ft. | Sq. Ft. |
| Postal Code | 92240 | Garage | N/A |
| County | Riverside | Year Built | 1965 |
| Bed / Bath | 0 / 0 | Parking | 8 |
| Built In | 1965 | Status | Closed |
| Sold Date | 2023-03-01 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Has Fireplace | No |
| Has Appliances | Yes |
| Kitchen Appliances | Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Water Line to Refrigerator, Gas Water Heater, Water Heater |
| Has Heating | Yes |
| Heating Information | Electric, Natural Gas, Forced Air, Wall Furnace |
| Room Information | See Remarks |
| Has Cooling | Yes |
| Cooling Information | Central Air, Evaporative Cooling, Wall/Window Unit(s) |
| Flooring Information | Tile |
| Has Spa | No |
EXTERIOR FEATURES
| FoundationDetails | Slab |
| Roof | Composition |
| Has Pool | Yes |
| Pool | Gunite, In Ground |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,120
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 12/31/2022 | Listed | $1,050,000 |
Topfind Realty
REALTOR®
(844)-333-8033
Questions? Contact today.
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Listing provided courtesy of Doug Fischer, Coldwell Banker Realty. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
