66800 1st Street 66800 1st Street Desert Hot Springs, California 92240 United States
66800 1st Street Desert Hot Springs, California 92240 United States
$1,050,000
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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...
- 971 m²
- Exterior
- Residential Income
- Property type
- 1965
- Year Built
- 219088741DA
- Web Id
- 219088741DA
- MLS ID
- Not Applicable-1
- Subdivision
- 30
- days ago
About 66800 1st Street
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.
Listing Courtesy of Coldwell Banker Realty
Listing Courtesy of Coldwell Banker Realty
Amenities
- Dishwasher
- Pool
- Refrigerator
features
- cooling
- Electric, Propane Heating
PROPERTY INFORMATION
- Appliances
- Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water To Refrigerator, Water Heater
- Cooling
- Central Air, Evaporative Cooling, Wall/Window Unit(s)
- Heating
- Electric, Forced Air, Natural Gas, Wall Furnace
- Parking Description
- Side By Side, Unassigned
- Pool
- Gunite, In Ground
INTERIOR
- Flooring
- Tile
ADDITIONAL INFORMATION
- Number of Units
- 10
Listing Courtesy of Coldwell Banker Realty
