13405 Ocotillo Road , Desert Hot Springs, CA 92240 (Riverside County)

Size: 0.4 Acres

Type: House

Home: 16 beds - 8 full baths - 7,455 Sq Ft

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Commercial/Residential - Desert Hot Springs, CA

PRICE DROP! 8 Apartment Homes. All 2 Bedroom, 1 Bathroom. Large Lot. Very Nice Floor Plan. All have individual garages. All have full sized washer dryers in kitchens. Dishwashers in all but one kitchen. Extra Parking being added for additional revenue not included in figures. Updates to exterior in process. Ideal for move up buyers from duplexes, triplexes and fourplexes. Room for value and cash flow improvement upon turnover. Nice area near similar, and high end apartments. Built in 1987 so the layout is very good. Additional media available upon completion of upgrades. May not last long however. Ideal investment for hands on owner operator. Value Add for Long Term Income or Fix and Flip for fast return. POSSIBLE SELLER FINANCING. FINANCIAL FIGURES REFLECT CURRENT ROUTINE EXPENSES, CURRENT RENTAL INCOME AND FUTURE TAXES.

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