66949 Terrace Way,Desert Hot Springs, CA 92240
Desert Hot Springs, CA 92240
Description
Fully occupied income producing 4-plex offering an excellent multifamily investment opportunity in Desert Hot Springs! 66949 Terrace Way features four individual units with a total of 5 bedrooms and 4 bathrooms, providing an established income-producing property for an investor looking to expand their rental portfolio. With all four units currently occupied, this property offers immediate rental income and the opportunity to acquire an existing multifamily asset in the growing Coachella Valley. Conveniently located near shopping, dining, schools, and everyday services, with easy access to Palm Springs and surrounding desert communities. Don't miss this opportunity to add a fully occupied four-unit property to your investment portfolio. Buyer to verify all property information, including square footage, unit configuration, rents, expenses, permits, and intended uses.
Details
| MLS # | 219152564DA |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1965 |
| Days On Site | 65 |
| Listing Provided By | Equity Union | Kristopher Maddock |
Features
| Story(s) | 1 |
|---|---|
| Units | 4 |
| Building(s) | 1 |
| Acreage | 0.34 |
Interior
| Cooling | Wall Window Units |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Fireplace Yes / No | No |
Parking
| Parking Features | Driveway |
|---|---|
| Garage Yes / No | No |
Utilities
| Sewer | Unknown |
|---|
Area Information
| State | CA |
|---|---|
| County | Riverside |
| City | Desert Hot Springs |
| Zip Code | 92240 |
| Area | 340 Desert Hot Springs |
| Community Name | Not Applicable 1 |
| Listing VS Median (in Not Applicable 1) | |
Price: $590,000 low | high Med: $399,000 On site: 65 low | high Med: 107 | |
Market Activity 92240
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Learn More About This Property
| State | CA |
|---|---|
| County | Riverside |
| City | Desert Hot Springs |
| Zip Code | 92240 |
| Area | 340 Desert Hot Springs |
| Community Name | Not Applicable 1 |
| Listing VS Median (in Not Applicable 1) | |
Price: $590,000 low | high Med: $399,000 On site: 65 low | high Med: 107 | |
