CA > Desert Hot Springs > Not In A Development
Desert Hot Springs, CA 92240,13855 Verbena DR
Desert Hot Springs, CA 92240,13855 Verbena DR
Desert Hot Springs, CA 92240,13855 Verbena DR
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John Herkenrath

John Herkenrath

+1(310) 221-2910
$595,000
Est. payment /mo
5 Beds
4 Baths
2,012 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,012 sqft

Price per Sqft $295

Subdivision Not In A Development

MLS Listing ID 25530577

Bedrooms 5

HOA Y/N No

Year Built 1984

Lot Size 7,840 Sqft

Property Description

Cap rate of 7.3%, $4350 per month current total rent. Garage work has started to be converted into another unit (1bed), potentially bringing additional rent $$! An outstanding opportunity to acquire a set of units already rented at almost top rent value but still with room for increase. Both units have been updated and cleaned up. Unit A boast 3 bed, 2 baths and unit B is 2 bed, 2 bath with a separate entrance in the back. Inside, you'll discover spacious kitchens adorned with nice countertops. The generous living rooms offer ample space, the bedrooms have beautiful wood doors & the bathrooms are in good shape. Extra space on the roof via spiral staircase for the beautiful view of the valley and mountains. Whether you're looking to diversify your investment portfolio or execute a 1031 exchange, this location is ideal for investors seeking prime real estate opportunities with a potential of 10% cap rate. Each unit has it's own meters. Make a buck while doing nothing. Good part of DHS! Property is gated.

Location

State CA

County Riverside

Area 340 - Desert Hot Springs

Zoning R2

Rooms

Other Rooms Shed(s)

Interior

Interior Features Ceiling Fan(s)

Heating Central

Cooling Central Air

Fireplace No

Appliance Disposal

Exterior

Parking Features Concrete, Door-Multi, Garage

Attached Garage Yes

Total Parking Spaces 4

Building

Story 1

Entry Level One

Level or Stories One

Additional Building Shed(s)

New Construction No

Others

Senior Community No

Tax ID 641321018

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Anna Sadowska • Crissanna Luxury Real Estate
agent-avatar

"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

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