66124 Acoma Avenue

Desert Hot Springs, CA 92240

$650,000
Price
5
Beds
3
Baths
2,096 Sq. Ft.
$310 / Sq. Ft.
2,096
Sq. Ft.
$310
per Sq. Ft.

Description

Cap rate of almost 10% ($6k per month rent), based on pro-forma. An outstanding opportunity to acquire a set of three legal units! Two of three are rented ($4k) and one delivered vacant worth another $2k. All units have been upgraded and are move in ready. Unit 1&2 boast 2 bed, 2 baths and the third unit is 2 bed, 1 bath in a separate building in the back. Live in one and rent the others or rent them all and make a big buck! Inside, you'll discover spacious kitchens adorned with nice countertops....Cap rate of almost 10% ($6k per month rent), based on pro-forma. An outstanding opportunity to acquire a set of three legal units! Two of three are rented ($4k) and one delivered vacant worth another $2k. All units have been upgraded and are move in ready. Unit 1&2 boast 2 bed, 2 baths and the third unit is 2 bed, 1 bath in a separate building in the back. Live in one and rent the others or rent them all and make a big buck! Inside, you'll discover spacious kitchens adorned with nice countertops. The generous living rooms offer ample space, the bedrooms have beautiful barn doors, the bathrooms are in great shape. 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.
  1. Listed by Anna Sadowska • DRE #01701469 • Brokerage DRE #01701469 • Crissanna Luxury Real Estate

Property Details for 66124 Acoma Avenue

Zoning
R3
Parcel Number
641021035
Total Units
3.0
Living Area
2096
Source Living Area
Vendor Enhanced
Area
Desert Hot Springs (340)
Subdivision Name
Not in a Development
Vacancy Rate
yes
LISTING UPDATED: 03/18/2025 02:03 PM

Property Details for 66124 Acoma Avenue

StatusActive
MLS #25-487095
Days on Market64
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1974
Lot Size0.15 AC / 6,534 SF
CountyRiverside County

Building Information for 66124 Acoma Avenue

Stories1Residences-Year Built1974Building Size-Lot Size0.15 AC / 6,534 SF

Property Information for 66124 Acoma Avenue

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
  • Builders Tract Name: Not in a Development
  • Builders Tract Code: Not in a Development
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: 2 att, 1 det
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $78,000
  • Net Operating Income: $78,000.00
  • Gross Income: $6,500
  • Cap Rate: 10.00%
  • Gross Rent Multiplier: $8.30
  • Owner Pays: Water
  • Total Annual Expense: 10250
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.15
  • Lot Size Square Feet: 6534
Parking Details
Parking Details
  • Parking Garage: Driveway - Concrete
  • Total Parking: 4
  • Open Other Spaces Total: 4
  • Parking Features: Concrete
Interior Features
Interior Features
  • Levels: One
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Equipment: Gas Or Electric Dryer Hookup
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 01-21-2025
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,200.00
  • Unit Actual Rent: $1,975.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,200.00
  • Unit Actual Rent: $1,952.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,100.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $384,948.00
  • Assessed Improvement Percent: 85.06
  • Assessed Land Value: $67,626.00
  • Assessed Land Percent: 14.94
  • Assessed Total Value: $452,574.00

Property History for 66124 Acoma Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 66124 Acoma Avenue

Taxable ValueLand$67,626Additions$384,948Total$452,574
Tax Record2024$7,084 ($590 / month)
Home Facts
Baths3.5Total Finished SqFt1,536 SqFtAbove Grade Finished SqFt1,536 SqFtStories1Lot Size6,534 SqFtStyleTriplexYear Built1947ZoningR3CountyRIVERSIDEAPN641-021-035Fireplace TypeHas Fireplace

Schools near 66124 Acoma Avenue

This home is within Palm Springs Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Two Bunch Palms Elementary School
PublicK to 5

Painted Hills Middle School
Public6 to 8

Desert Hot Springs High School
Public9 to 12

Bella Vista Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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66124 Acoma Avenue is a multi-family home for sale in Desert Hot Springs, CA 92240. This property was listed for sale on January 21, 2025 by Crissanna Luxury Real Estate, it's currently listed at $650,000. It has been on the market for a total of 64 days and was last sold on May 27, 2022. This listing's school district is Palm Springs Unified School District. Nearby schools include Two Bunch Palms Elementary School, Painted Hills Middle School and Desert Hot Springs High School. 66124 Acoma Avenue is a 5-bed, 3-bath, 2,096 sqft multi-family home built in 1974.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Crissanna Luxury Real Estate, Anna Sadowska, DRE #01701469

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.