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    12875 Parma Dr

    Desert Hot Springs, CA 92240
    • $640,000
    • STATUS: Active Under Contract
    • ON SITE: 82 days
    • MLS #: 21-728220
    Under Contract
    $640,000
    • 8
      BEDS
    • 0.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,300
      SQFT
    • $194
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1986
    County:

    School Ratings & Info

    Description

    Great investment property with long term tenants. There are a total of 4 units each consisting of 2 bedrooms, 2 baths and fireplaces and are approximately 825 S.F. in size. They all have an indoor laundry area with washer and dryer hookups as well. Newer A/C and some updates to some of the roofing. Some units have been recently been painted with newer appliances. Rents are below market in all units with potential for much higher monthly income. DRIVE BY ONLY WITH INSPECTION ALLOWED AFTER ACCEPTED OFFER. DO NOT ENTER PROPERTY OR DISTURB TENANTS.

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-27T23:42:33.61. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.desertarealuxuryhomes.com/homes/116844346
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    12875 Parma Dr Desert Hot Springs, CA 92240

    • Price: $640,000
    • Status: Active Under Contract
    • MLS #: 21-728220
    8
    Beds
    0
    Baths
    0
    ½ Baths
    0.22
    Acres
    3,300
    SQFT
    $194
    $/SQFT
    1986
    Built
    Neighborhood:
    Desert Hot Springs
    County:
    Riverside
    Area:
    Desert Hot Springs
    Property Description
    Great investment property with long term tenants. There are a total of 4 units each consisting of 2 bedrooms, 2 baths and fireplaces and are approximately 825 S.F. in size. They all have an indoor laundry area with washer and dryer hookups as well. Newer A/C and some updates to some of the roofing. Some units have been recently been painted with newer appliances. Rents are below market in all units with potential for much higher monthly income. DRIVE BY ONLY WITH INSPECTION ALLOWED AFTER ACCEPTED OFFER. DO NOT ENTER PROPERTY OR DISTURB TENANTS.
    Exterior Features

    Direction Faces East Entry Location Living Room Exterior Construction Stucco Levels Two Lot Size Area 9583 Other Structures None Parking Garage Private Pool Description None Pool YN No Roof AsphaltComposition Spa None Spa YN No Style Contemporary Total Parking 6 View Description City LightsMountains View YN Yes

    Interior Features

    Baths Total 8.00 Cooking Appliances Range Cooling Central Equipment DishwasherRange/Oven Flooring CarpetVinyl Heating Forced Air Laundry In Unit Water Heater Features Gas Windows Vertical BlindsMini Blinds

    Property Features

    Assessed Total Value 329600 Gross Income 41760 Gross Operating Income 41760 Land Lease Type Fee Like Units1 1 Net Operating Income 23213.00 Number Of Buildings 1 Number Of Units 4 Owner Pays WaterGardenerOther Property Condition Repair Cosmetic Sale Type Standard Sewer In Street Paid Source Living Area Assessor Source Lot Size Area Assessor Tenant Pays ElectricityCable TvGas Total Annual Expense 18547 Type Of Units Apartments Water District Water Heaters YN Yes Year Built Source Assessor Zoning Tr

    Listing provided courtesy of Kent Dewey DRE#01455865 of Four Winds Realty, Inc.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-27T23:42:33.61. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    The Sandi Phillips Team | Compass
    74199 El Paseo, Suite 200
    Palm Desert CA, 92260