Sold for $505,000

Listed by: REALTY ONE GROUP HOMELINK • MARITZA GUTIERREZ • Contact: 951 588-3889

Bought with: REALTY ONE GROUP HOMELINK

$505,000

15160 Via Montana, Desert Hot Springs, CA 92240

5beds

3baths

2,690sqft

Triplex

Built in 1959

-- sqft lot

$538,300 Zestimate^®

$188/sqft

$2,092 Estimated rent

Home value

$538,300

$495,000 - $587,000

$2,092/mo

Zestimate^® history

Owner options

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$2,092/mo

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$2,092/mo

Rent Zestimate^®

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$3,242/mo

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$3,242/mo

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What's special

EXCELLENT OPORTUNITY TO OWN THIS RENTAL INCOME PROPERTY. It's a very good monthly/yearly income, great Investment with a 8% cap rate. can get this cap rate no where, palm Springs is 4,5 Cap Rate. 3 units describe as the first unit is 3/1 = 3 bed, one full bath, second unit 1/1 = one bed, one full bath, third unit is 1/1 = one bed, one full bath. off street parking 6 spaces, Property build on 1958 but fully remodeled on 2015, Good condition This property has Lots of potential!!!!! Do not miss this opportunity There is nothing like this on the market inventory is very Low. Property is offered "as-is" as!!! Seller is very motivated.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3

Appliances

Laundry: Electric Dryer Hookup, Gas Dryer Hookup

Features

Has fireplace: Yes
Fireplace features: Family Room
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 2,690
Total interior livable area: 2,690 sqft

Property

Parking

Total spaces: 6
Uncovered spaces: 6

Features

Levels: One
Stories: 1
Entry location: Front
Pool features: None

Lot

Size: 7,405 Square Feet
Features: Back Yard, No Landscaping

Details

Parcel number: 656102028
Zoning: W-2
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex

Condition

New construction: No
Year built: 1959

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Park
Subdivision: ,Dos Palmas Tr Unit 6

Location

Region: Desert Hot Springs

Financial & listing details

Price per square foot: $188/sqft
Date on market: 8/8/2023
Cumulative days on market: 111 days
Listing terms: Cash,Conventional,1031 Exchange,FHA,Submit,VA Loan
Total actual rent: 49200
Tenant pays: Other

Price history

Date	Event	Price
1/23/2024	Sold	$505,000+1.4%$188/sqft
Source: CRMLS #IV23146429 Report a problem
12/28/2023	Contingent	$498,000$185/sqft
Source: CRMLS #IV23146429 Report a problem
11/18/2023	Listed for sale	$498,000+214.2%$185/sqft
Source: CRMLS #IV23146429 Report a problem
3/11/2016	Sold	$158,500+98.1%$59/sqft
Source: Public Record Report a problem
1/23/2015	Sold	$80,000-5.9%$30/sqft
Source: Public Record Report a problem
12/23/2014	Pending sale	$85,000$32/sqft
Source: Windermere Real Estate Coachella Valley #14760311PS Report a problem
11/14/2014	Price change	$85,000-5.5%$32/sqft
Source: Desert Area Commercial #14760311PS Report a problem
7/5/2014	Pending sale	$89,900$33/sqft
Source: Windermere Real Estate Coachella Valley #14760311PS Report a problem
5/15/2014	Listed for sale	$89,900$33/sqft
Source: Bennion and Deville Fine Homes SoCal, Inc. #14760311PS Report a problem