Price Reduced Listing
Description
Unique multifamily property for entrepreneurial first-time buyer OR established investor. C2 zoning triplex with 3 units in varying renovation stages: Unit A fully renovated, Unit B partially renovated (both 1951), Unit C new construction 2025. All feature laundry facilities (A & B: dedicated rooms; C: separate space).INCOME GENERATOR: Current $5,400/month. Next month, all units available for lease renewal--proven opportunity to increase rents from $1,800 to $2,200-2,500+/unit, projecting $7,000+/month. Potential for $14,000-16,000 annual upside immediately. 2,287 sq ft | C2 Zoning | 6,585 sq ft lot | Indio heart.HOUSE-HACK OR INVESTMENT: Perfect structure for owner-occupant subsidizing mortgage or pure investment strategy. Minimal maintenance: new Unit C, renovated Unit A. Excellent diversification with 3 independent income streams.
Details
| MLS # | 219151512DA |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1951 |
| Days On Site | 20 |
| Listing Provided By | Berkshire Hathaway HomeServices California Properties | Maria Estela Ferreira |
Features
| Car Port | Yes |
|---|---|
| Story(s) | 1 |
| Units | 3 |
| Building(s) | 1 |
| Acreage | 0.15 |
| Property View | Yes |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Central, Electric, Natural Gas |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Utility Room |
| Appliances | Electric Water Heater, Water Heater |
| Fireplace Yes / No | No |
Exterior
| Roof | Composition, Foam |
|---|---|
| Security Features | Window Bars |
Parking
| Parking Features | Attached Carport |
|---|---|
| Garage Yes / No | No |
Area Information
| State | CA |
|---|---|
| County | Riverside |
| City | Indio |
| Zip Code | 92201 |
| Area | 699 Not Defined |
| Community Name | Not Applicable 1 |
| Listing VS Median (in Not Applicable 1) | |
Price: $720,000 low | high Med: $0 On site: 20 low | high Med: | |
Market Activity 92201
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Learn More About This Property
| State | CA |
|---|---|
| County | Riverside |
| City | Indio |
| Zip Code | 92201 |
| Area | 699 Not Defined |
| Community Name | Not Applicable 1 |
| Listing VS Median (in Not Applicable 1) | |
Price: $720,000 low | high Med: $0 On site: 20 low | high Med: | |
