Desert Hot Springs, CA 92240,Address not disclosed

$336,155

Est. payment /mo

$385,000

12.7%
Est.Price: ?

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Address not disclosed Desert Hot Springs, CA 92240

0.46 Acres Lot

SOLD DATE : 01/02/2015

Key Details

Sold Price $336,155

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Agua Dulce

MLS Listing ID 14779389PS

Sold Date 01/02/15

HOA Y/N No

Year Built 1957

Lot Size 0.459 Acres

Acres 0.4591

Property Description

Casa De Lorenzo is a mid century garden style complex located just of Palm Drive in the city of Desert Hot Springs. The complex is a converted bed and breakfast style motel permanently converted by current long term owner to long term tenancy. The property is on three separate parcels including one vacant lot currently zoned for single family residence. All units are master metered for power water and gas. Each building has it's own meter and all utilities are paid by the owner. Bill back programs are available to allow the owner to be reimbursed for utility costs. The current owner has chosen to price the utilities to the rent in order to attract tenants that are not able to initiate service on their own behalf. 66185 acoma has 3 structures, one duplex, one fourplex and one free standing unit. 66201 Acoma has two duplex structures. Acoma street was just resurfaced with new cubs and gutters. OWNER may carry an new first trust deed to a qualified buyer at low rate with $150K down.

Location

State CA

County Riverside

Area 340 - Desert Hot Springs

Interior

Interior Features Block Walls

Heating Baseboard

Flooring Tile

Fireplace No

Exterior

Garage On Street

View Y/N No

Parking Type On Street

Total Parking Spaces 12

Private Pool No

Building

Story 1

Foundation Slab

New Construction No

Others

HOA Name Casa De Lorenzo, Lawrence and Associates

Senior Community No

Tax ID UNAVAILABLE

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Dale Lawrence • Realty Executives
Bought with Dale Lawrence • Realty Executives

Rick J Lee

Agent | License ID: 02130981

+1(714) 943-1598

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