13405 Ocotillo Road, Desert Hot Springs, California 92240, Desert Hot Springs, 92240 - 16 bed, 8 bath
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Desert Hot Springs, California 92240
Analysis of 13405 Ocotillo Road, Desert Hot Springs, California 92240 is currently available with a list price of $1,500,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Desert Hot Springs Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1987, this multifamily property is aged but appears functional. The images reveal dated interiors, particularly in the kitchen (older cabinets, white appliances, laminate countertops, linoleum flooring) and bathrooms (older vanities, fixtures, and tile surrounds). While the description notes 'solidly built units,' the overall aesthetic, including carpets and light fixtures, suggests the property has not undergone major renovations in decades. It is a 'value-add prospect' and 'fix-and-flip venture,' indicating it requires significant cosmetic and system updates to meet current market expectations, aligning with the 'fair' condition criteria.
Positioned as a prime multifamily investment with 8 units, offering significant potential for long-term income generation and high ROI through value-add strategies and fix-and-flip ventures.
Explicit opportunities for income growth exist through implementing additional parking solutions, pet rent policies, and introducing new amenities, allowing for increased revenue streams.
The property benefits from a strategic location near the I-10 freeway, shopping centers, and employment hubs, enhancing tenant desirability and ensuring steady demand.
Built in 1987, the property's age, coupled with its positioning as a 'value-add' and 'fix-and-flip' opportunity, strongly suggests a need for substantial renovations and updates to modernize and maximize its market potential.
The property has undergone a price reduction from $1.6 million to $1.5 million, which could indicate initial overpricing or a slower-than-anticipated market response, potentially affecting perceived value or time on market.
While units have basic modern conveniences, the emphasis on adding 'new amenities' as a value-add strategy implies that the current amenity package may be dated or insufficient to command top-tier rents without further investment.
Introducing Diva in the Desert - a prime investment opportunity located at 13405 Ocotillo Road, Desert Hot Springs, CA 92240. This multifamily property features 8 solidly built units, each boasting 2 bedrooms, 1 bath, and approximately 900 sqft of space. With washer-dryer connections, dishwashers, and spacious patios/balconies in each unit, the property offers a comfortable living experience. Strategically situated near the I-10 freeway and close to shopping and employment hubs, this gem built in 1987 presents a lucrative value-add prospect for an owner-operator. Highlights include the potential for income growth through additional parking, pet rent, and new amenities. The property's ideal apartment size caters to various households, ensuring steady demand. This long-term income generator also sets the stage for a high ROI fix-and-flip venture. Don't miss the chance to own a piece of the desert's charm with Diva in the Desert.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 16.0 | 9.5 | 50% |
| Baths | 8.0 | 5.0 | 50% |
| Square foot | 7,455 | 4,477.5 | 50% |
| Lot Size | 17,424 | 11,979 | 50% |
| Price | $1.50M | $965.0K | 50% |
| Price per sq ft | $201 | $244 | 50% |
| Built year | 1987 | 1977 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 330 | 246 | 0% |
Aug 9, 2025
$1,500,000
Initial Listing
May 27, 2025
$1,600,000
Initial Listing