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66175 Acoma Avenue, Desert Hot Springs, California 92240, Desert Hot Springs, 92240 - bed, bath

66175 Acoma Avenue, Desert Hot Springs, California 92240 home-pic-0
ACTIVE$475,000
66175 Acoma Avenue, Desert Hot Springs, California 92240
0Bed
0Bath
Sqft
6,534Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Full Vacancy at Close: The property is delivered fully vacant at Close of Escrow, providing immediate control for setting market rents or facilitating owner-occupancy without tenant transition challenges.
Top Cons:
Property Age: Built in 1965, the property is older, which may necessitate updates to systems, infrastructure, or aesthetics to meet modern standards and tenant expectations.

Compared to the nearby listings

Compared against 0 nearby listings

More Insights

Built in 1965 (60 years old).
Condition: Built in 1965, this property is significantly aged. The exterior, while appearing to have a relatively fresh coat of paint, features multiple window-mounted air conditioning units, indicating a lack of modern central HVAC and outdated cooling systems. The overall aesthetic is dated, and the listing's own analysis points to 'Property Age' and 'Undisclosed Unit Condition' as weaknesses, suggesting the need for 'investor-funded upgrades to maximize rental value.' Without interior photos, especially of kitchens and bathrooms, it's highly probable these areas are also original or minimally updated, requiring substantial repairs and rehabilitation to meet current quality standards and tenant expectations.
Year Built
1965
Close
-
List price
$475K
Original List price
$475K
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
P1-24895
Home ConditionPoor
Features
Good View: Mountain(s)
ViewMountain(s)

About this home

This exceptional triplex is being delivered VACANT at Close of Escrow, offering a rare clean slate for both savvy investors and strategic owner-occupants. This full vacancy grants you immediate control to set your own rents or move in right away. The triplex is divided into two separate buildings for maximum privacy and income flexibility. The spacious 2-Bedroom/1-Bath Back House is perfect for an owner-occupant, featuring a dedicated private backyard and parking access from the driveway. The two front 1-Bedroom/1-Bath units are ready for tenant placement and can significantly provide substantial income to help with mortgage payments. Enjoy the affordable, scenic lifestyle of 'California's Spa City.' This location provides access to natural hot mineral springs and offers breathtaking mountain views. A quick 10-15 minute drive connects residents to the culture, dining, and amenities of Downtown Palm Springs. For the outdoor enthusiast, it is a short drive to Joshua Tree National Park.

Price History

Date
Event
Price
04/27/21
Sold
$280,000
06/12/03
Sold
$275,000
Condition Rating
Poor
Built in 1965, this property is significantly aged. The exterior, while appearing to have a relatively fresh coat of paint, features multiple window-mounted air conditioning units, indicating a lack of modern central HVAC and outdated cooling systems. The overall aesthetic is dated, and the listing's own analysis points to 'Property Age' and 'Undisclosed Unit Condition' as weaknesses, suggesting the need for 'investor-funded upgrades to maximize rental value.' Without interior photos, especially of kitchens and bathrooms, it's highly probable these areas are also original or minimally updated, requiring substantial repairs and rehabilitation to meet current quality standards and tenant expectations.
Pros & Cons

Pros

Full Vacancy at Close: The property is delivered fully vacant at Close of Escrow, providing immediate control for setting market rents or facilitating owner-occupancy without tenant transition challenges.
Income-Generating Triplex: As a triplex, it offers substantial income potential from three units, significantly aiding mortgage payments and providing a strong return on investment.
Flexible Configuration & Privacy: Divided into two separate buildings, the property maximizes privacy for tenants and offers flexible living arrangements, including a dedicated owner-occupant unit.
Desirable Location & Amenities: Located in 'California's Spa City' with natural hot springs, breathtaking mountain views, and convenient access to Downtown Palm Springs and Joshua Tree National Park.
Owner-Occupant Opportunity: The spacious 2-Bedroom/1-Bath back house with a private backyard is ideal for an owner-occupant looking to live on-site while generating income from the other units.

Cons

Property Age: Built in 1965, the property is older, which may necessitate updates to systems, infrastructure, or aesthetics to meet modern standards and tenant expectations.
Limited Lot Size for Triplex: With a lot size of 6,534 sq ft, outdoor space per unit may be limited, potentially impacting tenant amenities or future expansion possibilities.
Undisclosed Unit Condition: While vacant, the description does not detail recent renovations or the current condition of the units, suggesting potential for investor-funded upgrades to maximize rental value.

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