45749 Salton Street, Indio, CA 92201

$720,000
6
BD
3
BA
1,980
SqFt

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Listing courtesy of Listing Agent: Maria Estela Ferreira (maria.ferreira@bhhscaproperties.com) from Listing Office: Berkshire Hathaway HomeServices California Properties.

List Price
$720,000
Price Change
▼ $30,000 1788420022
Status
Active
MLS#
219151245DA
Year Built
1951
Bedrooms
6
Bathrooms
3
Living Sq. Ft
1,980
Lot Size
6,534
Days on Market
58
Property Type
Single Family Residential
Stories
One Level

Property 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.

Additional Information

Appliances
Electric Water Heater, Water Heater
Cooling
Yes
View
Mountain(s)
Patio
Covered
Roof
Composition, Foam
School District
Desert Sands Unified
Terms
Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.