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USACADesert Hot SpringsNot in a Development13855 Verbena Dr
13855 Verbena Dr, Home with 5 bedrooms, 4 bathrooms and 4 parking in Desert Hot Springs CA | Image 1
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$595,000

13855 Verbena Dr, Desert Hot Springs, CA

Real Estate

For Sale

$--,---,---
544
  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 2012 sqft
Garage Yes
Maintenance Fees 
Taxes 
Days Active 53
Approx. Age 1984
Avg. Price Per Sqft $295
MLS® Number 25530577

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Cap rate of 7.3%, $4350 per month current total rent. Garage work has started to be converted into another unit (1bed), potentially bringing additional rent $$! An outstanding opportunity to acquire a set of units already rented at almost top rent value but still with room for increase. Both units have been updated and cleaned up. Unit A boast 3 bed, 2 baths and unit B is 2 bed, 2 bath with a separate entrance in the back. Inside, you'll discover spacious kitchens adorned with nice countertops. The generous living rooms offer ample space, the bedrooms have beautiful wood doors & the bathrooms are in good shape. Extra space on the roof via spiral staircase for the beautiful view of the valley and mountains. Whether you're looking to diversify your investment portfolio or execute a 1031 exchange, this location is ideal for investors seeking prime real estate opportunities with a potential of 10% cap rate. Each unit has it's own meters. Make a buck while doing nothing. Good part of DHS! Property is gated.Show Description
MLS® Number25530577
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1984
Stories1
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatCentral
A/CCentral Air
Heating Fuel

Extras

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