Calling all investors!! Great rental property opportunity, units needs repairs, easy access to Indio Blvd and downtown. There are 5 one bedroom and 2 studio units, 7 in total. Each unit has its own kitchen/kitchenette and bathroom. Each unit has separate meters, tenants pay electric, gas, cable, phone. Landlord pays water, trash and exterior lighting. The one bedroom units rent for $750.00 per month. Studios rent for $700.00. Family member is occupying one unit. 2 units are vacant. Income potential is $61,800. Large parking area. Property is fenced, room for RV and extra parking. Sold as is, no repairs. Buyer to cooperate with seller 1031 Exchange.
Off market
$806,800
44710 King St APT 5, Indio, CA 92201
7beds
3,000sqft
MultiFamily
Built in ----
-- sqft lot
$806,800 Zestimate®
$269/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 7
- Full bathrooms: 7
Heating
- Electric, Gas
Cooling
- Wall
Interior area
- Total interior livable area: 3,000 sqft
Property
Features
- Entry level: 0
- Exterior features: Stucco
Lot
- Size: 0.34 Acres
Details
- Lease amount: $0
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Cottage
Condition
- Fixer, Repairs Major
Details
- Builder model: King & Marramores
- Builder name: King & Marramores
Utilities & green energy
- Water: Public
- Utilities for property: Natural Gas Connected, Electricity Connected, Cable Connected, Water Connected
Community & neighborhood
Security
- Security features: Other
Location
- Region: Indio
HOA & financial
Other financial information
- Total actual rent: 36428
Other
Other facts
- WaterSource: Public
- Utilities: Natural Gas Connected, Electricity Connected, Cable Connected, Water Connected
- CoolingYN: true
- RoomsTotal: 7
- TenantPays: Cable TV, Electricity, Gas
- ConstructionMaterials: Stucco
- NumberOfUnitsTotal: 7
- CurrentFinancing: Conventional, 1031 Exchange, Cash to New Loan
- ArchitecturalStyle: Cottage
- FoundationDetails: Combination
- ElectricOnPropertyYN: True
- DirectionFaces: North, South
- OwnerPays: Water, Other
- WaterSewerExpense: 0.00
- ElevationUnits: Feet
- OpenParkingSpaces: 12
- InsuranceExpense: 0.00
- CoveredSpaces: 0
- YearBuiltSource: Other
- NumberOfBuildings: 7
- PropertyCondition: Fixer, Repairs Major
- Cooling: Wall/Window Unit(s)
- ElectricExpense: 0
- FuelExpense: 0
- GrossIncome: 0.00
- NetOperatingIncome: 0.00
- OperatingExpense: 0.00
- CapRate: 0.00
- SecurityFeatures: Other
- NumberOfSeparateElectricMeters: 0
- NumberOfSeparateGasMeters: 0
- MaintenanceExpense: 0.00
- ManagerExpense: 0
- NumberOfSeparateWaterMeters: 0
- OtherExpense: 0.00
- GrossScheduledIncome: 0.00
- VacancyAllowanceRate: 0.00
- ProfessionalManagementExpense: 0
- LandLeaseAmount: 0.00
- EntryLevel: 0
- LotDimensionsSource: (Assessor)
- StoriesTotal: Ground Level
- CableTvExpense: 0
- FurnitureReplacementExpense: 0
- PoolExpense: 0
- SuppliesExpense: 0
- TrashExpense: 0.00
- VacancyAllowance: 0
- WorkmansCompensationExpense: 0
- BuilderModel: King & Marramores
- BuilderName: King & Marramores
- BuildingName: King & Marramores
- NewTaxesExpense: 5084
- TotalActualRent: 36428.00
Services availability
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