40
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$750,000
Est. payment /mo
6,534 Sqft Lot
Open Sat 10AM-1PM
45749 Salton Street Indio, CA 92201
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Open House
Sat Aug 22, 10:00am - 1:00pm
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 219151512DA
Lot Size 6,534 Sqft
Property Sub-Type Res Income 2-4 Units
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.
Location
State CA
County Riverside
Zoning Assessor
Direction From freeway 10 take exit 144 into Golf Ctr Parkway. Turn right onto Golf Car Parkway toward fairgrounds. Turn right onto Ave. 4
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 611371016
Acceptable Financing Cash, Conventional, Exchange, FHA
Listing Terms Cash, Conventional, Exchange, FHA
Listed by Maria Estela Ferreira, DRE#01722648 Berkshire Hathaway HomeServices California Properties
NEARBY SCHOOL & BUSINESS
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