LKV Realty
Logo
$650,000
$3,400Reward *
66124 Acoma Avenue, Desert Hot Springs, CA 92240Listing ID 25487095

66124 Acoma Avenue, Desert Hot Springs, CA 92240

Active
Not in a Development
Time on site: 573 daysLast updated: Jul 2, 2025
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
5
Bathrooms
Bathrooms
3
Square Feet
Square Feet
2,096
Acres
Acres
0.15
Days on Site
Days on Site
543
Cooling
Cooling
Central Air
Heating
Heating
Central
Year Built
Year Built
1974
Stories
Stories
1
Parking
Parking
Concrete

Cap rate of almost 10% ($6k per month rent), based on pro-forma. An outstanding opportunity to acquire a set of three legal units! Two of three are rented ($4k) and one delivered vacant worth another $2k. All units have been upgraded and are move in ready. Unit 1&2 boast 2 bed, 2 baths and the third unit is 2 bed, 1 bath in a separate building in the back. Live in one and rent the others or rent them all and make a big buck! Inside, you'll discover spacious kitchens adorned with nice countertops. The generous living rooms offer ample space, the bedrooms have beautiful barn doors, the bathrooms are in great shape. 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.

Property Information

Property Details

Location

Address
66124 Acoma Avenue
County
Riverside
City
Desert Hot Springs
Zip Code
92240
Subdivision
Not in a Development
MLS Area
340 - Desert Hot Springs

Interior Features

Beds and Baths

Bedrooms
5

Building

Building Information

Square Feet
2,096
Year Built
1974
Stories
1

Financial

Special Conditions
Standard
Anna SadowskaCrissanna Luxury Real Estate, (323) 899-1351

Market Report for 92240

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS
California Regional MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

CLW-X84945