Millman Team Real Estate

$1,500,000
0.40 Acre Lot

13405 Ocotillo Road, Desert Hot Springs, California 92240

  • Residential Income Property Type
  • Garage Cars Garage
  • 1987 Year Built
Property Description

PRICE DROP! 8 Apartment Homes. All 2 Bedroom, 1 Bathroom. Large Lot. Very Nice Floor Plan. All have individual garages. All have full sized washer dryers in kitchens. Dishwashers in all but one kitchen. Extra Parking being added for additional revenue not included in figures. Updates to exterior in process. Ideal for move up buyers from duplexes, triplexes and fourplexes. Room for value and cash flow improvement upon turnover. Nice area near similar, and high end apartments. Built in 1987 so the layout is very good. Additional media available upon completion of upgrades. May not last long however. Ideal investment for hands on owner operator. Value Add for Long Term Income or Fix and Flip for fast return. POSSIBLE SELLER FINANCING. Finance figures reflect current expenses with current income and NEW TAXES.

Basic Details
Residential Income
For Sale
SW25109855
$1,500,000
1987
0.40 Acre
Active
1
Apartment
: Tile
Features
: None
: Central
: Central Air
: Stucco Wall, Block
: Garage, Door-Single, Private, Side By Side, Assigned, Driveway Level, Garage Faces Side, On Site, Shared Driveway
: Washer Hookup, In Kitchen, See Remarks
: Public Sewer
$0
Address Map
CA
Riverside
Desert Hot Springs
92240
Ocotillo
13405
Road
North on Palm. East on Ironwood. North on Ocotillo Rd.
340 - Desert Hot Springs
R3
Additional Information
$0
$0
$0
$0
$0
7455
: Suburban, Biking
1
8.0
: Two
: 6-10 Units/Acre, Rectangular Lot, Level, Street Level, Desert Front
8
2025-05-28
1575000
2
2
: Public
Broker/Agent Information
KW Temecula
Robyn Wonnell
Listing Information
SWWONNROB
KWRT01
Cash,Cash to New Loan,1031 Exchange
Active
2025-08-27T21:33:47Z
CRMLS
: Standard
2025-06-15T00:01:50Z
Agent info
Ray Millman
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