Millman Team Real Estate

$1,500,000
0.40 Acre Lot

13405 Ocotillo Road, Desert Hot Springs, California 92240

  • Commercial Sale Property Type
  • 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. FINANCIAL FIGURES REFLECT CURRENT ROUTINE EXPENSES, CURRENT RENTAL INCOME AND FUTURE TAXES.

Basic Details
Commercial Sale
For Sale
SW25109912
$1,500,000
1987
0.40 Acre
Active
Multi Family
: Tile
Features
: None
: Stucco Wall, Block
: Washer Hookup, In Kitchen, See Remarks
$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
Additional Information
$0
$0
$0
$0
$0
7455
1
: 6-10 Units/Acre, Rectangular Lot, Level, Street Level, Desert Front
8
2025-05-26
1575000
2
: Public
Broker/Agent Information
KW Temecula
Robyn Wonnell
Listing Information
SWWONNROB
KWRT01
Cash,Cash to New Loan,1031 Exchange
Active
2025-08-27T21:48:44Z
CRMLS
: Standard
2025-06-15T00:01:50Z
Agent info
Ray Millman
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