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Key Details
Sold Price $336,155
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Agua Dulce
MLS Listing ID 14779389PS
Year Built 1957
Lot Size 0.459 Acres
Property Description
Casa De Lorenzo is a mid century garden style complex located just of Palm Drive in the city of Desert Hot Springs. The complex is a converted bed and breakfast style motel permanently converted by current long term owner to long term tenancy. The property is on three separate parcels including one vacant lot currently zoned for single family residence. All units are master metered for power water and gas. Each building has it's own meter and all utilities are paid by the owner. Bill back programs are available to allow the owner to be reimbursed for utility costs. The current owner has chosen to price the utilities to the rent in order to attract tenants that are not able to initiate service on their own behalf. 66185 acoma has 3 structures, one duplex, one fourplex and one free standing unit. 66201 Acoma has two duplex structures. Acoma street was just resurfaced with new cubs and gutters. OWNER may carry an new first trust deed to a qualified buyer at low rate with $150K down.
Location
State CA
County Riverside
Area 340 - Desert Hot Springs
Interior
Heating Baseboard
Flooring Tile
Exterior
Parking Features On Street
View Y/N No
Building
Story 1
Foundation Slab
New Construction No
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
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Bought with Dale Lawrence • Realty Executives
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Paul Ward
Broker Associate | License ID: 01354001
Broker Associate License ID: 01354001
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