MLS® ID: CV19054392
13704 Avenida Hermosa
Desert Hot Springs, California, 92240 $1,250,000
Marcus & Millichap is pleased to present the sale of 13704 Avenida Hermosa. This investment consists of 13 single story, duplex style apartments with a single-family residence feel located in the strong rental market of Desert Hot Springs, California within the greater Inland Empire area. Built in 1970, this property features 69% one bedroom-one bath units totaling 8,383 square feet, built on a 4.70 acre lot, zoned as RL, at 5 units per acre.
This investment opportunity is located within 60 minutes of 100 local golf courses, within 20 minutes of numerous hot spring facilities, and a short drive to Interstate 10 and local shopping centers, providing tenants with convenient access to a wide variety of restaurants and entertainment. This location additionally offers high visibility in an area known for its strong tenancy, stable rent growth and a historically high occupancy rate.