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Casa De Lorenzo 66185 Acoma Ave 5 Unit Apartment Building $730,000 ($146,000/Unit) Desert Hot Springs, CA 92240
EXECUTIVE SUMMARY
Five-unit multifamily opportunity in Desert Hot Springs. The property consists of five residential units, including one (1) 2-bedroom/1-bath unit and four (4) 1-bedroom/1-bath units, providing a balanced unit mix suitable for a variety of rental strategies. The asset is situated within an established residential area with convenient access to nearby services, retail, and major thoroughfares. This offering may appeal to investors seeking a long-term hold or a small-balance multifamily asset with potential for operational improvement, subject to rental income, expenses, and overall market conditions. Buyer to independently verify all information including unit configuration, zoning, parcel details, and any development potential. Portfolio Sale Option: The property may be purchased as part of a portfolio that includes APN 641-214-005, an approximately 8,276 sq ft parcel zoned R-3, offered together at $775,000. Buyer to verify zoning, density, and development feasibility.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $730,000 | Building Class | C |
| Price Per Unit | $146,000 | Lot Size | 0.30 AC |
| Sale Type | Investment | Building Size | 3,269 SF |
| Sale Condition | Bulk/Portfolio Sale | Average Occupancy | 100% |
| No. Units | 5 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1965 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Garden | ||
| Zoning | R2, Desert Hot Spgs. | ||
| Price | $730,000 |
| Price Per Unit | $146,000 |
| Sale Type | Investment |
| Sale Condition | Bulk/Portfolio Sale |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 3,269 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1965 |
| Opportunity Zone |
Yes |
| Zoning | R2, Desert Hot Spgs. |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+1 | 1 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 641-022-019 | Total Assessment | $647,336 |
| Land Assessment | $68,978 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $578,358 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
641-022-019
Land Assessment
$68,978
Improvements Assessment
$578,358
Total Assessment
$647,336
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Casa De Lorenzo | 66185 Acoma Ave
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