Available
$920,000(ARV: $1,350,000)68% of ARV

Riverside County, Indio, CA 92201

10 bd5 ba3,796 sfBuilt 1958

1 day ago

Gross spread$430,000

Description

SUBMIT AN OFFER! 5-unit building, each unit is 2bed/1bath. Tenants pay all utilities! Total rent is $9,200/month ($1,840/month)! 8.25x GRM. Indio is not subject to any local rent-control. THIS PROPERTY MEETS THE ONE-PERCENT RULE IN CALIFORNIA, THAT IS UNDERHEARD OF (monthly rent is 1% of Pur[representative] Price) Price: $920K ARV: $1.350M Property Overview: 5-unit building, each unit is 2bed/1bath. Sq Ft: 3,796 Lot Size: 7,841 Built: 1958 If you are interested in this property, please reach out to [representative] at [contact details hidden] or [representative]@[contact details hidden] !

$/sqft vs market

This deal$242/sqft
Market median$317/sqft
Difference−23% below

Median of 14 comparable listings matched on ZIP. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms10
Bathrooms5
Square feet3,796
Lot size7,841 sf
Year built1958
ConditionLight Rehab
OccupancyTenant Occupied
ParkingUnassigned

Systems & condition

HeatingOther
Air conditioningNone
FoundationOther

Self-reported by the seller. Not inspected.

Property information

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