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 Purchase 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 Chase at (909) 552-8271 or chase@starlightpropgroup.com!
More About This Property
Nearby Markets12 cities · 3 counties · 12 ZIP codes
Figures from the seller unless a line says otherwise. Verify before you close.