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Equity Union
82480 Crest Ave, Indio, CA 92201
- $560,000
- 6
- BD
- 5
- BA
- 2,100
- SqFt
- List Price
- $560,000
- MLS#
- 219150003DA
- Year Built
- 1972
- Bedrooms
- 6
- Bathrooms
- 5
- Living Sq. Ft
- 2,100
- Lot Size
- 7,841
- Days on Market
- 132
- Property Type
- Multifamily
- Stories
- 1
Property Description
Secure Investment with Immediate Returns in North IndioWe present a unique opportunity for investors seeking steady cash flow and long-term appreciation. This multi-unit property, located in North Indio, generates monthly rental income with stable month-to-month tenants currently in place.Why this property? Insatiable demand: North Indio is experiencing a residential and commercial boom, driven by the expansion of the Coachella Valley. Guaranteed appreciation: Housing developments and shopping centers in the area are driving land values up year after year. Low-maintenance units.The rental market in this area has a 96% occupancy rate, and prices per square foot have risen 18% over the last 24 months. Key fact: The city council has just approved a new commercial district just 5 minutes away, which will skyrocket demand over the next 12 months.Don't let this gem slip away: properties with this income-appreciation profile sell in under 15 days in Indio. Your next recurring income stream awaits.
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Additional Information
- Heat
- Other
- Cooling
- Air Conditioning
- Number of Cars in Garage
- Driveway
- Water
- Water District
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Courtesy of Darryl Joel Freed, Broker, Manny Villagrana - CA DRE#01276626
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