Residential Income
56 Black Hawk Street Palm Springs, CA 92264
For Sale
$120,000
Residential income property offered for sale in Palm Springs, Riverside County.
Property Size480 SF
Price / SF$250
Days on Market19
Property Features for 56 Black Hawk Street
General Information
- Standard status
- Active
- Size
- 480 SF
- Property subtype
- Manufactured In Park
Building Details
- Year Built
- 1967
Listing Agency:
(760) 464-5442
Listed By:
Marcia Griffiths
(760) 464-5442
Source:
Evrealestate
Added: Jul 8
Changed: Jul 22
Last Checked: Jul 26 at 8:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcia Griffiths
Investment Insights
Based on property information with market context.
This residential income property is offered for sale. The property is listed as a residential income asset and is located in Riverside County.
The address is 56 Black Hawk Street, Palm Springs, CA 92264.
The address is 56 Black Hawk Street, Palm Springs, CA 92264.
Key Highlights
- Ranch home built in 1967
- Central air cooling with heating that includes natural gas
- Appliances include dishwasher, disposal, gas range, refrigerator, washer and dryer
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $14.4k | $30.00 |
| − Vacancy | −$274 | −$0.57 |
| EGI | $14.1k | $29.43 |
| − OpEx | −$6.4k | −$13.24 |
| NOI | $7.8k | $16.19 |
480 SF · lease $30.00/SF/yr · vacancy 1.90% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$111.0K
$97.1K – $129.5K
NOI $7,770 @ 7.0% cap · market cap 6.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$143.8K
$125.8K – $167.8K
NOI $10,066 @ 7.0% cap · market cap 8.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
FAQs
What type of property is this?
Mobile home & RV park - Residential income property offered for sale in Palm Springs, Riverside County.
Where is this mobile home & rv park located?
The property is located at 56 Black Hawk Street Palm Springs, CA.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Ranch home built in 1967; Central air cooling with heating that includes natural gas; Appliances include dishwasher, disposal, gas range, refrigerator, washer and dryer