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56 Black Hawk Street, Palm Springs, CA, 92264
Residential Income Property

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:
Listed By: Marcia Griffiths
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.

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 (±1% cap)
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 (±1% cap)
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 ...

Suggested Use

Auto Parts Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Computer & Electronic Repair (Bike/Boat/Book/etc) Store Florist Veterinary Clinic HVAC Service Carpet & Flooring Store Locksmith

Zoning and permitted uses should be independently verified with local authorities.

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
More about this property
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