66116 Buena Vista Ave, Desert Hot Springs, CA 92240
Two 1-bed, 1-bath units with separate utility meters and a detached 20x20 garage, suited for owner-occupant or rental use.
Property Features for 66116 Buena Vista Ave
General Information
Additional Details
Building Details
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Investment Insights
Based on property information with market context.
The property is located on Buena Vista Ave in Desert Hot Springs, offering a straightforward setup for tenants and owner-occupants who want the option to live in one unit while renting the other. The community’s Walk Score, Bike Score, and Transit Score indicate a primarily car-dependent lifestyle with limited walkability and modest transit support.
For tenants or buyers, the duplex configuration can support multiple household needs while keeping operations simple with two self-contained units and separate meters. The combination of a remodeled rear unit and the reported electrical work may appeal to buyers seeking a duplex they can begin using immediately, with an opportunity to capture rental income from one or both sides. The seller also notes possible rent of $1,500 to $1,600 per unit.
Key Highlights
- Duplex built in 1946 with two 1 bed, 1 bath units—front and rear
- Front unit is approx. 530 SF with an enclosed patio and chimney
- Rear unit is approx. 738 SF and has been remodeled
Financial Insights For Multifamily LT 5
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 | $32.4k | $25.56 |
| − Vacancy | −$583 | −$0.46 |
| EGI | $31.8k | $25.10 |
| − OpEx | −$9.5k | −$7.53 |
| NOI | $22.3k | $17.57 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 92240, CA
Market
Vacancy Rate% for Multifamily in West region