Remodeled 5-Unit Income
For Sale
$1,300,000
67780 Arena Blanca Rd, Desert Hot Springs, CA 92240
Recently remodeled 4-plex plus studio is rented long term as separate units on two lots.
Property SizeContact for details
Days on Market163
Property Features for 67780 Arena Blanca Rd
General Information
Standard status
Active
Property subtype
Investment
Additional Details
Multifamily Units
5
Amenities
hot mineral water well
swimming pool
Building Details
Year Built
1977
Stories
1
Units
4
Tenancy
Multi
Listed By:
Michael Valerio
(760) 712-5948
Source:
Elliman
Added: Mar 29
Changed: Sep 3
Last Checked: Sep 6 at 7:14AM
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 Michael Valerio
Investment Insights
Based on property information with market context.
This remodeled 4-plex plus studio income property includes 4+1 separate units, configured as one 2-bedroom/1-bath unit with a kitchen; three 1-bedroom/1-bath units with kitchens; and one studio with a 1-bath and kitchenette. The property was previously operated as a boutique hotel and spa, but is currently rented long term as individual units. An existing hot mineral water well and swimming pool are on site.
The property is located in the city of Desert Hot Springs’ mineral/hot water zone, and the current lot configuration is on two lots identified by APN numbers 642-202-013 and 642-202-014.
For buyers interested in expansion, additional adjacent lots are also available for sale for a total of 10 lots, with the existing mineral hot water well and swimming pool included. The city does not allow new hot mineral water wells, including requirements related to distance from property lines and sewer lines, so any additional development would require confirmation with the city.
The property is located in the city of Desert Hot Springs’ mineral/hot water zone, and the current lot configuration is on two lots identified by APN numbers 642-202-013 and 642-202-014.
For buyers interested in expansion, additional adjacent lots are also available for sale for a total of 10 lots, with the existing mineral hot water well and swimming pool included. The city does not allow new hot mineral water wells, including requirements related to distance from property lines and sewer lines, so any additional development would require confirmation with the city.
Key Highlights
- Year built 2007: 4‑plex plus a studio income unit with long‑term rentals as separate units
- Unit mix: 1x 2 bed/1 bath with kitchen, 3x 1 bed/1 bath with kitchen, and 1 studio/1 bath with kitchenette
- Located on two lots: APN 642‑202‑013 and 642‑202‑014; recently remodeled and upgraded
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
130
Businesses Nearby
Explore this area
Business Placement
Demographics for 92240, CA
40,920
Population
15,977
Households
2.6
Avg Household Size
34
Median Age
15%
College-Educated
78%
High-School Grad
35.7 sq mi
ZIP Area
1,146
Density / Sq Mi
$51,284
Median Household Income
$32,137
Median Earnings
$1,367
Median Rent
$294,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Recently remodeled 4-plex plus studio is rented long term as separate units on two lots.
Where is this apartment building located?
The property is located at 67780 Arena Blanca Rd Desert Hot Springs, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Year built 2007: 4‑plex plus a studio income unit with long‑term rentals as separate units; Unit mix: 1x 2 bed/1 bath with kitchen, 3x 1 bed/1 bath with kitchen, and 1 studio/1 bath with kitchenette; Located on two lots: APN 642‑202‑013 and 642‑202‑014; recently remodeled and upgraded
