Fully Occupied
For Sale
$429,000
84950 Calle Zamora, Coachella, CA 92236
Residential Income, Coachella, CA
Property Size1,812 SF
Lot Size0.15 Acres
Price / SF$236.75
Days on Market54
Property Features for 84950 Calle Zamora
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
1
Rooms
Bathroom 2, Bedroom 1, Bedroom 4, Family Room, Bathroom 1, Bedroom 2, Bedroom 3
Parking
4
Parking features
Carport, Assigned, Driveway
Fencing
Chain Link
Subdivision
315 - Coachella
Standard status
Active
APN
768413001
Size
1,812 SF
Lot size
0.15 Acres
Utilities
Cooling system
Window Unit(s), Evaporative Cooling, Wall/Window Unit(s), Ceiling Fan(s)
Building Details
Year built
1967
Floors in Building
1
Number of units
2
Flooring type
Tile
Building materials
Stucco
Listing Agency:
Keller Williams Luxury Homes · Keller Williams Realty
(760) 322-2286
Listed By:
Jason Allen
(760) 325-1900
Added: Jul 13
Changed: Aug 24
Last Checked: Sep 4 at 6:06AM
MLS# 219150479
Copyright © 2026 California Desert Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex contains 1,812 square feet on a 0.15-acre lot and is fully occupied by long-term tenants. Built in 1967, the property features stucco construction, tile flooring, window and evaporative cooling, wall/window units, and ceiling fans. Parking includes carport spaces, assigned parking, and a driveway, while chain-link fencing defines the site.
The property is located near schools, shopping, dining, parks, and major commuter routes serving the Coachella Valley. Interior access is limited to an accepted contract, with open-house viewing available before an offer. Disclosures are available through the listing agent or upon request.
The property is located near schools, shopping, dining, parks, and major commuter routes serving the Coachella Valley. Interior access is limited to an accepted contract, with open-house viewing available before an offer. Disclosures are available through the listing agent or upon request.
Key Highlights
- Fully occupied duplex with long‑term tenants in place
- 1,812 square feet on a 0.15‑acre lot
- Built in 1967 with stucco construction and tile flooring
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$31,837
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.42%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$636,740
$636.7K
Cap Rate 7%
$454,814
$454.8K
Cap Rate 9%
$353,744
$353.7K
Market Conditions
NOI Build-Up for 1,812 SF
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.
Gross rent
$46.3K $25.56/SF
− Vacancy
−$834 −$0.46/SF
EGI
$45.5K $25.10/SF
− OpEx
−$13.6K −$7.53/SF
NOI
$31.8K $17.57/SF
Area
Riverside County, CA
Vacancy
1.80%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$636,740
Cap Rate 7%
$454,814
Cap Rate 9%
$353,744
Alternative Uses
Best Use
Multifamily LT 5
$454.8K
$398.0K – $530.6K
NOI $31,837 @ 7.0% cap · market cap 7.42%
Second Best
Apartment 5plus
$419.0K
$366.6K – $488.8K
NOI $29,330 @ 7.0% cap · market cap 6.84%
Theoretical Best
Office A
$542.8K
$475.0K – $633.3K
NOI $37,999 @ 7.0% cap · market cap 8.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
219
Businesses Nearby
Explore this area
Business Placement
Demographics for 92236, CA
42,220
Population
12,629
Households
3.3
Avg Household Size
29
Median Age
6%
College-Educated
57%
High-School Grad
61.9 sq mi
ZIP Area
682
Density / Sq Mi
$67,235
Median Household Income
$35,117
Median Earnings
$1,113
Median Rent
$342,500
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?
Duplex - Two-unit residential property with established tenancy, assigned parking, and access to schools, shopping, dining, and parks.
Where is this duplex located?
The property is located at 84950 Calle Zamora Coachella, CA.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: Fully occupied duplex with long‑term tenants in place; 1,812 square feet on a 0.15‑acre lot; Built in 1967 with stucco construction and tile flooring
