Landscaped
84966 Calle Verde, Coachella, CA 92236
For Sale
$875,000
Three residential units occupy a corner parcel with established fruit trees.
Property Size2,500 SF
Lot Size0.18 Acres
Price / SF$350
Days on Market47
Property Features for 84966 Calle Verde
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Multifamily Units
Amenities
landscaping
Building Details
Year Built
Stories
Units
Listing Agency:
Berkshire Hathaway HomeServices California Properties
Listed By:
Maria Estela Ferreira · License #D72025
(760) 404-8545
Source:
Elliman
Added: Sep 24
Changed: Oct 30
Last Checked: Nov 8 at 7:03AM
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 Berkshire Hathaway HomeServices California Properties
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Investment Insights
Based on property information with market context.
This three-unit residential property was built in 1945 and contains 2,500 square feet of developed space on a 7,841-square-foot corner lot. Mature landscaping includes several types of fruit trees.
Located at 84966 Calle Verde in Coachella, the property sits across from Sun Community US Bank. Walk Score is 75 and Bike Score is 52.
Located at 84966 Calle Verde in Coachella, the property sits across from Sun Community US Bank. Walk Score is 75 and Bike Score is 52.
Key Highlights
- Three‑unit residential property on a corner lot
- 2,500 square feet of developed space on a 7,841‑square‑foot parcel
- Built in 1945
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,925
Cap Rate
5.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$878,500
$878.5K
Cap Rate 7%
$627,500
$627.5K
Cap Rate 9%
$488,056
$488.1K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$63.9K $25.56/SF
− Vacancy
−$1.2K −$0.46/SF
EGI
$62.7K $25.10/SF
− OpEx
−$18.8K −$7.53/SF
NOI
$43.9K $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 Rate 5%
$878,500
Cap Rate 7%
$627,500
Cap Rate 9%
$488,056
Alternative Uses
Best Use
Multifamily LT 5
$627.5K
$549.1K – $732.1K
NOI $43,925 @ 7.0% cap · market cap 5.02%
Second Best
Apartment 5plus
$578.1K
$505.8K – $674.4K
NOI $40,466 @ 7.0% cap · market cap 4.62%
Theoretical Best
Office A
$749.0K
$655.3K – $873.8K
NOI $52,427 @ 7.0% cap · market cap 5.99%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
299
Businesses Nearby
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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
$342,500
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in Riverside County, CA
Properties on Market for Triplexes in Riverside County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Three residential units occupy a corner parcel with established fruit trees.
Where is this triplex located?
The property is located at 84966 Calle Verde Coachella, CA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Three‑unit residential property on a corner lot; 2,500 square feet of developed space on a 7,841‑square‑foot parcel; Built in 1945
