Corner-Lot
84966 Calle Verde, Coachella, CA 92236
For Sale
$875,000
Residential Income, Coachella, CA
Property Size2,500 SF
Lot Size0.18 Acres
Price / SF$350
Days on Market48
Property Features for 84966 Calle Verde
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Fencing
Lot features
High school
Elementary school district
Middle school district
High school district
Subdivision
Standard status
APN
Size
Lot size
Utilities
Heating system
Cooling system
Building Details
Year built
Floors in Building
Number of units
Flooring type
Listing Agency:
Berkshire Hathaway HomeServices California Properties
(760) 564-9575
Listed By:
Maria Estela Ferreira · License #D72025
(760) 404-8545
Added: Sep 21
Changed: Oct 27
Last Checked: Nov 7 at 8:06AM
MLS# 219153060
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.
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Investment Insights
Based on property information with market context.
This triplex contains three residential units within 2,500 square feet of developed space on a 0.18-acre corner parcel. The 1945 property includes mixed flooring, wall furnace heating, wall and window unit cooling, assigned parking, a driveway, and fencing. The site also features mature landscaping and fruit trees.
Positioned at 84966 Calle Verde in Coachella, the property sits across from Sun Community US Bank and benefits from exposure along a corner location. Its Riverside County setting places the asset within the Coachella market, while the existing three-unit configuration provides a defined residential income format.
Positioned at 84966 Calle Verde in Coachella, the property sits across from Sun Community US Bank and benefits from exposure along a corner location. Its Riverside County setting places the asset within the Coachella market, while the existing three-unit configuration provides a defined residential income format.
Key Highlights
- Three‑unit property on a 0.18‑acre corner lot
- 2,500 square feet of developed space
- 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-unit residential property with assigned parking, fencing, and a prominent corner position in Coachella.
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 property on a 0.18‑acre corner lot; 2,500 square feet of developed space; Built in 1945
