11076 Ocotillo Road

Multi-Family for Sale
Catylist Listing ID: 30046290
Property Subtypes: Low-Rise/Garden
Number of Units: 11 Units
Building Size (RSF): 4,379 SF
Gross Building Area: See Agent
Sale Price: $679,000
Unit Price: $61,727.27 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/13/2017

Overview / Comments

Located on the SEC of Ocotillo Road and 8th Street. The city of Desert Hot Springs is known as a "spa city" with natural waters. It's elevated location provides full views of the valley and the mountains. Just minutes from an international airport, numerous golf courses, shopping, renowned retaurants, and major sporting events.
4 Buildings. Lots of potential for a resort/spa, retreat, apartments, family compound. Large signage available on property. 2 Bedroom house, 1 bedroom apartment, 9 studios, office, laundry & 3 spa rooms, pool, jacuzzi, steam room, sitting/relaxing areas, fire pits, bar area, BBQ area, 132 degree natural well water, 2 dry wells, roof is 8 years old.

Attachments & Media

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 639-262-001
Zoning: R4
Year Built: 1999
Total Parking Spaces: 11

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,632 34,145 40,979
Median Age: 31.85 32.4 35.04
Households: 5,211 11,294 14,225

Sponsoring Organization

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