13855 Verbena Drive

Desert Hot Springs, CA 92240

  • 5 Bed(s)
  • 0 Bath(s)
  • 2,012 Sqft
  • 7841
    Sqft(Lot)
$595,000

Description

Cap rate of 7.3%, $4350 per month current total rent. garage work has started to be converted into another unit (1bed), potentially bringing additional rent $$! an outstanding opportunity to acquire a set of units already rented at almost top rent value but still with room for increase. both units have been updated and cleaned up. unit a boast 3 bed, 2 baths and unit b is 2 bed, 2 bath with a separate entrance in the back. inside, you'll discover spacious kitchens adorned with nice countertops. the generous living rooms offer ample space, the bedrooms have beautiful wood doors & the bathrooms are in good shape. extra space on the roof via spiral staircase for the beautiful view of the valley and mountains. whether you're looking to diversify your investment portfolio or execute a 1031 exchange, this location is ideal for investors seeking prime real estate opportunities with a potential of 10% cap rate. each unit has it's own meters. make a buck while doing nothing. good part of dhs! property is gated.

  • Property Type

    Residential Income

  • County

    Riverside

  • Style

    Residential Income

  • AD ID

    49516216

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Property Details

  • Bedroom Information

    • Total Bedrooms : 5

    Bathroom Information

    • Total Baths: 4
    • Full Baths: 0
    • Half Baths: 0

    Interior Features

    • Interior Features: Ceiling Fan(s)
    • Property Appliances: Disposal

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • Central
    • Has Heating

  • Building Information

    • Year Built: 1984
    • Building Area Total: 2,012

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.18
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 7841

  • Listing Price Information

    • Original List Price: 595,000
    • Listing Contract Date: 2025-04-23

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 641321018

  • Garage and Parking

    • Garage Description: Concrete,Door-Multi,Garage
    • Attached Garage: Yes

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 340 - Desert Hot Springs
    • Directions: Use directions in your app
    • Zoning: R2
    • Source Property Type: Residential Income
    • Area: 340 - Desert Hot Springs

    Building and Construction

    • Property Age: 41
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 2012
    • Levels or Stories: One
    • Building Total Stories: 1
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BuyOwner last updated this listing 04/27/2025 @ 21:45

  • MLS: 25530577
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 5 bedrooms which is for sale, it has 2,012 sqft, 7,841 sized lot, and 0 parking. are nearby neighborhoods.