$1,500,000
$100K PRICE DROP

13405 Ocotillo Rd Desert Hot Springs, CA 92240

Estimated payment $9,421/month

Total Views 2,234
16 Beds
8 Baths
7,455 Sq Ft
$201 Price per Sq Ft

Highlights

  • All Bedrooms Downstairs
  • Desert View
  • Side by Side Parking
  • 0.4 Acre Lot
  • No HOA
  • Laundry Room

About This Home

PRICE DROP! 8 Apartment Homes. All 2 Bedroom, 1 Bathroom. Large Lot. Very Nice Floor Plan. All have individual garages. All have full sized washer dryers in kitchens. Dishwashers in all but one kitchen. Extra Parking being added for additional revenue not included in figures. Updates to exterior in process. Ideal for move up buyers from duplexes, triplexes and fourplexes. Room for value and cash flow improvement upon turnover. Nice area near similar, and high end apartments. Built in 1987 so the layout is very good. Additional media available upon completion of upgrades. May not last long however. Ideal investment for hands on owner operator. Value Add for Long Term Income or Fix and Flip for fast return. POSSIBLE SELLER FINANCING. FINANCIAL FIGURES REFLECT CURRENT ROUTINE EXPENSES, CURRENT RENTAL INCOME AND FUTURE TAXES.

Listing Agent

Robyn Wonnell

KW Temecula Brokerage Phone: 951 501-6567 License #01353690 Listed on: 05/27/2025

KW Temecula

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 0.4 Acre Lot
  • Desert faces the front of the property
  • Two or More Common Walls
  • Block Wall Fence
  • Stucco Fence
  • Rectangular Lot
  • Level Lot
  • Density is 6-10 Units/Acre

Parking

  • 8 Car Garage
  • 8 Open Parking Spaces
  • Parking Available
  • Side Facing Garage
  • Side by Side Parking
  • Single Garage Door
  • Shared Driveway
  • Driveway Level
  • Assigned Parking

Property Views

  • Desert
  • Neighborhood
  • Courtyard

Home Design

  • Property Attached
  • Entry on the 1st floor
  • Mixed Use
  • Tile Roof

Interior Spaces

  • 7,455 Sq Ft Home
  • 2-Story Property
  • Dishwasher

Bedrooms and Bathrooms

  • 16 Bedrooms | 2 Main Level Bedrooms
  • All Bedrooms Down
  • 8 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer Hookup

Location

  • Suburban Location

Utilities

  • Central Air
  • No Heating
  • Water Heater

Listing and Financial Details

  • Tax Lot 40
  • Tax Tract Number 2
  • Assessor Parcel Number 641271010
  • $21,792 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Recreation

  • Bike Trail

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Parking

8

Listing Details

  • Structure Type: Mixed Use
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: R3
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential
  • Parcel Number: 641271010
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 7455.00 Square Feet
  • Stories: 2
  • Entry Location: 1st and 2nd floors
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 8
  • Full And Three Quarter Bathrooms: 8
  • Total Bedrooms: 16
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 201.21
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Courtyard, Desert, Neighborhood
  • Fence: Yes
  • Fencing: Block, Stucco Wall
  • Pool Private: No
  • Roof: Tile

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Assigned, Driveway Level, Garage, Garage Faces Side, Garage - Single Door, On Site, Private, Shared Driveway, Side by Side
  • Total Parking Spaces: 16.00
  • Uncovered Spaces: 8.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Appliances: Dishwasher, Water Heater
  • Laundry Features: In Kitchen, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Suburban

Schools

  • School District: Palm Springs Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Desert Front, Level with Street, Lot 10000-19999 Sqft, Rectangular Lot, Level
  • Lot Size Sq Ft: 17424.00
  • Lot Size Acres: 0.4000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 17424.0000 Square Feet
  • Number Of Units Total: 8

Tax Info

  • Tax Census Tract: 445.10
  • Tax Lot: 40
  • Tax Tract Number: 2
  • TaxOtherAnnualAssessmentAmount: 21792.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 Price Changed $1,500,000 -4.8% $201 / Sq Ft
07/10/2025 07/10/25 Price Changed $1,575,000 -1.6% $211 / Sq Ft
06/15/2025 06/15/25 For Sale $1,600,000 0.0% $215 / Sq Ft
06/04/2025 06/04/25 Off Market $1,600,000 -- --
05/27/2025 05/27/25 For Sale $1,600,000 +142.4% $215 / Sq Ft
07/27/2017 07/27/17 Sold $660,000 -4.2% --
03/06/2017 03/06/17 Pending -- -- --
01/11/2017 01/11/17 For Sale $689,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW25109960

California Regional Multiple Listing Service (CRMLS)

APN: 641-271-010