NOT LISTED FOR SALE

66175 Estrella Ave Desert Hot Springs, CA 92240

Estimated Value: $412,000 - $452,000

1 Bed
1 Bath
1,900 Sq Ft
$227/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $430,000 $226 Per Sq Ft

Current estimated payment $2,738/month

9 Days on Market

Highlights

  • Evaporated cooling system
  • 1-Story Property
  • 5-minute walk to Guy J Tedesco Park
  • Central Heating

About This Home

As of April 2022

This quiet Desert Hot Springs triplex features three quaint 1 bed/1 bath apartments, on a sidewalk, curb and gutter street just minutes from shopping and schools. The exterior of this unique rental income property was recently painted and is exceptionally well maintained and clean. Mature trees and water conserving landscape and a wrought iron fence surround the front and rear of the property. The vacant lot to the east is also available for purchase.
Each unit is on a month-to-month rental agreement with dependable, long term tenants. This is a fantastic income opportunity.

Last Agent to Sell the Property

HEIDI GASTELUM

HOMESMART KEY REALTY License #02152966 Listed on: 03/12/2022

Co-Listed By

Cynthia Vanover

HOMESMART KEY REALTY License #01792364

Last Buyer's Agent

HEIDI GASTELUM

HOMESMART KEY REALTY License #02152966 Listed on: 03/12/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,789

Year Built

  • Built in 1957

Lot Details

  • 6,534 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • Property Attached

Interior Spaces

  • 1,900 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Central Heating

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 3
  • Assessor Parcel Number 641065008
  • $1,555 per year additional tax assessments

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $1,200
  • Trash Expense $864
  • Water Sewer Expense $960
  • Operating Expense $3,024
  • Gross Income $25,200
  • Net Operating Income $22,176

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,789

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Desert Hot springs Tr3
  • Water Sewer Expenses: 960.00
  • Zoning: R2
  • Property Type: Residential Income
  • Parcel Number: 641065008
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 226.32

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Central
  • Sewer: Public Sewer
  • Trash Expense: 864.00
  • Water Source: Public
  • Cooling: Evaporative Cooling, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Gross Income: 25200.00
  • Gross Scheduled Income: 25200.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 6534.0000 Square Feet
  • Net Operating Income: 22176.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 3024.00
  • Rent Control: No
  • Total Expenses: 3024.00

Tax Info

  • Tax Census Tract: 445.07
  • Tax Lot: 8
  • Tax Tract Number: 3
  • TaxOtherAnnualAssessmentAmount: 1555.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2022
Sold by
Mohamadi Sabet Javad
Bought by
14 Novice Llc
Current Estimated Value
$431,000

Purchase Details

Listed on
Apr 15, 2016
Closed on
Feb 17, 2016
Sold by
Kecxon Ted
Bought by
Flores Jose J and Flores Martha
Seller's Agent
Rick Wahl
Wahl Street Realty
Buyer's Agent
Rick Wahl
Wahl Street Realty
List Price
$145,000
Sold Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.10%
Original Mortgage
$105,000
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 25, 1996
Sold by
Kecxon Ted
Bought by
The Ted Kecxon Revocable Living Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
14 Novice Llc -- --
Flores Jose J $140,000 Chicago Title Company
The Ted Kecxon Revocable Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Flores Jose J $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2022 04/01/22 Sold $430,000 +13.2% $226 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/12/2022 03/12/22 For Sale $380,000 +162.1% $200 / Sq Ft
04/16/2016 04/16/16 Sold $145,000 0.0% $76 / Sq Ft View Prior Sale
04/15/2016 04/15/16 Pending -- -- --
04/15/2016 04/15/16 For Sale $145,000 -- $76 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,789 $456,318 $114,610 $341,708
2023 $5,789 $151,324 $14,787 $136,537
2022 $3,479 $148,358 $14,498 $133,860
2021 $3,431 $145,450 $14,214 $131,236
2020 $3,337 $143,960 $14,069 $129,891
2019 $3,293 $141,139 $13,794 $127,345
2018 $3,189 $138,373 $13,525 $124,848
2017 $3,072 $135,660 $13,260 $122,400
2016 $2,768 $122,026 $11,076 $110,950
2015 $1,738 $120,195 $10,910 $109,285
2014 $1,716 $117,844 $10,698 $107,146
Source: Public Records

Agents Affiliated with this Home

  • HEIDI GASTELUM

    Seller's Agent in 2022

    HEIDI GASTELUM

    HOMESMART KEY REALTY

    (909) 382-1934

    2 in this area

    22 Total Sales

    HEIDI GASTELUM
    Section Image
  • Cynthia Vanover

    Seller Co-Listing Agent in 2022

    Cynthia Vanover

    HOMESMART KEY REALTY

    (760) 265-5707

    2 in this area

    87 Total Sales

    Cynthia Vanover
    Section Image

  • R

    Seller's Agent in 2016

    Rick Wahl

    Wahl Street Realty

    Section Image

  • R

    Buyer's Agent in 2016

    Richard Wahl

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV22049469

California Regional Multiple Listing Service (CRMLS)

APN: 641-065-008

California Riverside County Desert Hot Springs 92240

66175 Estrella Ave, Desert Hot Springs, CA

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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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