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67780 Arena Blanca Rd

4 Unit Apartment Building $1,800,000 ($450,000/Unit) Desert Hot Springs, CA 92240

Executive Summary

Boutique Hotel and Day Spa!4-plex plus a studio , 4+1 separate units ,as follow;1 x 2bed -1 bath plus kitchen, 3 x 1 bed-1bath plus kitchen,1 studio 1 bath plus kitchenette, on 2 lots and additional 5 more lots located in the city of DHS mineral , hot water zone.Recently extensively remodeled and tastefully upgraded! For sale for $2400000 .A rare and unique possibility to build on the adjacent lots, ,included for a total of 7 lots, with a mineral hot water well , existing , and a swimming pool, also existing!No need to drill for extra well , or build one , just use the existing one!
Lot APN#s as follow:642-202-008, 642-202-009, 642-202-010,642-202-011, 642-202-012, 642-202-013,642-202-014.
Currently operated as a hotel and a day spa Cert. of Occupancy issued, as of 4-4-24.City of DHS does not allow for new hot mineral water wells as well has to be a certain amount of feet away from the property line and from a sewer line, check with city for more info, but this one has an existing well already!
Call LA for showings and more info!

Property Facts

Price $1,800,000
Price Per Unit $450,000
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 2.27 AC
Building Size 3,000 SF
No. Stories 1
Year Built 1965
Parking Ratio 3.33/1,000 SF
Opportunity Zone Yes

Site Amenities

  • Pool
  • Spa

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 642-202-014
  • 642-202-003
  • 642-202-013
Land Assessment
$195,840
Improvements Assessment
$612,000
Total Assessment
$807,840

zoning

Zoning Code R4 (R3 Uses, Churches, Schools, Childcare, Homeless Shelter)
R4 (R3 Uses, Churches, Schools, Childcare, Homeless Shelter)
  • Listing ID: 31447681

  • Date on Market: 4/8/2024

  • Last Updated:

  • Address: 67780 Arena Blanca Rd, Desert Hot Springs, CA 92240

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