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82626 Bliss Ave

6 Unit Apartment Building $800,000 ($133,333/Unit) 5.93% Cap Rate Indio, CA 92201

Investment Highlights

  • 6 Total Units
  • Located just off 10 Fwy
  • 100% Occupied

Executive Summary

Introducing Bliss Ave Apartments - Your Next Investment Opportunity in Indio, CA!
Welcome to Bliss Ave Apartments, a charming 6-unit apartment building located at 82626 Bliss Ave, Indio, CA. Nestled on a 0.17-acre lot in a vibrant residential area, this all-age complex presents an exciting opportunity for investors and individuals alike.
Each of the six 1-bedroom, 1-bathroom units is designed for comfort and convenience, making them highly desirable in Indio's thriving rental market. Tenants enjoy the benefit of direct payment for electricity, gas, and water, while the owner manages the brand new trash and septic services, ensuring low maintenance and operational efficiency.
Bliss Ave Apartments is ideally positioned for growth and development, with easy access to the highway and nearby amenities. Whether you’re looking to expand your portfolio or secure a cozy home, this property is a standout choice in a rapidly evolving community.
Don’t miss the chance to invest in a promising future with Bliss Ave Apartments! Contact Martinez & Associates, Inc. today for more information and to schedule a viewing.

Attachments

Bliss Ave OM

Property Facts

Price $800,000
Price Per Unit $133,333
Sale Type Investment
Cap Rate 5.93%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.17 AC
Building Size 3,990 SF
Average Occupancy 100%
No. Stories 1
Year Built 1948
Opportunity Zone Yes

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Heating
  • Eat-in Kitchen
  • Kitchen
  • Refrigerator
  • Oven
  • Family Room
  • Garden

Site Amenities

  • 24 Hour Access
  • Fenced Lot
  • Public Transportation

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 - 665
Walk Score ®
Very Walkable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
611-163-023
Land Assessment
$83,662
Improvements Assessment
$295,611
Total Assessment
$379,273

zoning

Zoning Code R3 (Multi-Family)
R3 (Multi-Family)
  • Listing ID: 33476922

  • Date on Market: 10/10/2024

  • Last Updated:

  • Address: 82626 Bliss Ave, Indio, CA 92201

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