2542 Sea View Drive, Thermal, CA 92274

$585,000
6
BD
4
BA
2,664
SqFt

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List Price
$585,000
Status
ACTIVE
MLS#
219142327
Year Built
1975
Bedrooms
6
Bathrooms
4
Living Sq. Ft
2,664
Lot Size
13,364
Days on Market
180
Property Type
Multifamily
Stories
1
Neighborhood
Not Applicable

Property Description

Fully Remodeled 4-Plex | Two Buildings | Value-Add Opportunity An exceptional opportunity to acquire a fully renovated fourplex with built-in upside at 2542 Sea View Drive, Thermal. This property consists of two separate buildings with two units each, offering a versatile multifamily layout and strong income potential. • Unit Mix: Two 2-bedroom / 1-bath units and two 1-bedroom / 1-bath units • Building One: 1,176 sq ft • Building Two: 1,488 sq ft • Total Units: 4 A complete and extensive remodel was completed in 2022, including new windows, new plumbing, a new roof, new electrical work, new flooring throughout, and fresh interior paint. Each unit includes its own washer and dryer, enhancing day-to-day functionality. Currently, two units are occupied and two units are vacant, allowing a new owner to immediately set market rents and implement a value-add strategy. The existing vacancy creates flexibility for repositioning and income optimization from day one. The two-building configuration provides a distinctive multifamily setup that stands apart from traditional fourplexes and supports efficient ownership. With major capital improvements already completed and clear paths to increased revenue, this fourplex offers a compelling blend of current income and future growth. Property is being sold as is.

Additional Information

Land Lease Type
Fee
Heat
Other, Zoned
Cooling
Air Conditioning, Zoned
View
Desert, Hills, Lake, Mountain(s), Panoramic
Parking
On Street
Sewer
In Street on Bond
Water
Water District

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Calculator source: Real Geeks

Listing courtesy of Desert Sands Realty.