6 Beds
3 Baths
2,500 SqFt
6 Beds
3 Baths
2,500 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $350
MLS Listing ID 219153060
Bedrooms 6
Full Baths 3
HOA Y/N No
Year Built 1945
Lot Size 7,841 Sqft
Property Sub-Type Triplex
Property Description
Welcome to an outstanding investment opportunity that transcends traditional real estate offerings. This strategically positioned corner-lot triplex located in Coachella represents a unique convergence of residential income potential, commercial visibility, and lifestyle enhancement value. Spanning 7,841 square feet of prime corner property with 2,500 square feet of developed space, this three-unit residential investment vehicle offers multiple pathways to profitability and capital appreciation.
The property stands out in the current market due to its exceptional location across from Sun Community US Bank, its mature and aesthetically valuable landscaping featuring diverse fruit trees, and its inherent flexibility for various use scenarios. Whether you are an experienced real estate investor, a savvy entrepreneur, or a development-minded professional, this property presents compelling opportunities for wealth creation and business diversification.
Strategic Corner Location
The property's position at 84966 Calle Verde places it in one of Coachella's most visually prominent and commercially accessible locations. As a corner lot property, this asset enjoys exceptional visibility from multiple directions, creating natural marketing exposure and easy tenant accessibility. The direct proximity to Sun Community US Bank--a major financial institution--establishes the property within a growing commercial corridor that continues to attract business activity and consumer foot traffic.
This location advantage cannot be overstated. Corner properties command premium valuations in the market, and for investment purposes, the high visibility ensures consistent consumer and tenant awareness. Potential renters, customers, and business partners can easily locate and access the property, reducing marketing costs and increasing occupancy potential.
Coachella Valley Market Dynamics
Coachella has emerged as a dynamic growth market within Riverside County, offering investors attractive opportunities as the region continues to develop. The valley's strategic position between major population centers, combined with ongoing infrastructure improvements and commercial development, creates a favorable environment for real estate investments.
The market fundamentals support strong long-term appreciation potential.
Location
State CA
County Riverside
Area 315 - Coachella
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace false
Exterior
Fence Fenced
View Y/N true
View Mountain(s)
Private Pool No
Building
Lot Description Corners Marked, Front Yard, Rectangular Lot, Corner Lot, Near Public Transit
Story 1
Entry Level Ground Level, No Unit Above
Sewer In, Connected and Paid
Level or Stories Ground Level, No Unit Above
Schools
High Schools Coachella Valley
School District Coachella Valley Unified
Others
Senior Community No
Acceptable Financing 1031 Exchange, Cash to New Loan, Conventional, FHA
Listing Terms 1031 Exchange, Cash to New Loan, Conventional, FHA
Special Listing Condition Standard
Schools and Properties Nearby
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