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Sold for $520,000 · Sep 2016

SOLD

Listed at $575,000

Sold

66362 7th Street, Desert Hot Springs, CA 92240

Desert Hot Springs, CA

MLS# 216019258DA

Property
97 days on market

Listing Agent

Jennifer Matthews

Listing Agent

RE/MAX Consultants

DRE #: 01745765

Brokerage: RE/MAX Consultants

Property Details

N/A

Bedrooms

0

Bathrooms

N/A

Square Feet

1968

Year Built

0.3 acres

Lot Size

N/A

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

Property

Property Type

Description

Villa Fontana Apartments, Great Investment Opportunity, rare 10 unit apartment fully occupied, each unit has 1 bedroom, 1 bathroom, and kitchen with open great room for entertainment and eating, recently painted, new tile floors in all units, managed very well and well cared for! Each unit has an assigned parking space, every unit has a front door security screen and 2 security gates for main access into open courtyard, courtyard is great for entertainment, plenty of room for all tenants to relax and enjoy each others company, community coin-operated laundry room with extra storage closets for each unit and many more details. Net Operating income is currently $56,622.98, great cap rate of 9.84%. Do not disturb tenants, drive by only call Listing Agent Assistant Mitch for all details. Subject to cancellation of current escrow

Listing description from the September 2016 sale, as reported to CRMLS.

Facts & Features

Details

Stories
1

Sale history for 66362 7th Street

2 recorded sales

$520,000
Sold September 2016 · listed $575,000, on market June 2016, 97 days on market · MLS #216019258DA · Source: CRMLS
Listing Agent: Jennifer Matthews · Listing Office: RE/MAX Consultants · Contact: (760) 346-0500 · Bought with: Brenda Fitch · Coldwell Banker Realty
$325,000
Sold August 2014 · listed $359,900, orig. $499,900, on market September 2013, 294 days on market · MLS #DC13190041 · Source: CRMLS
Listing Agent: ZACH HARRIS · Listing Office: Harcourts Prime Properties · Contact: 949-599-1700 · Bought with: ZACH HARRIS · Harcourts Prime Properties

How this sale compares

66362 7th Street sold for $520,000 in September 2016, 9.6% under its $575,000 list price, after 97 days on the market. Across 340 closed sales in 92240 over the last 12 months, the median sold price is $357,139 and the median is $235 per square foot.

$235
92240 median per sq ft (12 mo)
$357,139
92240 median sold price (12 mo)
340
Closed sales in 92240 (12 mo)
97
Days on market
−9.6%
Sold vs. list price
QuarterClosed sales in 92240Median sold price
Q1 202632$346,250
Q2 2026152$350,275
Q3 2026132$370,750
Q4 202624$367,995

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Desert Hot Springs · Homes for sale in 92240

Recent sales near 66362 7th Street

Closed sales reported in 92240, nearest first, last 12 months. All recent sales in Desert Hot Springs →

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