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13642 La Mesa Dr, Desert Hot Springs, CA 92240
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13642 La Mesa Dr Desert Hot Springs, CA 92240

$695,000
  • 5 Beds
  • 3 Baths
  • 2,340 Sq.Ft.
For Sale
$695,000 Get Pre-Qualified
Map preview of 13642 La Mesa Dr, Desert Hot Springs, CA 92240

Property Overview: 13642 La Mesa Dr Desert Hot Springs, CA has 5 bedrooms, 3 bathrooms, 2,340 living square feet and 6,970 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: This apartment consist of Three (3) Units composed currently of 2,340 square feet. The Apartments are composed of one (1) One-Bedroom One bathroom Unit, Two (2) Two-Bedroom One Bathroom Units, & Three (3) Storage Units. The property is located on a 0.16 acres built in 1985.

Listed by ALBERT LE | BRE #01468313 | LE INVESTMENT GROUP
Last checked: 3 minutes ago | Last updated: May 20th, 2024 | Source CRMLS | DOM: 279
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Home details

Lot Sq. Ft
6,970
HOA Dues
$0/mo
Year built
1985
Garage
3 Car
Property Type:
Triplex
Status
Active
MLS#
IV23170879
City
Desert Hot Springs
County
Riverside
Time on Site
279 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,750
  • Total Rent: $3,500
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.27%
  • Gross Rent Multiplier: 11.25
  • Gross Scheduled Income: $61,800
  • Net Operating Income: $43,604
  • Gross Operating Income: --
  • Vacancy Allowance: $1,854
Annual Expense Breakdown
  • Total Operating Expense: $16,342
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

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Property Details for 13642 La Mesa Dr

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 641253037
  • Year Built Source: Appraiser
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: OTHER
  • Directions: Take I10 Fwy to exit 117 CA 62 to 29 Palms. Make a right on Pierson Blvd to Cactus Dr. Then make a left on Ironwood to Las Mesa Dr.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Desert Hot Springs Agent

Sale History for 13642 La Mesa Dr

Last sold for $605,000 on April 21st, 2022

  • September, 2023

  • Sep 12, 2023

    Date

    Active

    CRMLS: IV23170879

    $700,000

    Price

  • April, 2022

  • Apr 21, 2022

    Date

    Sold

    CRMLS: JT22052572

    $605,000

    Price

  • Mar 16, 2022

    Date

    Active

    CRMLS: JT22052572

    $599,900

    Price

  • Listing provided courtesy of CRMLS

  • March, 2022

  • Mar 14, 2022

    Date

    Expired

    CRMLS: JT22028210

    $599,900

    Price

  • Feb 12, 2022

    Date

    Active

    CRMLS: JT22028210

    $599,900

    Price

  • Listing provided courtesy of CRMLS

    Completely remodeled triplex consisting of (2) 2-bedroom 1 bath units and (1) 1-bedroom 1 bath unit. Great location within walking distance to schools and public transportation. Each unit has its own private front and back patio areas as well as a 1 car garage. New interior and exterior Sherwin Williams paint. Hard surface tile flooring throughout for easy maintenance. All of the kitchen cabinetry has been updated in all 3 units, as well as new counter tops, sinks, faucets, plumbing, and all 3 units come with new appliances including ovens, dishwashers, and refrigerators. 2 of the units have new tubs with modern tile surrounds, and they all have full tub/shower enclosures. Tile roof for low maintenance. HVAC in all 3 units, and new water heaters in 2 units. Washer and dyer hook ups in all 3 units. Proforma rents are $1577 x 2 for the 2 bedrooms, $1266 x1 for the 1 bedroom and $250 x 3 for each garage totaling possible Performa rents at $62,040 per year. Possibility to see cap rate around 9.7%. One of the nice things about these units besides being turnkey and completely remodeled is that they are all delivered vacant to set your own current rent prices and lease standards. There is possibility with 4 electric meters to convert the garages into another 1-bedroom apartment or expand unit A into a 4-bedroom 2 bath unit. Also, potential for short term rental, as 2 of the units are fully decorated and furnished and furniture could be purchased outside of escrow. Any way you look at it, these units are CLEAN and TURNKEY for the next occupants. All financials are estimated. Do not let this opportunity pass you by!

  • January, 2009

  • Jan 9, 2009

    Date

    Sold (Public Records)

    Public Records

    $97,500

    Price

  • June, 2008

  • Jun 27, 2008

    Date

    Sold (Public Records)

    Public Records

    $256,010

    Price

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Tax History for 13642 La Mesa Dr

Assessed Value (2020): $114,788
Year Land Value Improved Value Assessed Value
2020 $28,691 $86,097 $114,788

Home Value Compared to the Market

This property vs the competition

13642 La Mesa Dr is listed 54.48% higher than the median list price for the city of Desert Hot Springs which has a median list price of $449,900. The median price per/sqft for Desert Hot Springs is $271 and this home is listed at $297.01 per/sqft which puts the price per square foot 9.6% higher than the median price per square foot for the city of Desert Hot Springs.

About 13642 La Mesa Dr

Detailed summary of property

13642 La Mesa Dr is a triplex located in Desert Hot Springs, CA 92240 and is currently for sale. This triplex offers 5 bedrooms, 3 bathrooms, roughly 2,340 living square feet, and sits on an approximately 6,970 square foot lot. 13642 La Mesa Dr was first listed on ArdentRealEstateGroup.com on September 12, 2023. The homeowner is currently asking $695,000 and was originally asking $700,000. The median priced home in Desert Hot Springs is $449,900 with a median price per square foot of $271. Based on Ardent Real Estate Group's Desert Hot Springs Market Data, this home is listed 54.48% higher than the median priced home. Local competing homes currently for sale include 1528 N F St, 1528 N F St and 114 J St. While the average home in Desert Hot Springs, CA is selling in 111 days, 13642 La Mesa Dr has a days on market of 279 days. There are currently 249 homes for sale in the Desert Hot Springs real estate market and 236 of them are single family homes while 12 of them are condos and 1 are townhomes. For more information on this home for sale at 13642 La Mesa Dr Desert Hot Springs, CA 92240 contact Ardent Real Estate Group and we will put you in touch with one of our Desert Hot Springs agents.

Public Facts for 13642 La Mesa Dr

Public county record property details
Beds
5
Baths
3
Year built
1985
Sq. Ft.
2,340
Lot Size
7,405
Stories
1
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Riverside
Lot#
586
APN
641-253-037

The source for these homes facts are from public records.

92240 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$439,000
Median List Price/Sq.Ft.
$268
Median Sold Price
$390,000
Median Sold Price/Sq.Ft.
$263
Total Inventory
218
Median Sale to List Price %
97.5%
Avg Days on Market
45
Loan Type
Conventional (14.29%), FHA (38.78%), VA (6.12%), Cash (24.49%), Other (8.16%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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