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Preet Sandhu

preet@riserealtyca.com +1(559) 907-9993

$ 875,000

Est. payment | -/mo

7,840 Sqft Lot

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$ 875,000

Est. payment | -/mo

Save

7,840 Sqft Lot

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Not Applicable-1

MLS Listing ID 219153060DA

HOA Y/N No

Year Built 1945

Lot Size 7,840 Sqft

Property Description

Premium Investment Triplex with Exceptional Commercial PotentialWelcome 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 LocationThe 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 DynamicsCoachella 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 No

Appliance Water Heater

Exterior

Parking Features Driveway

Carport Spaces 2

View Y/N Yes

View Mountain(s)

Total Parking Spaces 6

Private Pool No

Building

Lot Description Corner Lot, Corners Marked, Front Yard, Near Public Transit, Rectangular Lot

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 7683930149

Security Features Window Bars

Acceptable Financing Cash to New Loan, Conventional, 1031 Exchange, FHA

Listing Terms Cash to New Loan, Conventional, 1031 Exchange, FHA

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Maria Estela Ferreira Berkshire Hathaway HomeServices California Properties #01722648

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(559) 907-9993

preet@riserealtyca.com

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84966 Calle Verde Coachella, CA 92236