Description
Fully Remodeled 4-Plex | Two Buildings | Value-Add OpportunityAn 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: 4A 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.
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6BEDS
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0.31ACRES
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4BATHS
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01/2 BATHS
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2,664SQFT
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$220$/SQFT
School Ratings & Info
Description
Fully Remodeled 4-Plex | Two Buildings | Value-Add OpportunityAn 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: 4A 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.
Licensed in the State of California, USA