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2542 Sea View Dr, Thermal, CA, 92274

--beds
--baths
--sqft
$585,000
--price/sqft
$4,044/moest. monthly cost
$161,760/yrincome needed

About This Home

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.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

3/10
2/10
West Shores High SchoolGrades 7-121.0 mi

Construction

Condition

  • Year built: 1975

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Water Heater

Features

  • Flooring: Tile

Heating & Cooling

  • Heating features: Zoned
  • Cooling features: Zoned

Property

Details

  • Parcel number: 010 472 018 000
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Has view: Yes
  • View description: Desert,Hills,Mountain(s),Panoramic

Lot

  • Lot size: 0.31 Acres

Parking

  • Total spaces: 16
  • Parking features: On Street
  • Covered spaces: 4
  • Uncovered spaces: 8
  • Carport: Yes
  • Carport spaces: 4