2542 Sea View Drive
Property Description
Fully Remodeled 4-Plex | Two Buildings | Value-Add Opportunity An 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: 4 A 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.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $585,000 |
| No. of Units: | 4 |
| Year Built: | 1975 |
| Lot Size: | 2,664.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $146,250 |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 4 |
ID: 3yd-CDARCA-219142327
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