2936 Borrego Springs Rd., Borrego Springs, CA 92004 - NDP2200479 - iPro Real Estate
iPro Real Estate

iPro Real Estate

For Sale

$475,000 $18.80 per sqft

Free Professional CMA

Listing ID : NDP2200479

  • Beds

    1
  • Lot Size

    25,264 Sqft

Description

Rare opportunity to own a part of Borrego history. Built in 1949 these are some of the oldest structures in Borrego Springs and was once known as The JoJoBa Motel. Loaded with character this fourplex features adobe brick walls, knotty pine walls, and vaulted wood beam ceilings. Complex contains two standard studio units, one large studio unit, and one 1 bedroom unit. Large 0.58 acre lot with beautiful views. Close to shopping, restaurants, and galleries. Fully occupied with dependable tenants.

Details

Type: Multi-Family/Income Sale 
County: San Diego 
Tax ID: 1981921200
Cap Rate: 6% 
Net Operating Income: $21,165 
Days on Market: 202 
Appliances: Range/Oven, Refrigerator 
Number of Units: 4 
Property Type: Residential Income 
Sub Type: Multi Family 

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Interactive

33.239376 -116.374557 $475,000 NDP2200479
2936 Borrego Springs Rd., Borrego Springs, CA 92004
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Area Information 92004

Population:

4,788 -0.02% since 2010
Average Income:
$60,051
Average Age:
48Years
Gender:
66.44%Male
33.56%Female
Households:
1,46118.78% with children
Average Value:
$353,888
Occupancy:
76.32%Owned
23.68%Rented
40.65%Vacant
Education:
31.16%High School
5.98%Associate
14.39%Bachelor
4.3%Graduate
Average Residency:
19Years
Crime Rate:
Above Average
Annual Rainfall:
4.96Inches
Earthquake Risk:
Very High
Hurricane Risk:
Very Low
Ozone Risk:
Average
Pollution Risk:
Average
Wind Risk:
Very Low

Tax Assessments

Value

  • Land $48,000
  • Improvements $172,000

  • Total $220,000

Property Tax

  • 2021 $2,604

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Listed by Kerry Christenson with Coldwell Banker Borrego