Listed by: Michelle Gold, Desert Gold Properties Inc.
$75,000
●
Mobile Manufactured -
Off Market
2862 Argus Avenue
Salton City, CA 92274
3 Beds
2 Baths
1,152 Ft²
$105,932
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model
About This Property
Salton City, Ca. 2862 & 2858 Argus Avenue. 3 Bedroom, 2
Bath. Manufactured Home located on two separate lots totaling
19,375 sf M/L. Probate Sale with full Authority. Property
sold ''AS-IS''. Seller and/or agent make no warranties except
as to Title. Located in Vista Del Mar Tract area off
Treadwell Blvd. You own the land, No HOA. Lower IID
electric in this area. Home is a FIXER. Cash offers
only please. Area know for its gorgeous winter weather.
Plenty of room for all your toys.
Unit Size
1,152 Ft²
Days on Market
112 days
Land Size
0.44 acres
Price per sqft
$82
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
1983
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #219065453DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 4, 2025 | Listed | $275,000 | |
| Listed | |||
| | |||
|
Beautifully remodeled 3 bed, 2 bath home on a spacious lot in Salton City! This move-in ready property features modern updates throughout, including new flooring, upgraded kitchen, and refreshed bathrooms. Open floor plan offers comfortable living and great natural light. Plenty of outdoor space for parking, entertaining, or future expansion. Seller also willing to sell neighboring lot perfect for extra space, RV storage, or investment potential. Please inquire
| |||
| Nov 17, 2021 | Sold | ||
| Sold | |||
| Jul 28, 2021 | Listed by Desert Gold Properties Inc. | $95,000 | |
| Listed by Desert Gold Properties Inc. | |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Salton City
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Listed by: Michelle Gold, Desert Gold Properties Inc.
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219065453DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219065453DA
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