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.
Thermal is located in California. Thermal, California has a population of 1,198. Thermal is less family-centric than the surrounding county with 26.55% of the households containing married families with children. The county average for households married with children is 35.14%.
The median household income in Thermal, California is $14,500. The median household income for the surrounding county is $76,066 compared to the national median of $69,021. The median age of people living in Thermal is 46.3 years.
The average high temperature in July is 107.7 degrees, with an average low temperature in January of 40.8 degrees. The average rainfall is approximately 3.3 inches per year, with 0 inches of snow per year.
