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2542 Sea View Dr1 / 48 · Click to zoom

About this home

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.

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Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
🏷 Last sold$65,000 · Dec 2018
📋 Assessed value$72,504
💵 Annual tax$5,758
🏫 School districtCoachella Valley Unified School District

MLS #219142327

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone
🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

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Loan term (yrs)
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Estimated total monthly payment
$3,665
Principal & interest$2,958
Property tax$536
Home insurance$171
Down payment: $117,000Loan: $468,000

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.