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Key Details
Sold Price $400,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,016 sqft
Price per Sqft $198
Subdivision Not In A Development
MLS Listing ID 21795806
Sold Date 01/11/22
Bedrooms 4
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1986
Lot Size 7,405 Sqft
Lot Dimensions Assessor
Property Description
A sound investment can be had with this total Four Bedroom / Four Bath, 2016 square foot Duplex in Desert Hot Springs. Built in 1986 as a Two Bedroom / Two Bath plan for each residence, the East facing entry allows for West Valley views from the rear yard, a plus for Tenants. It also keeps the Garage areas cooler year round with no direct afternoon sun. The over 1000 square feet Unit interior spaces are tile and laminate flooring, full sized Kitchens and have a Bath designated for each Bedroom, which widens the appeal for Tenants usage. Outdoor maintenance is low with minimal scaping, and there is a One Car Garage for each with ample extra parking in front on property. While the neighborhood is mostly built out, the Parcel to the North is vacant, which means that a new construction ultimately will have an ability add to the direct valuations for the neighboring homes, including your investment property. The Desert Springs Estates neighborhood where your investment is within is centrally located to all that Desert Hot Springs has to offer, with the Post Office, shopping, and schools located just a short distance away, but the immediate area is full residential. The City of Desert Hot Springs is experiencing considerable well managed growth and the localized job market, including the Coachillin Zone, being here has the potential of bringing in a reliable tenant population base to choose from that will help you keep a consistent tenancy over the years of your investment. New businesses are building their storefronts and restaurant locations nearby, which is another appeal for your Tenants. This is also located near Public Transportation that allows them to access the full Coachella Valley and beyond for their needs. The numbers are easy to crunch to come up with showing you this is a sound investment property to add to your inventory today.
Location
State CA
County Riverside
Area 340 - Desert Hot Springs
Zoning R2
Interior
Heating Central, Forced Air
Cooling Central Air
Flooring Laminate, Tile
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Disposal, Microwave, Range
Exterior
Parking Features Door-Single, Driveway, Garage, Uncovered
Garage Spaces 2.0
Garage Description 2.0
Pool None
Utilities Available Overhead Utilities
View Y/N Yes
View Canyon, Desert, Hills, Mountain(s)
Roof Type Composition,Shingle
Porch Concrete
Attached Garage Yes
Total Parking Spaces 4
Private Pool No
Building
Lot Description Back Yard, Corners Marked, Flag Lot
Faces East
Story 1
Entry Level One
Foundation Slab
Sewer Sewer Tap Paid
Architectural Style Traditional
Level or Stories One
New Construction No
Construction Status Repairs Cosmetic
Schools
School District Palm Springs Unified
Others
Senior Community No
Tax ID 641233014
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Submit
Listing Terms Cash, Submit
Financing Cash
Special Listing Condition Standard
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Bought with Angie Torres • Berkshire Hathaway HomeServices California Propert