$370,000
$385,000
3.9%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
1,400 SqFt
SOLD DATE : 08/01/2022
Key Details
Sold Price $370,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,400 sqft
Price per Sqft $264
Subdivision Desert View Estates (34004)
MLS Listing ID IG22076538
Sold Date 08/01/22
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1959
Lot Size 6,534 Sqft
Property Description
This is an exceptional opportunity for investors!! Property is located on a corner lot with plenty of parking. This property is a Duplex and has an additional space to potentially build out another property. Each unit has 2 bedrooms and 1 bath. One of the units has newer kitchen cabinets and laminate floors. This unit is currently tenant occupied and they have a 1 year lease. Their lease will expire in about 7 months and is currently leased at $1295 a month. The other unit needs a little TLC. This unit is also currently tenant occupied but they are on a month to month contract. The current tenants were given a 60 day notice. This unit was being leased under price at $1025 so it could potentially be leased for more after some renovations. The property is centrally located near shopping centers and main roads. Each unit has their own separate gas and electric meters. This is a great opportunity so don't miss out!!
Location
State CA
County Riverside
Area 340 - Desert Hot Springs
Zoning R2
Rooms
Other Rooms Two On A Lot
Main Level Bedrooms 4
Interior
Interior Features Ceiling Fan(s), All Bedrooms Down
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Laminate, Tile
Fireplaces Type None
Fireplace No
Appliance Gas Range
Laundry Washer Hookup, Gas Dryer Hookup, Outside
Exterior
Garage On Street
Pool None
Community Features Street Lights, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Mountain(s), Neighborhood
Parking Type On Street
Private Pool No
Building
Lot Description 2-5 Units/Acre, Corner Lot
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
Additional Building Two On A Lot
New Construction No
Schools
School District Palm Springs Unified
Others
Senior Community No
Tax ID 641022025
Acceptable Financing Cash, Conventional, Submit
Listing Terms Cash, Conventional, Submit
Financing Cash
Special Listing Condition Standard
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Bought with Marjorie Taft • Taft & Associates