$575,000
$680,000
15.4%For more information regarding the value of a property, please contact us for a free consultation.
0.32 Acres Lot
SOLD DATE : 09/23/2024
Key Details
Sold Price $575,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-1
MLS Listing ID 219113174PS
Sold Date 09/23/24
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1952
Lot Size 0.321 Acres
Acres 0.3214
Property Description
Investment opportunity. Expansive private lot of approximately 14,000sf with stunning mountain views and great outdoor space for storage, a future pool or to add on. This property is now vacant for easy access. Established high seasonal rental income history. It comprises of a single level home of 1114sf featuring 2BDR-1BA, an attached Studio with kitchenette, bathroom and private W/D, as well as a charming recently renovated detached 2BDR-2BA casita of approximately 825sf with large open concept kitchen-living, one bathroom with W/D and spacious bedroom. The main house features high cathedral ceilings with exposed ceiling beams, open concept remodeled kitchen with large centered island. The very large yard has a bocce ball court, a gazebo with BBQ. Conveniently located to nearby commercial plaza with market, restaurants and popular In-shape gym. Very versatile space for a buyer to take it to the next level. Strong rental history. Recent income averaged approximately $6400/Month. Fee simple (You own the land) and No HOA. The accuracy of all information, regardless of source, including but not limited to, square footages and lot size, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
Location
State CA
County Riverside
Area 336 - Cathedral City South
Rooms
Other Rooms Guest House, Gazebo
Interior
Interior Features Cathedral Ceiling(s), High Ceilings, Open Floorplan, Recessed Lighting
Heating Forced Air, Natural Gas
Cooling Wall/Window Unit(s)
Flooring Tile
Fireplace No
Appliance Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Water Heater
Exterior
Garage Covered, Detached Carport, Guest, Oversized, Unassigned
Carport Spaces 3
View Y/N Yes
View Mountain(s)
Roof Type Shingle
Parking Type Covered, Detached Carport, Guest, Oversized, Unassigned
Total Parking Spaces 9
Private Pool No
Building
Lot Description Landscaped, Level, Paved, Rectangular Lot, Yard
Story 1
Entry Level One
Foundation Slab
Architectural Style Bungalow, Cottage, Modern
Level or Stories One
Additional Building Guest House, Gazebo
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 673171020
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
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Bought with HENRY TRAN • RE/MAX TIME REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "