$439,000
$439,888
0.2%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
SOLD DATE : 12/21/2023
Key Details
Sold Price $439,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Subdivision Desert View Estates (34004)
MLS Listing ID TR23187985
Sold Date 12/21/23
Bedrooms 4
Property Sub-Type Res Income 2-4 Units
Property Description
Discover an exceptional investment opportunity in the heart of Desert Hot Springs, California, with this immaculate triplex property. Situated in a desirable location, this triplex offers three distinct units, including two studio units and a spacious two-bedroom unit, making it an ideal income-generating asset for savvy investors. The first unit is a charming studio with one bedroom and one bathroom, encompassing approximately 400 square feet of well-designed living space. The second unit is another studio unit, complete with a bedroom and bathroom, also boasting approximately 400 square feet of comfortable living area. The third unit is a generously sized two-bedroom unit with one bathroom, offering approximately 600 square feet of living space. Two of the units, including one studio and the two-bedroom unit, will be delivered vacant and move-in ready. This presents an excellent opportunity for immediate rental income or the possibility of occupying one of the units while generating income from the others. Buyers to do due diligence if they can expand the property by adding an Accessory Dwelling Unit (ADU) due to the ample lot size of 6,534 square feet. Desert Hot Springs is renowned for its natural mineral springs, stunning desert landscapes, and a burgeoning real estate market. With its proximity to Palm Springs and the Coachella Valley, this location offers an appealing combination of relaxation and entertainment. The area's popularity with tourists and seasonal residents provides a consistent demand for rental properties, making this triplex an attractive investment.
Location
State CA
County Riverside
Zoning Assessor
Direction On 6th east of West Drive.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Acceptable Financing Cash, Conventional, Exchange, FHA, VA
Listing Terms Cash, Conventional, Exchange, FHA, VA
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Bought with Andy Dean First Western Properties

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "






