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Key Details
Sold Price $480,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-1
MLS Listing ID 219074055DA
Sold Date 03/25/22
HOA Y/N No
Year Built 1987
Property Description
One of a kind investment opportunity in one of the best areas in Desert Hot Springs. This duplex property is great for a first time buyer and investor alike. This property will qualify for FHA financing for first time home buyer. Live in one unit while renting the other out for approximately $1650/month income. This duplex features a private backyard for both units, with one having an outdoor patio and plenty of parking space for yourself and your future tenant. To all the investors this is a possible 8.5% return on your investment. This property has 3 bed and 2 baths on each side. Unit A has an enclose courtyard along with the private backyard, in the garage will house 2 compact vehicles. Unit B has a private patio area along with a private backyard, and a 1 car garage.
Location
State CA
County Riverside
Area 340 - Desert Hot Springs
Interior
Heating Central, Natural Gas
Cooling Central Air
Flooring Carpet, Tile
Fireplace No
Appliance Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Heater
Exterior
Garage Driveway, On Street
Garage Spaces 3.0
Garage Description 3.0
View Y/N Yes
View Mountain(s)
Roof Type Tile
Parking Type Driveway, On Street
Total Parking Spaces 3
Private Pool No
Building
Lot Description Yard
Story 1
Entry Level One
Architectural Style Traditional
Level or Stories One
Others
Senior Community No
Tax ID *638173020
Acceptable Financing Cash, Conventional, FHA, Submit, VA Loan
Listing Terms Cash, Conventional, FHA, Submit, VA Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Angela Arvanitis • First Team Real Estate
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Crystal Trammell
REALTOR® | Mortgage Broker | License ID: 02147605
REALTOR® | Mortgage Broker License ID: 02147605