$329,900
$329,900
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16675 Florence DR Desert Hot Springs, CA 92240
5 Beds
2 Baths
1,456 SqFt
Key Details
Sold Price $329,900
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,456 sqft
Price per Sqft $226
MLS Listing ID 219134089
Style Other
Bedrooms 5
Full Baths 2
Year Built 1973
Lot Size 7,405 Sqft
Property Sub-Type Duplex
Property Description
Cash-Flowing Duplex in Desert Hot Springs!
Turnkey investment opportunity with two fully rented units and long-term tenants. Each unit offers 2 bedrooms / 1 bathroom, plus Unit B includes a bonus room and a laundry room with hookups. Approx. 729 sq. ft. (Unit A) and 1,053 sq. ft. (Unit B). Unit A rents for $1,295/mo. + $30/mo. for storage, Unit B at $1,075/mo.
Property highlights include:
• 6 parking spaces + street parking
• Separate gas & electric meters
• Renovated in 2014 with modern upgrades
• Wall A/C units, tile flooring, and enclosed storage room
• 360° Coachella Valley mountain views
• Crime Free Multi-Housing certified
With actual rents below market, there's strong potential for increased income. This is a low-maintenance, cash-generating duplex perfect for an armchair investor.
Location
State CA
County Riverside
Area 340 - Desert Hot Springs
Interior
Heating Central
Cooling Air Conditioning, Central Air
Exterior
View Y/N true
View Desert, Mountain(s)
Building
Story 1
Sewer Septic Tank
Others
Acceptable Financing 1031 Exchange, Cash, Cash to New Loan
Listing Terms 1031 Exchange, Cash, Cash to New Loan
Special Listing Condition Standard
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