$329,900
$329,900
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16675 Florence DR Desert Hot Springs, CA 92240
7,405 Sqft Lot
Key Details
Sold Price $329,900
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-1
MLS Listing ID 219134089DA
Year Built 1973
Lot Size 7,405 Sqft
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 parkingSeparate gas & electric metersRenovated in 2014 with modern upgradesWall A/C units, tile flooring, and enclosed storage room360 Coachella Valley mountain viewsCrime Free Multi-Housing certifiedWith 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, Propane
Cooling Central Air
Flooring Carpet, Tile
Exterior
Parking Features Shared Driveway
View Y/N Yes
View Desert, Mountain(s)
Roof Type Composition
Building
Story 1
Foundation Slab
Sewer Septic Tank
New Construction No
Others
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
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Bought with Vincente Martinez Coldwell Banker Realty