16675 Florence DR Active

Desert Hot Springs,CA 92240

$ 329900

- Bed

0 Bath

- SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Not Applicable-1

MLS Listing ID 219134089DA

Construction Status Fixer,Repairs Cosmetic

HOA Y/N No

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

Inclusions All personal property owned by Seller.

Fireplace No

Appliance Gas Range,Propane Water Heater,Water Heater

Exterior

Parking Features Shared Driveway

View Y/N Yes

View Desert,Mountain(s)

Roof Type Composition

Total Parking Spaces 6

Private Pool No

Building

Story 1

Foundation Slab

Sewer Septic Tank

New Construction No

Construction Status Fixer,Repairs Cosmetic

Others

Senior Community No

Tax ID 665152007

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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