$249,500

10970 Santa Cruz Road

Desert Hot Springs CA, 92240

Description

This lovely Duplex is situated in the middle of a peaceful neighborhood only a couple minutes away from the Hot Springs of the Desert Hot Springs area. Conveniently close to Morongo Casino and Desert Hills Premium Outlets! Police Station, Fire Station, and the City Library are mere minutes away as well. This is a perfect location to live in one unit while renting out the other unit to pay for mortgage. The second unit is already occupied at market rate so there's no need to look for a tenant. This can also potentially be a perfect property for investment as well. Rent out both units to pay for your mortgage while generating passive income every month. Another option is to Air BNB the first unit and generate even more income! This property is in great condition! GRM is at 12.10 and Cap Rate is 5.6%.

Details

MLS#19521680
Sub-TypeResale
StatusActive
Year1959
Days On Site47

Features

SQ Feet1,740
Units2
Building(s)1

Market Activity 92240

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Area Information

StateCA
CountyRiverside
CityDesert Hot Springs
Zip Code92240
Area340 - Desert Hot Springs
Listing VS Median (in 92240)
Price:
$249,500
low | high
Med:
$132,000
97.094188376754% of Average
SqFt:
1,740
low | high
Med:
0
100% of Average
$ / SqFt:
$143
low | high
Med:
$0
100% of Average
On Site:
47
low | high
Med:
340
13.823529411765% of Average
Listing Updated: 12/10/2019
MLS Number: 19521680
Listing Provided By:
Daniel Han  of  Landpac Properties
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.