16675 Florence DR Desert Hot Springs, CA 92240
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,456 sqft
Price per Sqft $226
MLS Listing ID 219134089
Style Other
Bedrooms 5
Full Baths 2
HOA Y/N No
Year Built 1973
Lot Size 7,405 Sqft
Property Sub-Type Duplex
Property Description
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
Inclusions All personal property owned by Seller.
Fireplace false
Exterior
View Y/N true
View Desert, Mountain(s)
Private Pool No
Building
Story 1
Entry Level Ground
Sewer Septic Tank
Architectural Style Other
Level or Stories Ground
Others
Senior Community No
Acceptable Financing 1031 Exchange, Cash, Cash to New Loan
Listing Terms 1031 Exchange, Cash, Cash to New Loan
Special Listing Condition Standard