$1,885,000
bedrooms
12
bathrooms
0
square feet
4,900
Acreage
0.18
Open Houses
-
year built
1961
Full Baths
0
Half Baths
0
RARE INVESTMENT OPPORTUNITY- Introducing four turn-key, Free-standing Homes on two combined lots with Shovel-Ready RTI Plans for additional development. All four homes are delivered Vacant and updated, with a long rental history and low vacancy. Each turn-key property consists of 2 Bedrooms and 1 Bath, and has its own private backyard space, parking, and shares a sparkling communal poolA true Oasis Compound. While the homes are ready to generate income NOW at a 5.5%- 5.8% CAP, the fully entitled and approved plans allow the next owner to build an additional 2 (2 BD/1 BTH) homes/ADU's, for 6 total, creating an additional stream of income and a potential $15K in gross return at just today's market rates. This is a rare chance to create immediate cash flow with new tenants, live in one home and rent out others, and/or value-add with additional development and increased income. Get in before the $2.2B Palm Springs Airport Expansion. The ultimate canvas for Real Estate Investors in a growing region...
| Location | |
| Subdivision | - |
| County | Riverside |
| Elementary School | - |
| Middle School | - |
| High School | - |
Exact location data not provided
Open houses
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MLS number: 25507085
Listing agent:
Spencer Daley
Listing broker:
Douglas Elliman Of California
(310) 595-3888
Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Thursday, March 6 2025 at 2:00 p.m. EST
Kotohomes National