12201 Cactus DR, Desert Hot Springs, CA 92240

$370,000

Est. payment -/mo

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

4 Beds

2 Baths

1,400 SqFt

SOLD DATE : 08/01/2022

Key Details

Sold Price $370,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,400 sqft

Price per Sqft $264

Subdivision Desert View Estates (34004)

MLS Listing ID IG22076538

Bedrooms 4

Full Baths 2

Year Built 1959

Lot Size 6,534 Sqft

Property Description

This is an exceptional opportunity for investors!! Property is located on a corner lot with plenty of parking. This property is a Duplex and has an additional space to potentially build out another property. Each unit has 2 bedrooms and 1 bath. One of the units has newer kitchen cabinets and laminate floors. This unit is currently tenant occupied and they have a 1 year lease. Their lease will expire in about 7 months and is currently leased at $1295 a month. The other unit needs a little TLC. This unit is also currently tenant occupied but they are on a month to month contract. The current tenants were given a 60 day notice. This unit was being leased under price at $1025 so it could potentially be leased for more after some renovations. The property is centrally located near shopping centers and main roads. Each unit has their own separate gas and electric meters. This is a great opportunity so don't miss out!!

Location

State CA

County Riverside

Area 340 - Desert Hot Springs

Zoning R2

Rooms

Other Rooms Two On A Lot

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Laminate, Tile

Fireplaces Type None

Laundry Washer Hookup, Gas Dryer Hookup, Outside

Exterior

Parking Features On Street

Pool None

Community Features Street Lights, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View Mountain(s), Neighborhood

Building

Lot Description 2-5 Units/Acre, Corner Lot

Story 1

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Palm Springs Unified

Others

Acceptable Financing Cash, Conventional, Submit

Listing Terms Cash, Conventional, Submit

Special Listing Condition Standard

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Paul Ward

paul@homeandranchteam.com +1(805) 479-5004

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by Oscar Tortola • Oscar Tortola Group Real Estate Services • 951-733-2040
Bought with Marjorie Taft • Taft & Associates

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Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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