Description
Investor's dream property! a rare and lucrative income-generating opportunity awaits! this prime investment property, located just outside the city limits of desert hot springs, offers stunning panoramic views of three majestic mountain ranges, all while being just minutes away from the excitement of palm springs. the property features a well-maintained single-family home plus a spacious detached adu. the primary residence is a 3 bedroom, 2 bath home with the 3rd bedroom converted into a separate studio unit with kitchen and private entry. the detached adu, a grandfathered recreation room conversion, offers 1 bedroom, 1 bath, and a fully equipped kitchen, bringing in an additional $1,800/month. the main house can be rented for between $2,200 - $2,400/month, offering substantial potential for ongoing revenue. unit 4 represents a rv/5th wheel with utilities hook up and projected rent is $1,250/month. a separate laundry room located beneath a covered patio, with exterior access, serves all three units for added convenience. every unit has been meticulously remodeled, with top-tier finishes including white quartz countertops, brand-new appliances, custom cabinetry, energy-efficient led lighting, and mini-split hvac units for ultimate comfort and efficiency. the property sits on a generous 2/3-acre lot (approximately 100 feet wide by 300 feet deep), offering abundant space for expansion or additional development. half of the rear lot is flat and vacant, providing a perfect opportunity for adding more structures or utilizing the land for other purposes. the entire property is securely fenced with a 6-foot tall, newer wood fence, ensuring privacy. rear alley access from the southwest corner adds convenience, and a sliding metal/wood gate at both the front and rear of the lot provides easy access and security. for those with recreational vehicles, this property includes full rv hookups, with 30/50 amp electric, water, and sewer connections. additionally, there are two storage sheds one attached, and one detached offering ample room for all your storage needs. zoned w-2, the property allows for a range of uses, including single-family, agricultural, adu, home business, and more. the flexibility this property offers is unmatched, making it an ideal choice for savvy investors seeking long-term returns. this is an exceptional opportunity to invest in a property with tremendous income potential and future growth possibilities. a must-see for any serious investor!
Property Type
Residential IncomeCounty
RiversideStyle
ContemporaryAD ID
48676532
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 3
Bathroom Information
- Total Baths: 3
- Full Baths: 0
- Half Baths: 0
Water/Sewer
- Sewer : Septic Type Unknown
Interior Features
- Roof : Tar/Gravel
- Interior Features: Ceiling Fan(s)
- Property Appliances: Microwave,Dryer,Washer
- Fireplace: None
- Flooring: Wood
Cooling Features
- Central Air
- Air Conditioning
Heating Source
- Central,Forced Air
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1964
- Building Area Total: 1,115
- Construction: Concrete,Stucco
- Roof: Tar/Gravel
Foundation
- Slab
Security Features
- Carbon Monoxide Detector(s),Fire Detection System,Security Gate,Smoke Detector(s)
Pool Features
- None
Laundry Features
- Inside,Laundry Closet
Patio And Porch
- Open,Patio
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.63
- Lot Size Source: Assessor
- Lot Size Square Feet: 27443
-
Listing Information
Listing Price Information
- Original List Price: 589,000
- Listing Contract Date: 2025-02-21
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 663041012
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Controlled Entrance,Electric Gate,Gravel,RV Hook-Ups,Uncovered
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Pending
- Source Neighborhood: 340 - Desert Hot Springs
- Postal Code Plus 4: 3444
- Directions: Head north on N Indian Canyon Drive and continue northbound. Turn Right onto Pierson Boulevard, then Turn Right onto United Road. Your destination will be on the right, just ahead.
- Zoning: W-2
- Source Property Type: Residential Income
- Area: 340 - Desert Hot Springs
Building and Construction
- Property Age: 61
- Property Condition: Updated/Remodeled
- Year Built Source: Assessor
- Total Square Feet Living: 1115
- Entry Location: Ground Level - no steps
- Levels or Stories: One
- Building Total Stories: 1
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BuyOwner last updated this listing 04/28/2025 @ 05:25
- MLS: 25497707PS
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 3 bedrooms which is recently sold, it has 1,115 sqft, 27,443 sized lot, and 0 parking. are nearby neighborhoods.