$732,500
$739,000
0.9%For more information regarding the value of a property, please contact us for a free consultation.
66066 5Th ST Desert Hot Springs, CA 92240
0.3 Acres Lot
Key Details
Sold Price $732,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 21745288
Year Built 1956
Lot Size 0.300 Acres
Property Description
Investors Dream! Minutes from Palm Springs and Joshua Tree, this artistically-designed gated compound offers spectacular sunset and mountain views. ** Set your own Rental Rates ** All units to be delivered VACANT **Generate higher revenue via Airbnb/VRBO or as a full-compound rental for retreats, gatherings, Coachella festival, etc. Two concrete pads offer addl rental space for Tiny House/RV/yurt. Rentable storage on-site. Terraced .30-acre dbl-lot. Spanish Style 4-Plex. Two separate duplexes each with oversized insulated garage (studio/gym/shop) * UPGRADES: Plumbing, ac/heat, electrical, and sprinkler systems. NEW Electric Panels + 4-meters. All units renovated with interior paint, fixtures, upgrades to bathrooms & kitchens, newer appliances. Hand-carved wood beams, custom-designed handrails, gates, French doors. Private and shared courtyards. Gazebo. Automated night-lights, laundry, tool room. Pool-spa potential. Desert Hot Springs is world-renowned as a wellness destination for its mineral-rich aquifer waters found at local Spa Resorts and for its burgeoning Cannabis Industries that contributed more than $4 million to city revenue last year. Public infrastructure facilities include NEW library, schools, fire/police depts, city hall, community center, and parks.
Location
State CA
County Riverside
Area 340 - Desert Hot Springs
Zoning R1
Rooms
Other Rooms Guest House
Interior
Heating Central
Cooling Central Air
Flooring Tile
Fireplaces Type Living Room
Laundry Common Area, Inside, Laundry Room
Exterior
Garage Assigned, Detached Carport, Driveway, Garage, Garage Door Opener, Gated, Private, RV Gated, RV Access/Parking
Garage Spaces 5.0
Garage Description 5.0
Community Features Gated
View Y/N Yes
View Mountain(s)
Roof Type Tile
Building
Lot Description Landscaped, Rectangular Lot
Story 1
Foundation Slab
Sewer Sewer Tap Paid
New Construction No
Others
Acceptable Financing Cash, Conventional, Cal Vet Loan, FHA, Private Financing Available, VA Loan
Listing Terms Cash, Conventional, Cal Vet Loan, FHA, Private Financing Available, VA Loan
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Jeni Campa • BD Homes-The Paul Kaplan Group