Property · 2 recorded sales since 2016
Listing Agent: Daniel Han (DRE #02067331) · Listing Office: Landpac Properties · Contact: 213-388-5155 · Bought with: Daniel Han · Landpac Properties · MLS #19521680 · Source: CRMLS
This lovely Duplex is situated in the middle of a peaceful neighborhood only a couple minutes away from the Hot Springs of the Desert Hot Springs area. Conveniently close to Morongo Casino and Desert Hills Premium Outlets! Police Station, Fire Station, and the City Library are mere minutes away as well. This is a perfect location to live in one unit while renting out the other unit to pay for mortgage. The second unit is already occupied at market rate so there's no need to look for a tenant. This can also potentially be a perfect property for investment as well. Rent out both units to pay for your mortgage while generating passive income every month. Another option is to Air BNB the first unit and generate even more income! This property is in great condition! GRM is at 12.10 and Cap Rate is 5.6%.
Listing description from the March 2020 sale, as reported to CRMLS.