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10970 SANTA CRUZ Road, Desert Hot Springs, CA 92240

Property · 2 recorded sales since 2016

10970 SANTA CRUZ Road, Desert Hot Springs, CA 92240 Sold March 2020 CRMLS
$240,000Sold March 2020

Listing Agent: Daniel Han (DRE #02067331) · Listing Office: Landpac Properties · Contact: 213-388-5155 · Bought with: Daniel Han · Landpac Properties · MLS #19521680 · Source: CRMLS

9,148 sqft
Lot Size
1959
Year Built
Property
Type
2
Garage
WallFurnace
Heating

About this property

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.

Sale history

$240,000
Sold March 2020 · listed $249,500, orig. $249,000, on market October 2019 · MLS #19521680 · Source: CRMLS
Listing Agent: Daniel Han · Listing Office: Landpac Properties · Contact: 213-388-5155 · Bought with: Daniel Han · Landpac Properties
$130,000
Sold March 2016 · listed $144,500, on market January 2016 · MLS #EV16006874 · Source: CRMLS
Listing Agent: MARIA BARRANTES · Listing Office: REGIONCY REAL ESTATE · Contact: 800-793-4249 · Bought with: SOPHIE LEE · NEW STAR REALTY & INVESTMENT
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