Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1965
Sq.Footage
N/A
This exceptional triplex is being delivered VACANT at Close of Escrow, offering a rare clean slate for both savvy investors and strategic owner-occupants. This full vacancy grants you immediate control to set your own rents or move in right away. The property boasts a strong Actual Cap Rate of 8.7% , positioning it as an exceptional value proposition. The triplex is divided into two separate buildings for maximum privacy and income flexibility. The spacious 2-Bedroom/1-Bath Back House is perfect for an owner-occupant, featuring a dedicated private backyard and parking access from the driveway. The two front 1-Bedroom/1-Bath units are ready for tenant placement and can significantly provide substantial income to help with mortgage payments. Enjoy the affordable, scenic lifestyle of 'California's Spa City.' This location provides access to natural hot mineral springs and offers breathtaking mountain views. A quick 10-15 minute drive connects residents to the culture, dining, and amenities of Downtown Palm Springs. For the outdoor enthusiast, it is a short drive to Joshua Tree National Park.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Wall/Window Unit(s)
-
Fireplace YN
NO
-
Heating YN
YES
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Assigned
-
Pool
Yes
-
Pool Features
None
-
View
Mountain(s)
Area & Lot
-
Lot Size(acres)
0.15
-
Property Type
Residential Income
-
Property Sub Type
Triplex
Price
-
Sales Price
$475,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
8
-
Water Source
Public
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Location
County
Riverside
Elementary School
Middle School
High School
Listing Courtesy of Anna Knauf , Coldwell Banker Hallmark Realty
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