bedrooms
bedrooms
12
bathrooms
bathrooms
0
square feet
square feet
4,900
acreage
Acreage
0.18
open houses
Open Houses
-
year built
year built
1961
full baths
Full Baths
0
half baths
Half Baths
0
Introducing four turn-key, Free-standing Homes on two combined lots with Shovel-Ready RTI Plans for additional development. Currently, 2 out of the 4 units are delivered vacant, with a long rental history and low vacancy. Each turn-key property consists of 2 Bedrooms and 1 Bath, and has their own private backyard space, parking, and shares a sparkling communal pool. A true Oasis Compound. While the homes are ready to generate income NOW at close to 6% CAP, the fully entitled and approved plans allow the next owner to build an additional 2 (2 BD/1 BTH) homes/ADU's, for 6 total, creating an additional stream of income and a potential $15K in gross return at just today's market rates. This is a rare chance to create immediate cash flow with new tenants, live in one home and rent out others, and/or value-add with additional development and increased income. Get in before the $2.2B Palm Springs Airport Expansion. The ultimate canvas for Real Estate Investors in a growing region...
Location
Subdivision -
County Riverside
Elementary School -
Middle School -
High School -
Exact location data not provided
no map
open houses Open houses
None scheduled.
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MLS number: 25529355
Listing agent: Ernie Carswell
Listing broker: Douglas Elliman Of California (310) 595-3888
Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Thursday, April 24 2025 at 4:42 p.m. EDT
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