Bermuda Dunes, CA 92203,78701 Avenue 42

$675,000

Est. payment /mo

$675,000

Est.Price: ?

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78701 Avenue 42 Bermuda Dunes, CA 92203

0.25 Acres Lot

SOLD DATE : 02/14/2022

Key Details

Sold Price $675,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Not Applicable-1

MLS Listing ID 219071410DA

Sold Date 02/14/22

HOA Y/N No

Year Built 1986

Lot Size 10,890 Sqft

Property Description

Here's an opportunity for an owner-user to pick up a Duplex in Bermuda Dunes. Unit A pays $1,411 (month to month). Unit B pays $1,795 (move in date 8/31/2021) Both rental units have 2 bedrooms, 2 bathrooms, each with a 2 car garage, and a backyard/side-yard. The building has been recently painted along with other improvements. Or, use them as Short Term Vacation Rental (STVR).See attached Riverside County STVR Ordinance Riverside County STVR Website : https://rctlma.org/shorttermrentals (application, ordinance, good neighbor brochure, etc.) Proforma Income Unit A: $1,411 ($1,795 (Market) Unit B: $1,795 Monthly: $3,590 Annual: $43,080 Expenses Taxes (New): $8,020 Insurance: $500 Gardener: $1,440 Pest Control: $420 Trash: 480 Water: $960 Total: $11,820

Location

State CA

County Riverside

Area 312 - Bermuda Dunes, Myoma

Interior

Heating Central

Cooling Central Air

Flooring Tile

Fireplace No

Appliance Dishwasher, Gas Range, Microwave, Water Heater

Exterior

Garage Assigned, Driveway, Garage, Garage Door Opener, On Street

Garage Spaces 2.0

Garage Description 2.0

View Y/N Yes

View Desert

Roof Type Tile

Parking Type Assigned, Driveway, Garage, Garage Door Opener, On Street

Total Parking Spaces 6

Private Pool No

Building

Lot Description Back Yard, Lawn, Landscaped, Paved, Yard

Story 1

Entry Level One

Level or Stories One

Others

Senior Community No

Tax ID 607216025

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash

Special Listing Condition Standard

Lease Land No

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California Regional MLS (CRMLS)
Listed by Kate Rust • Wilson-Meade Commercial Real Estate
Bought with Michael Heath • VPM Rents, Inc.

Alexander Duarte

CEO | i01970077

+1(714) 376-9253

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