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33654 Pueblo Cathedral City, CA 92234
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Key Details
Sold Price $747,400
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW23131607
Sold Date 09/25/23
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1984
Lot Size 8,276 Sqft
Property Sub-Type Duplex
Property Description
Excellent Investor Opportunity: $64,200 Annual Income. $5350.00 monthly rental income. GRM 12%. Low Operating Expenses $14,466 Profitable NOI $49734.00. 2-unit Duplex 6 bedrooms 4 full bathrooms both have large 2-car garages with additional driveway parking spots. Renovated and updated July 2023, 100% occupied with new 12-month leases as of July and August 2023. The renovation includes New Roof, all new paint both interior and exterior, each unit has all appliances, a Private Washer & Dryer included in the garage, ceiling fans in the living rooms and some bedrooms, newer bathroom vanities, and LED lighting inside and out. Special Features: Spacious private backyards, maintenance-free front patio play or dining area, and new landscaping. Great location, easy access to all major roads and highways throughout the Coachella Valley, and strong employment opportunities. The neighborhood includes beautiful parks, schools, shopping, entertainment centers for easy living, a nearby casino, and golf courses. High demand for rental housing, and long-term multiple-year tenancies are common in this area.
Location
State CA
County Riverside
Area 336 - Cathedral City South
Zoning R204M
Interior
Interior Features Open Floorplan, Recessed Lighting, Tile Counters, All Bedrooms Down
Heating Central
Cooling Central Air
Flooring Tile
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Microwave, Refrigerator
Laundry In Garage
Exterior
Parking Features Driveway, Garage
Garage Spaces 4.0
Garage Description 4.0
Fence Block, Wood
Pool None
Community Features Curbs, Dog Park, Golf, Hiking, Mountainous, Park, Street Lights, Sidewalks
Utilities Available Electricity Connected, Phone Available, Sewer Connected, Water Connected
View Y/N Yes
View City Lights, Mountain(s)
Roof Type Shingle
Total Parking Spaces 8
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 680441035
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, Fannie Mae, Freddie Mac, Government Loan, USDA Loan, VA Loan
Listing Terms Cash, Conventional, 1031 Exchange, FHA, Fannie Mae, Freddie Mac, Government Loan, USDA Loan, VA Loan
Financing Cash to Loan
Special Listing Condition Standard
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