Active
$999,000
4 Units
5 Beds
4 Baths
n/a Area(sq.ft.)
Lot: 15,682 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 1 | 1 | No | $ 1,345 | $ 1,345 | $ 1,345 |
| Unit 2 | 2 | 2 | 1 | No | $ 1,250 | $ 1,250 | $ 1,250 |
| Unit 3 | 3 | 1 | 1 | No | $ 1,900 | $ 1,900 | $ 1,900 |
| Unit 4 | 4 | 1 | 1 | No | $ 1,250 | $ 1,250 | $ 1,250 |
| 10 | 12 | 10 | $ 14,545 | $ 14,545 | $ 14,545 |
| MLS #: | 24-420303 |
| Days On Market: | 498 |
| Listing Date: | July 26, 2024 |
| County: | Riverside |
| Property Type: | Residential Income |
| Price per unit: | $ 249,750 |
| Year Built: | 1958 |
Property Details
Rare Investment opportunity in Rancho Mirage with Mountain Views. This 4-plex is located with on the corner of Thunder Road and Bird Lane off Hwy 111. Located in Rancho Mirage's A plus location with 4 units and a gated relaxing swimming pool, private enclosed patios and lots of parking. Each unit is separately metered. Unit #1 is a 1 bed/1 bath 800 sf with private gated patio 1 carport parking spot, Unit #2 is 2 beds 1 bath 1200 sf with private patio (not gated) 1 carport parking spot, unit #3 is 1 bed 1 bath w/fireplace 800 sf with private gated patio 1 carport parking spot and unit #4 is 1 bed 1 bath 750sf with private gated patio and 2 parking spots. each tenant pays their own utilities. owner has kept property maintained. Pet friendly. Conveniently located close to shopping & restaurants. Call agent for details. Drive by only. Please do not disturb tenants.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | False |
| Gross Operating Income: | $ 5,645 |
| Total Annual Expense: | $ 640 |
| Net Operating Income: | $ 5,645 |
| Gross Annual Income: | $ 5,645 |
| Gross Rent Multiplier: | 0.00 |
Structure
| Amenities: | None |
| Type of Units: | 4-plex |
| Buildings: | 1 |
| Levels: | One |
| Security Features: | Smoke Detector, Carbon Monoxide Detector(s), Exterior Security Lights |
| Style: | Bungalow |
| Sewer: | Septic Tank |
| View Description: | Mountains, City, City Lights |
| Water: | Water District |
Land & Parking
| Zoning: | PUDB |
| Land Lease Type: | Fee |
| Parking Garage: | Carport, Unassigned, Uncovered, Offsite, On street |
Interior
| Cooking Appliances: | Cooktop - Electric, Gas, Oven-Gas, Microwave |
| AC/Cooling: | Air Conditioning, Wall Unit(s) |
| Equipment: | Garbage Disposal, Hood Fan, Refrigerator, Range/Oven |
| Heating: | Central |
| Fireplace Rooms: | Living Room |
| Laundry: | None |
| Patio Features: | Enclosed, Porch - Rear |
Exterior
| Pool: | True |
| Pool Description: | In Ground |
Detailed Map
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