69786 Stellar Drive Rancho Mirage, CA 92270
Sale
$2,245,000
4 Units
12 Beds
12 Baths
7,652 Area(sq.ft.)
n/a Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| 0 | 0 | $ 0 | $ 0 | $ 0 |
| MLS #: | 219105478DA |
| Days On Market: | 74 |
| County: | Riverside |
| Property Type: | Residential Income |
| Price per ft2: | $ 293 |
| Price per unit: | $ 561,250 |
| Year Built: | 1964 |
Property Details
An outstanding opportunity awaits you in the heart of Rancho Mirage! This is your opportunity to acquire a set of four attached homes, each with its individual parcel number, in a prime location that promises exceptional returns. These spacious units boast three bedrooms, 2.5 baths, and two-car garages, with over 1900 square feet of living space. Step onto your private balcony to savor panoramic city views that provide the perfect backdrop for relaxation and entertainment. Located at 69786, 69790, 69794 & 69798 Steller Dr., in the coveted Rancho Mirage Cove, these properties offer a high vantage point above the valley, delivering breathtaking vistas. Inside, you'll discover spacious kitchens adorned with granite countertops. The generous living rooms and dining areas offer ample space for gatherings and relaxation.Whether you're looking to diversify your investment portfolio or execute a 1031 exchange, this location is ideal for investors seeking prime real estate opportunities. The flexibility to either maintain these properties as a valuable investment portfolio or sell each unit individually, thanks to their separate APNs, is a significant advantage.Beyond the investment potential, you'll find convenience at your doorstep. Just minutes away, enjoy shopping, dining, and entertainment options, making it effortless to embrace the desert lifestyle you've always desired.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Actual Gross Rent: | $ 119,220 |
| Actual Rent Total: | $ 9,935 |
Structure
| Levels: | Two |
| Style: | Contemporary |
| Sewer: | In Connected and Paid |
| View Description: | City, City Lights, Hills, Valley |
Land & Parking
| Land Lease Type: | Fee |
| Parking Garage: | Door Opener |
Interior
| Cooking Appliances: | Convection Oven, Microwave |
| AC/Cooling: | Air Conditioning, Central |
| Equipment: | Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Refrigerator, Washer |
| Heating: | Forced Air, Natural Gas |
| Kitchen Features: | Granite Counters |
| Laundry: | In Closet |
| Patio Features: | Concrete Slab |
Exterior
| Pool: | No |
| Roof: | Flat |
| Spa: | No |
Detailed Map
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