Coachella, CA 92236

$497,000

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List Price
$497,000
Status
ACTIVE
MLS#
219152134DA
Year Built
1955
Lot Size
7,841
Acres
0.18
Days on Market
10
Property Type
Multifamily
Stories
One Level
Neighborhood
Not Applicable-1

Property Description

INVESTMENT OPPORTUNITY IN COACHELLA! Whether you're an investor looking to add an income-producing property to your portfolio or a first-time buyer looking for a property that can help offset your monthly mortgage, this one offers plenty of possibilities!The property is currently configured with THREE separate living areas. The main unit features 2 bedrooms and 1 bathroom with updated flooring throughout most of the home, along with fresh interior and exterior paint. Attached to the main structure is an additional living area currently configured as a spacious 1-bedroom, 1-bath apartment featuring an oversized bedroom.The separate 2-bedroom, 1-bath unit was updated approximately three years ago and is currently tenant occupied at $1,800 per month, providing immediate rental income from day one.Additional improvements include roof work completed within approximately the past five years on the first unit. With an existing tenant already producing income and additional living areas offering further rental potential, this property presents an excellent opportunity to live in one unit while collecting rent, accommodate extended family, or maximize the property's income-producing potential.Don't miss this unique Coachella investment opportunity!Property is reflected as a DUPLEX in public/title records and is currently configured with three separate living areas. Buyer and buyer's agent to independently verify permits, square footage, unit configuration, zoning, rental potential, and all information with the City of Coachella and appropriate governmental agencies.

Additional Information

Heat
Central
Cooling
Yes
Cooling Description
Central Air, Wall/Window Unit(s)
Roof
Shingle
Attached Structure
Detached
Number Of Units Total
2

Listing courtesy of Listing Agent: Jesus Quevedo (eddiequevedo@gmail.com) from Listing Office: Emerge Home Services.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.