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Investor's Dream Property! A rare and lucrative income-generating opportunity awaits! This prime investment property, located just outside the city limits of Desert Hot Springs, offers stunning panoramic views of three majestic mountain ranges, all while being just minutes away from the excitement of Palm Springs. The property features a well-maintained single-family home with an attached Junior ADU, plus a spacious detached ADU. The primary residence is a 2-bedroom, 1-bath home, with the third bedroom and second bath converted into a Junior ADU (not permitted), complete with its own kitchen and generating $1,500/month in rental income. The detached ADU, a grandfathered recreation room conversion, offers 1 bedroom, 1 bath, and a fully equipped kitchen, bringing in an additional $1,800/month. The main house can be rented for between $2,200 - $2,400/month, offering substantial potential for ongoing revenue. Unit 4 represents a RV/5th Wheel with utilities hook up and projected rent is $1,250/month. A separate laundry room located beneath a covered patio, with exterior access, serves all three units for added convenience. Every unit has been meticulously remodeled, with top-tier finishes including white quartz countertops, brand-new appliances, custom cabinetry, energy-efficient LED lighting, and mini-split HVAC units for ultimate comfort and efficiency. The property sits on a generous 2/3-acre lot (approximately 100 feet wide by 300 feet deep), offering abundant space for expansion or additional development. Half of the rear lot is flat and vacant, providing a perfect opportunity for adding more structures or utilizing the land for other purposes. The entire property is securely fenced with a 6-foot tall, newer wood fence, ensuring privacy. Rear alley access from the southwest corner adds convenience, and a sliding metal/wood gate at both the front and rear of the lot provides easy access and security. For those with recreational vehicles, this property includes full RV hookups, with 30/50 amp electric, water, and sewer connections. Additionally, there are two storage sheds one attached, and one detached offering ample room for all your storage needs. Zoned W-2, the property allows for a range of uses, including single-family, agricultural, ADU, home business, and more. The flexibility this property offers is unmatched, making it an ideal choice for savvy investors seeking long-term returns. This is an exceptional opportunity to invest in a property with tremendous income potential and future growth possibilities. A must-see for any serious investor!
Property Type(s):
Residential Income
| Last Updated | 2/21/2025 | Year Built | 1964 |
|---|---|---|---|
| Community | Desert Hot Springs | County | Riverside |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Dryer, Microwave, Washer |
| AREA | Desert Hot Springs |
| CONSTRUCTION | Concrete, Stucco |
| GARAGE | Controlled Entrance, Electric Gate, Gravel, RV Hook-Ups, Uncovered |
| HEAT | Central, Forced Air |
| INTERIOR | Ceiling Fan(s) |
| LOT | 0.63 acre(s) |
| PARKING | Controlled Entrance,Electric Gate,Gravel,RV Hook-Ups,Uncovered |
| POOL DESCRIPTION | None |
| SEWER | Septic Type Unknown |
| STORIES | 1 |
| STYLE | Contemporary |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights,Mountain(s) |
| ZONING | W-2 |
Location
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Listed with Harcourts Desert Homes
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