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Bermuda Dunes, CA 92203,78701 Avenue 42
Bermuda Dunes, CA 92203,78701 Avenue 42
Bermuda Dunes, CA 92203,78701 Avenue 42
$675,000
Est. payment /mo
$675,000
Est.Price: ?

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0.25 Acres Lot
SOLD DATE : 02/14/2022

Key Details

Sold Price $675,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Not Applicable-1

MLS Listing ID 219071410DA

Year Built 1986

Lot Size 10,890 Sqft

Property Description

Here's an opportunity for an owner-user to pick up a Duplex in Bermuda Dunes. Unit A pays $1,411 (month to month). Unit B pays $1,795 (move in date 8/31/2021) Both rental units have 2 bedrooms, 2 bathrooms, each with a 2 car garage, and a backyard/side-yard. The building has been recently painted along with other improvements. Or, use them as Short Term Vacation Rental (STVR).See attached Riverside County STVR Ordinance Riverside County STVR Website : https://rctlma.org/shorttermrentals (application, ordinance, good neighbor brochure, etc.) Proforma Income Unit A: $1,411 ($1,795 (Market) Unit B: $1,795 Monthly: $3,590 Annual: $43,080 Expenses Taxes (New): $8,020 Insurance: $500 Gardener: $1,440 Pest Control: $420 Trash: 480 Water: $960 Total: $11,820

Location

State CA

County Riverside

Area 312 - Bermuda Dunes, Myoma

Interior

Heating Central

Cooling Central Air

Flooring Tile

Exterior

Parking Features Assigned, Driveway, Garage, Garage Door Opener, On Street

Garage Spaces 2.0

Garage Description 2.0

View Y/N Yes

View Desert

Roof Type Tile

Building

Lot Description Back Yard, Lawn, Landscaped, Paved, Yard

Story 1

New Construction No

Others

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Kate Rust • Wilson-Meade Commercial Real Estate
Bought with Michael Heath • VPM Rents, Inc.
agent
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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