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$899,000
Est. payment /mo
7 Beds
5 Baths
3,533 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,533 sqft
Price per Sqft $254
Subdivision Panorama
MLS Listing ID 26668315
Bedrooms 7
HOA Y/N No
Year Built 2000
Lot Size 9,147 Sqft
Property Description
Rare investment and living opportunity in a renovated 4-bedroom pool home with 2 newly constructed attached ADUs: a 2 bedroom/1 bath (712 sqft) and a 1 bedroom/2 bath (500 sqft). Estimated monthly income of $7,200 could easily cover mortgage, tax, and insurance with a standard down payment. Alternatively, live in the main house and rent out the other two units as long- or short-term rentals for significant return. Ample parking on a huge lot can easily accommodate multiple occupants in this luxurious, resort-like home. Ideally located within a 10-minute drive of downtown Palm Springs and 15 minutes from Rancho Mirage or Palm Desert, this home puts you in the center of all the Coachella Valley has to offer.
Location
State CA
County Riverside
Area 335 - Cathedral City North
Zoning R1
Interior
Interior Features Ceiling Fan(s)
Heating Central, Wall Furnace
Cooling Central Air
Fireplace No
Appliance Dishwasher, Refrigerator, Dryer, Washer
Exterior
Parking Features Driveway
Total Parking Spaces 5
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 675182013
Special Listing Condition Standard
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Listed by Christopher Ryder Compass #02007962
NEARBY SCHOOL & BUSINESS
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Sharlotte Blake
Broker Associate | License ID: 02035876
Broker Associate License ID: 02035876
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