Cathedral City, CA 92234,33654 Pueblo
Cathedral City, CA 92234,33654 Pueblo
Cathedral City, CA 92234,33654 Pueblo
$747,400
Est. payment /mo
$770,400
3.0%
Est.Price: ?

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3 Beds
2 Baths
8,276 Sqft Lot
SOLD DATE : 09/25/2023

Key Details

Sold Price $747,400

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW23131607

Sold Date 09/25/23

Bedrooms 3

HOA Y/N No

Lot Size 8,276 Sqft

Property Description

Excellent Investor Opportunity: $64,200 Annual Income. $5350.00 monthly rental income. GRM 12%. Low Operating Expenses $14,466 Profitable NOI $49734.00. 2-unit Duplex 6 bedrooms 4 full bathrooms both have large 2-car garages with additional driveway parking spots. Renovated and updated July 2023, 100% occupied with new 12-month leases as of July and August 2023. The renovation includes New Roof, all new paint both interior and exterior, each unit has all appliances, a Private Washer & Dryer included in the garage, ceiling fans in the living rooms and some bedrooms, newer bathroom vanities, and LED lighting inside and out. Special Features: Spacious private backyards, maintenance-free front patio play or dining area, and new landscaping. Great location, easy access to all major roads and highways throughout the Coachella Valley, and strong employment opportunities. The neighborhood includes beautiful parks, schools, shopping, entertainment centers for easy living, a nearby casino, and golf courses. High demand for rental housing, and long-term multiple-year tenancies are common in this area.
Excellent Investor Opportunity: $64,200 Annual Income. $5350.00 monthly rental income. GRM 12%. Low Operating Expenses $14,466 Profitable NOI $49734.00. 2-unit Duplex 6 bedrooms 4 full bathrooms both have large 2-car garages with additional driveway parking spots. Renovated and updated July 2023, 100% occupied with new 12-month leases as of July and August 2023. The renovation includes New Roof, all new paint both interior and exterior, each unit has all appliances, a Private Washer & Dryer included in the garage, ceiling fans in the living rooms and some bedrooms, newer bathroom vanities, and LED lighting inside and out. Special Features: Spacious private backyards, maintenance-free front patio play or dining area, and new landscaping. Great location, easy access to all major roads and highways throughout the Coachella Valley, and strong employment opportunities. The neighborhood includes beautiful parks, schools, shopping, entertainment centers for easy living, a nearby casino, and golf courses. High demand for rental housing, and long-term multiple-year tenancies are common in this area.

Location

State CA

County Riverside

Area Riv Cty-Cathedral City (92234)

Zoning Public Rec

Interior

Cooling Central Forced Air

Building

Lot Description Curbs, Sidewalks

Story 1

Lot Size Range 7500-10889 SF

Level or Stories 1 Story

Others

Monthly Total Fees $105

Acceptable Financing Cash, Conventional, Exchange, FHA, VA

Space Rent $2,675

Listing Terms Cash, Conventional, Exchange, FHA, VA

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San Diego Regional MLS (SDMLS)
Listed by Timothy Austin • Broker Groves, Inc
Bought with Sean Hwangbo • REALTY ONE GROUP WEST
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