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68080 Risueno Road
USD 1,885,000
Property ID: 25507085
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68080 Risueno Road ,92234
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icon 16988 SqFt
icon Built in 1961
icon USD 111/SqFt
icon 12 Beds
icon 6 Full
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Location
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Interior Details
Bedrooms
12
Bathrooms
6
Interior Size
4900
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1961
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Detailed Introduction Of This Home
RARE INVESTMENT OPPORTUNITY- Introducing four turn-key, Free-standing Homes on two combined lots with Shovel-Ready RTI Plans for additional development. All four homes are delivered Vacant and updated, with a long rental history and low vacancy. Each turn-key property consists of 2 Bedrooms and 1 Bath, and has its own private backyard space, parking, and shares a sparkling communal poolA true Oasis Compound. While the homes are ready to generate income NOW at a 5.5%- 5.8% CAP, the fully entitled and approved plans allow the next owner to build an additional 2 (2 BD/1 BTH) homes/ADU's, for 6 total, creating an additional stream of income and a potential $15K in gross return at just today's market rates. This is a rare chance to create immediate cash flow with new tenants, live in one home and rent out others, and/or value-add with additional development and increased income. Get in before the $2.2B Palm Springs Airport Expansion. The ultimate canvas for Real Estate Investors in a growing region...
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (18)
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68080 Risueno Road
USD 1,885,000 12 Beds
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