Skip To Content

12155 Ocotillo Road

Desert Hot Springs, CA 92240
  • $699,000
  • STATUS: Active
  • ON SITE: 26 Days
  • ID#: 219091472
UPDATED: 74 min ago
$699,000
  • 4
    BEDS
  • 0.31
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 2,650
    SQFT
  • $264
    $/SQFT
Neighborhood:
Not Applicable
Type:
Single-Family Home
Built:
1986
County:
Riverside
Area:
340 - Desert Hot Springs

School Ratings & Info

Visit GreatSchools.org

Description

OWNER OCCUPANT OPPORTUNITY! LIVE AT A GREAT LOCATION WITH NO MONTHLY COST ONCE OWNING. SUBMIT 30 TO 50% DOWN PAYMENT AND NAME YOUR TERMS!!This is a unique opportunity to own an established 'rental' property in a prime location. The seller pays all Gas, Electric and water for the entire property. All projections of expenses shows Electric is projected to be $300 per month which is the probable monthly cost for Solar panels via SunRun. The buyer must submit a request to the Solar company to activate it. Buy with the intent to owner occupy, buy as an investment with rental income projected to offer a solid 5% CAP or even develop it into a Airbnb marketing. This a Legal Non-Conforming structure on a R-1 zone. In the event the buyer chooses to buy without seller financing the seller may require the buyer's cooperation in a 1031 exchange at no cost or delay. The owner's unit is 2 bedrooms, 3 baths of more than 1,250 square feet with 3 bachelor units of a total of about 1,400 square feet. Each unit has access to a lovely rear yard, patio areas, mountain views and their homes are close to shopping, transportation and other amenities. This home is on a large double corner lot, very unique for this area. All inspections, interior viewings and contact with tenants must be completed upon acceptance of an offer. Please do not disturb owner or tenants. Open Documents for Performa and agent comment

Monthly Payment Calculator

©2023 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Levi Knapp Real Estate | Keller Williams Luxury Homes. Based on information from the California Desert Association of Realtors as of 2023-03-27T18:35:56.227. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

Licensed in the State of California, USA
www.leviknapp.com/homes/137321529
Print Image

12155 Ocotillo Road Desert Hot Springs, CA 92240

  • Price: $699,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 74 min ago
  • ID#: 219091472
4
Beds
6
Baths
0
½ Baths
0.31
Acres
2,650
SQFT
$264
$/SQFT
1986
Built
Neighborhood:
Not Applicable
County:
Riverside
Area:
340 - Desert Hot Springs
Property Description
OWNER OCCUPANT OPPORTUNITY! LIVE AT A GREAT LOCATION WITH NO MONTHLY COST ONCE OWNING. SUBMIT 30 TO 50% DOWN PAYMENT AND NAME YOUR TERMS!!This is a unique opportunity to own an established 'rental' property in a prime location. The seller pays all Gas, Electric and water for the entire property. All projections of expenses shows Electric is projected to be $300 per month which is the probable monthly cost for Solar panels via SunRun. The buyer must submit a request to the Solar company to activate it. Buy with the intent to owner occupy, buy as an investment with rental income projected to offer a solid 5% CAP or even develop it into a Airbnb marketing. This a Legal Non-Conforming structure on a R-1 zone. In the event the buyer chooses to buy without seller financing the seller may require the buyer's cooperation in a 1031 exchange at no cost or delay. The owner's unit is 2 bedrooms, 3 baths of more than 1,250 square feet with 3 bachelor units of a total of about 1,400 square feet. Each unit has access to a lovely rear yard, patio areas, mountain views and their homes are close to shopping, transportation and other amenities. This home is on a large double corner lot, very unique for this area. All inspections, interior viewings and contact with tenants must be completed upon acceptance of an offer. Please do not disturb owner or tenants. Open Documents for Performa and agent comment
Exterior Features

Building Style Hacienda Entry Location Ground Level W/Steps Exterior Construction Stucco Foundation Slab Garage Yes Garage Description Attached Irrigation Sprinkler System Levels One Lot Description Back YardFencedLandscapedLawnLevelSingle LotStreet PavedStreet PublicYard Other Structural Features Premium Lot Parking AssignedDrivewayGarage Door OpenerOff SiteOn Street Parking Total Covered Spaces 2.00 Patio Features Concrete SlabEnclosedOther Pool No Property Orientation Faces Front Door Faces EastLeisure Faces West Roofing Clay Tile Spa Hot Tub Construction Above GroundFiberglassHot Tub Spa Hot Tub Description Heated - GasHot Tub Total Carport Spaces 4.00 Total Parking Spaces 12.00 View Yes View Type Mountain(S) Window Treatments BlindsDrapes

Interior Features

Appliances Gas RangeRefrigerator Bathroom Features Shower & TubShower Stall Cooling Type Air ConditioningCentral AirWall/Window Unit(S) Fireplace Yes Fireplace Features Gas & Wood Flooring CarpetCeramic Tile Furnished Unfurnished Heating Forced AirWall Furnace Heating Fuel Natural Gas Kitchen Features Tile Counters Laundry Individual Room Rooms Casita - Guest House Total Fireplaces 1

Property Features

Additional Parcel No Association Total Monthly Fees 0.00 Cross Streets Ocotillo And Acoma Disability Access No Interior Steps Gated Community No Golf Course Within Development No Land Lease Type Fee Listing Terms 1031 ExchangeAll Inclusive Trust DeedContractOwner May Carry Lot Location Corner LotNear Public Transit Property Attached Detached No Property Condition Additions/Alterations Property Sub Type Single Family Residence Sale Type Standard Security None Senior Community No Sewer InConnected And Paid Short Term Rentals Yes Spa Hot Tub Yes Sprinklers Yes Tax Mello Roos No Tv Services Cable Tv Volt220 Location In Laundry Water Water District Water District Name Mission Springs Water Heater Feature Water Heater Central Will Consider Lease No

Listing information © 2023 California Desert Association of Realtors.
Listing provided courtesy of Dan Mobley of Coldwell Banker Realty: (760) 776-9898.
©2023 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Levi Knapp Real Estate | Keller Williams Luxury Homes. Based on information from the California Desert Association of Realtors as of 2023-03-27T18:35:56.227. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

Licensed in the State of California, USA
 
https://bt-photos.global.ssl.fastly.net/damls/1280_boomver_1_219091472-2.jpg https://bt-photos.global.ssl.fastly.net/damls/1280_boomver_1_219091472-2.jpg https://bt-photos.global.ssl.fastly.net/damls/1280_boomver_1_219091472-2.jpg
Logo
Levi Knapp Real Estate | Keller Williams Luxury Homes
435 N Palm Canyon Drive
Palm Springs CA, 92262