Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

2

Lot size

9,148 sqft

Year built

1984

Stories

1

Garage spaces

2

Heating

Central

Cooling

Central Air

View

Desert

Status

Active

Days on market

119

MLS #

242374764

About this property

Exceptional Income-producing opportunity in a highly desirable location near Palm Springs. This unique property features a single-family residence with 3 beds and 2 bathrooms, build in 1984, plus a newly constructed 2024 ADU/ Casita offering 2 beds, 1 bathroom, and its own private street access. Perfect for first-time home buyers looking to offset their mortgage with rental income, or investor seeking strong cash-flow potential in an area known for high rental demand. Live in one unit and rent the other, or maximize returns by leasing both properties.Conveniently located with easy freeway access and just minutes from shopping, dinning, entertainment, casinos, and all that the Palm Springs area has to offer. This versatile property combines comfort, privacy, and outstanding investment potential in one of the desert's most sought-after areas.

Location

68950 Tortuga Road

Cathedral City, Riverside, CA, 92234