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32652 Cathedral Canyon Drive , A&B

Cathedral City, CA 92234
  • $525,000
  • STATUS: Active
  • ON SITE: 81 Days
  • MLS #: GD22201198
UPDATED: 62 min ago
$525,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1985
County:

School Ratings & Info

Listing Agent(s): Alena Borisova of Relux Group, Inc. (833-884-7755)


Description

Great opportunity to own this perfect investment Duplex (Two separate structures) in Cathedral City - generate income immediately! Each unit has 2 bedrooms and 2 baths. The property is located near schools, shopping centers, casino, Ocotillo park and just minutes to downtown Cathedral city. Upgrades done three years ago, include tile flooring, bathrooms and kitchen cabinets to two units. In 2020, the exterior was painted and both roofs were done. Each unit has its own entry, 2 parking and laundry room. In addition, each house has separate heating and air conditioning, water heater, one car port, laundry room, storage and their own front and backyards. Tenants are on a month-to-month and have a great history of on time rent payments with the current owners. Units are both being sold with the current tenants in place. Drive by to see your future investment property or call me for more information! Adjacent duplex 32630 Cathedral canyon is also for sale can be sold together.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-12-05T19:30:05.597. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Brad Schmett Real Estate Group. Licensed in the State of California, USA.
www.bradschmett.net/homes/133064468
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32652 Cathedral Canyon Drive , A&B Cathedral City, CA 92234

  • Price: $525,000
  • Status: Active
  • On Site: 81 Days
  • Updated: 62 min ago
  • MLS #: GD22201198
0
Beds
0
Baths
0
½ Baths
0.19
Acres
1985
Built
Neighborhood:
699 - Not Defined
County:
Riverside
Area:
699 - Not Defined
Property Description
Great opportunity to own this perfect investment Duplex (Two separate structures) in Cathedral City - generate income immediately! Each unit has 2 bedrooms and 2 baths. The property is located near schools, shopping centers, casino, Ocotillo park and just minutes to downtown Cathedral city. Upgrades done three years ago, include tile flooring, bathrooms and kitchen cabinets to two units. In 2020, the exterior was painted and both roofs were done. Each unit has its own entry, 2 parking and laundry room. In addition, each house has separate heating and air conditioning, water heater, one car port, laundry room, storage and their own front and backyards. Tenants are on a month-to-month and have a great history of on time rent payments with the current owners. Units are both being sold with the current tenants in place. Drive by to see your future investment property or call me for more information! Adjacent duplex 32630 Cathedral canyon is also for sale can be sold together.
Exterior Features

Carport Spaces 1 Carport YN Yes Construction Materials DrywallConcreteStuccoCopper Plumbing Exterior Features BarbecueLightingRain Gutters Fencing BlockWood Horse Amenities Riding Trail Lot Features Drip Irrigation/BubblersSprinklers In FrontLot Over 40000 SqftLandscapedNear ParkNear Public TransitStreet Level Number Of Separate Electric Meters 2 Open Parking Spaces 1 Other Structures Storage Parking Features Attached CarportAssignedCarport Parking Total 2 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Roof AsphaltCompositionShingle View Mountain(S) View YN Yes

Interior Features

Accessibility Features No StairsParkingAccessible DoorsAccessible Hallway(S) Appliances DishwasherEnergy Star Qualified AppliancesFree-Standing RangeGas CooktopDisposalGas OvenGas RangeGas Water HeaterMicrowave Common Walls No Common Walls Cooling Central AirEnergy Star Qualified EquipmentGasZoned Cooling YN Yes Door Features Atrium DoorsEnergy Star Qualified DoorsInsulated DoorsMirrored Closet Door(S)Sliding Doors Fireplace Features None Fireplace YN No Flooring Tile Heating CentralForced AirNatural GasZoned Heating YN Yes Interior Features Ceiling Fan(S)Granite CountersOpen FloorplanRecessed LightingStorageTile CountersAll Bedrooms DownFrench Door(S)/Atrium Door(S)Main Level Master Window Features AtriumBlindsEnergy Star Qualified WindowsScreens

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features BikingCurbsDog ParkFoothillsGolfGutter(S)HikingHorse TrailsStreet LightsSidewalksUrbanPark Contingency Can Be Sold in Conjunction With 32562 Cathedral Canyon Blvd. Current Financing Conventional Electric Electricity - On PropertyStandard Electric Expense 0 Garage YN No Gross Income 32940 Gross Scheduled Income 32940 Insurance Expense 1200 Land Lease YN No Laundry Features Washer HookupElectric Dryer HookupGas Dryer HookupLaundry Room Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To Existing LoanCash To New LoanConventionalContractCal Vet Loan1031 ExchangeFhaFannie MaeVa Loan Net Operating Income 27300 New Construction YN No New Taxes Expense 6862 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 5620 Other Expense 0 Possession Close Of Escrow Property Condition Updated/Remodeled Property Sub Type Duplex Rent Control YN No Security Features Carbon Monoxide Detector(S)Fire Detection SystemSmoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Total Actual Rent 32940 Trash Expense 0 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Water Sewer Expense 420 Water Source Public Zoning R204m



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-12-05T19:30:05.597. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Brad Schmett Real Estate Group. Licensed in the State of California, USA.
 
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Brad Schmett Real Estate Group
760-880-5845
La Quinta and Palm Springs CA,
Listing Agent(s): Alena Borisova of Relux Group, Inc. (833-884-7755)