82480 Crest Avenue, Indio, CA 92201
- $560,000
- List Price
- $560,000
- Status
- ACTIVE
- MLS#
- 219150003DA
- Year Built
- 1972
- Lot Size
- 7,841
- Acres
- 0.18
- Days on Market
- 40
- Property Type
- Single Family Residential
- Property Sub Type
- Single Family Residence
- Neighborhood
- North Indio Rancho
Property Description
Secure Investment with Immediate Returns in North IndioWe present a unique opportunity for investors seeking steady cash flow and long-term appreciation. This multi-unit property, located in North Indio, generates monthly rental income with stable month-to-month tenants currently in place.Why this property? Insatiable demand: North Indio is experiencing a residential and commercial boom, driven by the expansion of the Coachella Valley. Guaranteed appreciation: Housing developments and shopping centers in the area are driving land values up year after year. Low-maintenance units.The rental market in this area has a 96% occupancy rate, and prices per square foot have risen 18% over the last 24 months. Key fact: The city council has just approved a new commercial district just 5 minutes away, which will skyrocket demand over the next 12 months.Don't let this gem slip away: properties with this income-appreciation profile sell in under 15 days in Indio. Your next recurring income stream awaits.
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Additional Information
- Cooling
- Yes
- Sewer
- Unknown
- Attached Structure
- Attached
- Number Of Units Total
- 2
Listing courtesy of Listing Agent: Manny Villagrana (manny.villagrana@aol.com) from Listing Office: Darryl Joel Freed, Broker.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.