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$849,000
Est. payment /mo
5 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV25193055
Bedrooms 5
Property Sub-Type Res Income 2-4 Units
Property Description
Newly Built 2024 Home with Income-Producing ADU in Cathedral City Total Building square footage 2,846. Welcome to this stunning brand-new single-family residence, including a detached ADU with its own private entrance. Both units include versatile living options and energy efficient upgrades such as Solar panels, energy saving windows and insulation, high efficiency HVAC systems and tankless water heaters. The main home offers 3 spacious bedrooms, 2 bathrooms, an open floor plan with a spacious kitchen with quartz countertops, plenty of cabinets/storage plus a comfortable living area perfect for entertaining and an attached 2-car garage. The home and ADU are both equipped with paid off solar panels, which is perfect for reducing utility costs. Adding incredible value to the property is a detached ADU, built and completed at the same time in 2024. The ADU offers 2 bedrooms, 1 bathroom, an upgraded kitchen with quartz countertops, cabinets/storage and its own 1-car garage and solar panels. This property is ideal for an extended family, guests, or rental income. Both units are currently rented on a Month-to-Month basis, generating a combined $4,400 per month, making this property a fantastic investment opportunity. Buyers can even qualify for financing using the rental income from one unit while living in the otheran unbeatable way to offset costs. Perfect for large families or savvy investors, this home is conveniently located in the heart of Cathedral City, close to shopping, dining, and easy freeway access. Dont miss your chance to own this unique dual-unit property offeri
Location
State CA
County Riverside
Zoning Assessor
Direction Cross Streets - Via de Anza and Cedar Rd.
Interior
Heating Forced Air Unit
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Roof Type Tile/Clay
Building
Story 1
Level or Stories 1
Others
Tax ID 680403005
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Listed by DAVID CAMARENA TRIFECTA REAL ESTATE GROUP