Property Detail

68870 Los Gatos

Cathedral City CA 92234

$899,000

Status: Active

Property Details

Description

Rare investment and living opportunity in a renovated 4-bedroom pool home with 2 newly constructed attached ADUs: a 2 bedroom/1 bath (712 sqft) and a 1 bedroom/2 bath (500 sqft). Estimated monthly income of $7,200 could easily cover mortgage, tax, and insurance with a standard down payment. Alternatively, live in the main house and rent out the other two units as long- or short-term rentals for significant return. Ample parking on a huge lot can easily accommodate multiple occupants in this luxurious, resort-like home. Ideally located within a 10-minute drive of downtown Palm Springs and 15 minutes from Rancho Mirage or Palm Desert, this home puts you in the center of all the Coachella Valley has to offer.

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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