ATTENTION ALL INVESTORS! Looking for an affordable investment under $150,000 with an estimated 12% annual ROI? Look no further, I present to you the opportunity to own this beautiful manufactured home where YOU OWN THE LAND, with one of the lowest low HOA fees of $224 monthly, updated back in 2024 and now currently leased for $1900 Monthly to a Tenant. The home features 2 bedrooms and 2 bathrooms, providing a comfortable living space. The real highlight of this property is the central location with easy access to the I-10 freeway and nearby restaurants and stores like Walmart, Home Depot, Costco, and Sam's Club. Plus, you can reach anywhere in the Coachella Valley in less than 20 minutes. And there's more good news - this home is in the IID territory, which means lower electric bills. As an Owner or Resident in Tri-Palms Estates, you'll also have the perk of free golfing, and you can take full advantage of the community amenities: two outdoor pools and spas, tournament quality shuffleboard courts, two lighted tennis courts, and a clubhouse featuring dining, banquet, and recreation lounge. You do not have to be 55+ to own this rental, younger investors are allowed to own here. Come write an offer before some fortunate buyer picks this investment.
|
DAYS ON MARKET
|
16
|
LAST UPDATED
|
4/3/2025
|
|
TRACT
|
Tri Palm Estates
|
YEAR BUILT
|
1969
|
|
COMMUNITY
|
Thousand Palms
|
COUNTY
|
Riverside
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
| ADULT COMMUNITY |
Yes |
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| AREA |
Thousand Palms |
| GARAGE |
Attached Carport |
| HEAT |
Central |
| HOA DUES |
0 |
| LOT |
4356 sq ft |
| PARKING |
Attached Carport |
| POOL |
Yes |
| POOL DESCRIPTION |
In Ground |
| STORIES |
1 |
| SUBDIVISION |
Tri Palm Estates |
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Listed with HomeSmart
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 4/18/25 11:46 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2025.
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