66553 Estrella Avenue, Desert Hot Springs, CA 92240

Property Description

Centrally located duplex in the heart of Desert Hot Springs half a block east of Palm. Great Set up for extended family or rentals: Total of 1355 sq ft - 2 Br/2 BA in front est sq ft 1055 with detached studio in the rear est 300 sq ft Financial Highlights: Gross Rental Income: Unit A (2 Bed / 2 Bath): Generates $1,117/month in rent from a reliable occupant. The government-backed HAP assistance monthly payments are $983 and tenant pays $134. Deposit is $866 of which $566 was paid by HAP. Tenant on month to month. Lease term began 7-1-2019 and expired 6-30-20. Unit B (Studio / 1 Bath): Generates $745/month rent with deposit of $745. Lease term began 3-1-2017 and expired 3-31-2018. Tenant now on month to month. Unit due for a rent increase any time. Utility Expenses: Unit A: Tenant pays gas and electric. Owners pays water, sewer and trash. Unit B: Owners pays all utilities. Parking: One car attached garage plus 2 car off street parking in front of unit A. Space for 3 cars and/or an RV at unit B. Unit A has a fully fenced front yard (just needs a new gate) and fully fenced large back yard. Has nice tile floors throughout unit except for carpet in bedrooms. One bedroom has an attached bathroom. The other bathroom is off the hallway. Gas stove in kitchen. Unit B: Comfortable studio with cool Spanish tile throughout, ceiling fan and full bath with shower/tub combo. Covered patio overlooks cozy fenced back yard. Photos are of unit A only. More to follow of the studio unit B in back. AI was used on some photos to remove tenants personal property to get a better feeling for the room.