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Sold for $50,000 on 09/16/24
  • Listing Provided by: 

    Hector Gonzalez DRE #01259959 ettoregonzallini@yahoo.com,

    Century 21 A Better Service

    $50,000

    2184 Riviera Cir, Thermal, CA 92274

    2beds
    1,124sqft
    Single Family Residence
    Built in 1965
    10,400 Square Feet Lot
    $151,600 Zestimate®
    $44/sqft
    $2,025 Estimated rent

    What's special

    INVESTORS, INVESTORS cash offers only located in a prime location ideal for developing an Airbnb business, given its proximity to popular events like Coachella and the Thermal race track. However, the property has suffered a fire incident in the past, resulting in significant damage. The garage has been converted to accommodate this change, but the main property itself requires major renovation and restoration work. Despite the extensive repairs needed, the property is being offered at a great deal due to its attractive price point. The potential of this property lies in its strategic location near sought-after attractions, making it an appealing option for individuals looking to invest in short-term rental opportunities catering to event attendees and tourists visiting the area. With the right vision and investment in renovations, this property could be transformed into a profitable Airbnb venture capitalizing on its proximity to popular entertainment venues. While the initial investment may be significant, the potential returns from operating an Airbnb in such a desirable location could make it a worthwhile venture for the right buyer. In summary, this property presents a unique opportunity for investors willing to undertake substantial renovation efforts to capitalize on its advantageous location near Coachella and the Thermal track. The discounted price reflects the condition of the property post-fire but also offers potential for significant returns with proper rehabilitation and utilization as an Airbnb rental.

    Zillow last checked: 7 hours ago

    Listing updated: December 04, 2024 at 07:28pm

    Listing Provided by:

    Hector Gonzalez DRE #01259959 ettoregonzallini@yahoo.com,

    Century 21 A Better Service

    Bought with:

    General NONMEMBER, DRE #01946164

    NONMEMBER MRML

    Source: CRMLS,MLS#: DW24093700MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Cooling
    • None
    Appliances
    • Laundry: None
    Features
    • All Bedrooms Down
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,124 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Front door
    • Pool features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 10,400 sqft
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 015130026000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Fixer
    • New construction: No
    • Year built: 1965

    Utilities & green energy

    • Sewer: Unknown
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Lake
    Location
    • Region: Thermal
    • Subdivision: Vista Santa Rosa (31601)

    Other

    Other facts
    • Listing terms: Cash
    Services availability