Neighborhood: Demuth Park, 334 - South End Palm Springs
Imagine creating your own hedge against inflation with this one of a kind custom single family detached revenue generating investment property in Palm Springs, CA. Available turn-key furnished. Start your rental revenue stream immediately following your possession. Imagine collecting upwards of $89,000 annually based on independent management company estimates based on average rental days seasonal and part-time. Whether you utilize a licensed management company or managed solely on your own, with such sites as VRBO and Airbnb you too can enjoy these revenue opportunities. The Sellers logged $50,000 in revenues for less than 70 rental days in 2021. Conversely buyers may view this property as a artistic, fun and chic residence in beautiful Palm Springs as a second or primary home. The property exhibits many options for all types of real estate investors.Beginning with three large bedrooms, including an ensuite primary bedroom and three baths and two bonus rooms used as bed rooms. The large great room is the heart of the home and features magnificent corner glass sliding doors that frame the panoramic Mt. San Jacinto. It also boasts a beautiful newer private swimming pool, featuring jetted swimming and exercise stream, integrated fountains, Jandy-jets and a spectacular sun deck. There's even RV parking with hook ups, electricity, gas and hot and cold-water allowing for additional guest space! All this extraordinary beauty sits on a 12,000 square foot lot.