🔥 **Prime Investment Opportunity - R2 Corner Lot with Expansion Potential!** 🔥 Attention investors and developers! This 4 bedroom 2 bath**1,812 sq ft main home** features a fireplace and sits on a desirable **R2-zoned corner lot**, offering strong upside potential. Property is a fixer with fire damage to the garage wall and storage area--ready for a full renovation and value-add improvements. **Major Income Potential:** The original plans included a **six-car garage**, providing the perfect footprint to convert into a **2-bedroom, 1-bath additional unit (ADU)**--ideal for maximizing rental income and boosting property value. Bring your vision and unlock the full potential of this high-opportunity property!
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
This listing is courtesy of Chandra Y DaSilva Pinnacle Realty Advisors
🔥 **Prime Investment Opportunity - R2 Corner Lot with Expansion Potential!** 🔥 Attention investors and developers! This 4 bedroom 2 bath**1,812 sq ft main home** features a fireplace and sits on a desirable **R2-zoned corner lot**, offering strong upside potential. Property is a fixer with fire damage to the garage wall and storage area--ready for a full renovation and value-add improvements. **Major Income Potential:** The original plans included a **six-car garage**, providing the perfect footprint to convert into a **2-bedroom, 1-bath additional unit (ADU)**--ideal for maximizing rental income and boosting property value. Bring your vision and unlock the full potential of this high-opportunity property!
Property Details
Location Information+
County
Riverside
MLS Area
Thousand Palms
Latitude
33.819788
Longitude
-116.390536
Subdivision
Thousand Palms
Interior Features+
3/4 Baths
1
Has Fireplace
Yes
Fireplace Features
Gas & Wood, Living Room
Appliances
Refrigerator, Gas Range
Exterior Features+
Style
Mid-Century Modern
Has Garage
Yes
Garage Spaces
2
Has a Pool
No
Lot Features
Corners Marked, Front Yard, Level, Rectangular Lot, Corner Lot, Near Public Transit
Lot Size in Acres
0
Has View
Yes
View Description
Mountain(s)
Is One Story
Yes
School+
High School District
Palm Springs Unified
Additional Information+
Property Type
SFR
Property SubType
Single Family Residence
Year Built
1951
APN
650161001
Status
Active
Security Features
None
This listing is courtesy of Chandra Y DaSilva Pinnacle Realty Advisors