COSMETIC FLIP OPPORTUNITY! 4/2 with POOL/SPA PLANS! HOT Palm Springs Short Term Rental location WITHOUT HOA regulations! Projected to produce $150,000+ / annually on a STR basis, based on other comps. House is currently undergoing renovations. Comps are selling in the $850,000 range within the same tract. The pool has been dug and rebar has been placed. Estimate for pool/spa completion on file is in the realm of $35,000 with a 3-month turnaround time. The interior has been demo’d, LVP flooring installation has started, recessed lighting and ceiling fans have been installed, and privacy gate has been installed. Exterior painting is 3/4 complete. Here’s a list of materials that WILL CONVEY WITH THE SALE: Assembled white shaker kitchen cabinetry along with kitchen layout, flooring, and interior doors. Roof, windows, electrical, plumbing, A/C all appear to be in solid working condition. Buyer to do their due diligence. Fantastic opportunity to turn this house around and sell to a STR investor going into Fall (prime season). Reason for selling: Seller resides out of the area and is focused on other projects. SELLERS ARE LICENSED REAL ESTATE AGENTS IN THE STATE OF CALIFORNIA.
Listing Provided By:
eXp Realty of California Inc