$259,000
About this home
ATTENTION INVESTORS! Here's your chance to own an affordable income-producing property under $260,000 in beautiful sunny Palm Springs, CA. With an estimated 6% annual ROI, this beautifully updated manufactured home sits on owned land with a low HOA fee around $330/month (paid by Landlord) and is currently leased at $2,050/month with a long term Tenant who pays all utilities. Large floor plan Featuring 2 bedrooms and 2 bathrooms offers comfortable living and the property was completely remodeled over 4 years ago (PICTURES SHOWN ARE FROM BEFORE TENANTS MOVED IN). Located in a prime central location with quick access stores, shops, and restaurants. El Dorado Palm Estates is a 55+ community located just minutes from Target, Walmart, Home Depot, and more. Residents enjoy full access to two swimming pools and a spa, saunas, tennis courts, a newly renovated gym, a game room, a library and many other amenities. Residents can participate in activities, such as Bridge, Poker, other card games. The spacious clubhouse contains a commercial kitchen which is frequently put to use when catering various park-sponsored social activities that are held throughout the year. Best of all, ownership is not restricted by age--investors of all ages are welcome. Don't miss out--submit your offer before this opportunity is gone!
Facts & features
- Bathrooms
- 0
- Flooring
- Vinyl
- Heating
- Central
- Cooling
- Central Air
- Levels
- One
- Spa
- Community, In Ground
- Lot size
- 0.084 acres (3,660 sq ft)
- Pool
- Community, In Ground
- Year built
- 1973
- Parking
- Attached Carport
- Parking spaces
- 3
- Area
- 334 - South End Palm Springs
- County
- Riverside
- Community features
- Gated, Pool
- Senior community
- Yes
- Status
- Active
- Property type
- Manufactured On Land
- Days on market
- 1
- Listed
- 2026-03-05
- Terms
- Cash, Cash To New Loan, Submit
- Parcel #
- 681321147
- MLS #
- 219144285DA
