ActiveResidential · sale

73111 18th Ave

Desert Hot Springs, CA 92241

$580,000

  • 4 beds
  • 4 baths
  • 2,482 sq ft
  • 0.73 acres
  • Built 1963

Listed by Shaw Real Estate Brokers · MLS #IG26118870

73111 18th Ave, Desert Hot Springs, CA 92241 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1963.

Property size

0.73 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

DESERT COMPOUND WITH CASITA RESORT POOL NEARLY ONE ACRE OF LANDWelcome to your own private desert retreat in highly desirable Sky Valley Situated on nearly one acre and just minutes from Palm Springs Coachella Joshua Tree and Yucca Valley this fully remodeled estate offers the perfect blend of luxury flexibility and income potentialThe main residence features spacious living areas three oversized bedrooms two ensuite bathrooms an additional guest bath and a versatile bonus room ideal for a fourth bedroom home office gym or pantryWhat truly sets this property apart is the attached private casitaADU with its own entrance full kitchen living room dining area bedroom and bathroomperfect for multigenerational living guests longterm rental income or shortterm vacation rental opportunitiesEvery inch of the home has been thoughtfully renovated with highend finishes and quality craftsmanship This is not a quick cosmetic flip Recent improvements include new HVAC systems new multizone minisplit for the casita new cabinetry countertops flooring designer tile fixtures outlets energyefficient windows and much moreStep outside and experience a true resortstyle backyard designed for entertaining and relaxation Enjoy the newly plastered saltwater pool and spa smart pool equipment propane pool and spa heater custom firepit breathtaking desert sunsets and endless opensky viewsAdditional features include a detached remodeled laundry building large storageworkshop space expansive parking and abundant room for RVs toys future improvements or simply enjoying the privacy that nearly one acre providesWhether youre searching for a primary residence vacation home incomeproducing property family compound or desert getaway this exceptional Sky Valley property offers opportunities rarely found in todays marketTo help make ownership even more attainable seller is offering a credit toward a 21 interest rate buydown with an acceptable offer providing qualified buyers with reduced mortgage payments during the first two years while enjoying all that this exceptional desert compound has to offer
Take a virtual tourExplore the locationMore properties in Desert Hot Springs

THE NEIGHBORHOOD

Explore the location.

73111 18th Ave, Desert Hot Springs, CA 92241

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1963
Full baths
4
Half baths
0
Garage spaces
0
Cooling
CentralAir,EnergyStarQualifiedEquipment,HighEfficiency,HeatPump
Heating
Central,HeatPump
Appliances
BuiltInRange,ElectricRange
Flooring
Laminate
Utilities
CableAvailable,Propane,WaterAvailable
Fencing
Block,ChainLink,Privacy
Accessibility
AccessibleDoors
Pool
Yes
Pool features
Heated,PropaneHeat,Private,SaltWater
Spa
Yes
Subdivision
Sky Valley
Zoning
c-p-s
Parcel
645291030
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—
Estimated monthly rent$2,416.67
Cap rate—

Annual operating income: —

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Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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73111 18th Ave, Desert Hot Springs, CA 92241 · MLS #IG26118870

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Listing information

MLS #IG26118870 · California Regional MLS

Listing brokerage: Shaw Real Estate Brokers
Listing agent: Jesse Black

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.