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Miracle Hill Realty

Come for the hot water, stay for the stars.

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Desert Hot Springs

Residential Income Investment Property

Hot residential income investment property in Desert Hot Springs!

Location: 12155 Ocotillo Rd, Desert Hot Springs, CA 92240-3941
Listing #:  216016162
Price: $250,000
Status: Active & available

Corner lot, well cared for two bedroom house fully furnished with:

  • fireplace
  • evaporative cooler
  • air conditioner
  • two car finished garage
  • large, fully fenced back yard
  • well maintained lawn in back yard

Two studio apartments at the southern end are rented to long term tenants who pay regularly.

Are you interested in this income generating property?
Contact realtor Rick Teisan, J.D. at 760.835.8363!

Click here to see the MLS Listing for this property. Several additional photos are posted on the MLS listing.

 

 

Desert Hot Springs & Nearby Attractions

Are you considering purchasing a home or business in Desert Hot Springs?

Wondering what there is to do in Desert Hot Springs, or how our town got its name? In this post you’ll find just a partial list of attractions found in and near to Desert Hot Springs.

Natural, hot mineral water aquifer and 28 hot water spas to choose from!

Healing mineral waters heated in the depths of Mother Earth fill a natural hot water aquifer that lies below our town and inspired its name, Desert Hot Springs. Boutique and resort spas in Desert Hot Springs pump the water into their spas and pools, where you can take the waters in calm and comfort. Continue reading “Desert Hot Springs & Nearby Attractions”

How I Ended Up a Realtor in Desert Hot Springs

How I Ended Up a Realtor in Desert Hot Springs, CA

Graduating from school inspires life moves that practically beg you to take advantage of the opportunity to make a change in your life. When I graduated law school, the first thing I asked myself was  “where do I want to live?” The answer was simple: it had to be California! This is the story of how this city boy ended up in Desert Hot Springs. Continue reading “How I Ended Up a Realtor in Desert Hot Springs”

Featured post

California’s High Housing Costs: Causes and Consequences

HOW EXPENSIVE IS HOUSING IN CALIFORNIA?

  1. Average price of a house in CA is $440,000 compared with the national average of $180,000.
  2. Monthly payments on the average house is $2,314
  3. You need to earn $92,500 per year to pay for an average house.
  4. In the Coachella valley, average price is $160,000 with payments of $889 you need an income of $52,000 per year.

 

WHAT’S THE PROBLEM?

  • Not enough houses
  • The banks won’t loan money
  • Payments are too high
  • CEQA law is a barrier to building
  • Building costs are too high
  • Because interest rates are low, investors don’t invest.

Continue reading “California’s High Housing Costs: Causes and Consequences”

3 beds 2 baths -$229,998

Price:             $229,998

Address:       13644 Mountain Top Drive, Desert Hot Springs, CA 92240

Bedrooms:    Master with attached bath & two smaller bedrooms

Baths:             One full bath, one three quarter bath

Square feet:   House 1,400 Lot 9,583 Price Per Square Ft $164.28

Year built:       2004

Assessor’s Parcel Number (APN) 644-252-005

More features:     Continue reading “3 beds 2 baths -$229,998”

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