Thermal, CA 92274,2184 Riviera CT
Thermal, CA 92274,2184 Riviera CT
Thermal, CA 92274,2184 Riviera CT
$50,000
Est. payment /mo
$77,000
35.1%
Est.Price: ?

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2 Beds
1 Bath
1,124 SqFt
SOLD DATE : 09/16/2024

Key Details

Sold Price $50,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,124 sqft

Price per Sqft $44

Subdivision Vista Santa Rosa (31601)

MLS Listing ID DW24093700

Sold Date 09/16/24

Bedrooms 2

Full Baths 1

Construction Status Fixer

HOA Y/N No

Year Built 1965

Lot Size 10,402 Sqft

Property Description

INVESTORS, INVESTORS cash offers only located in a prime location ideal for developing an Airbnb business, given its proximity to popular events like Coachella and the Thermal race track. However, the property has suffered a fire incident in the past, resulting in significant damage. The garage has been converted to accommodate this change, but the main property itself requires major renovation and restoration work. Despite the extensive repairs needed, the property is being offered at a great deal due to its attractive price point.

The potential of this property lies in its strategic location near sought-after attractions, making it an appealing option for individuals looking to invest in short-term rental opportunities catering to event attendees and tourists visiting the area. With the right vision and investment in renovations, this property could be transformed into a profitable Airbnb venture capitalizing on its proximity to popular entertainment venues. While the initial investment may be significant, the potential returns from operating an Airbnb in such a desirable location could make it a worthwhile venture for the right buyer.

In summary, this property presents a unique opportunity for investors willing to undertake substantial renovation efforts to capitalize on its advantageous location near Coachella and the Thermal track. The discounted price reflects the condition of the property post-fire but also offers potential for significant returns with proper rehabilitation and utilization as an Airbnb rental.

Location

State CA

County Imperial

Area 316 - Thermal

Interior

Interior Features All Bedrooms Down

Cooling None

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Lake

View Y/N No

View None

Attached Garage Yes

Total Parking Spaces 2

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Entry Level One

Sewer Unknown

Water Public

Level or Stories One

New Construction No

Construction Status Fixer

Schools

School District Coachella Valley Unified

Others

Senior Community No

Tax ID 015130026000

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

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Terrance Scotton, Broker Associate

Terrance Scotton, Broker Associate

+1(626) 788-9299

Our team is ready to help you sell your home for the highest possible price ASAP


California Regional MLS (CRMLS)
Listed by Hector Gonzalez • Century 21 A Better Service • ettoregonzallini@yahoo.com
Bought with Osiris Juarez • Desert Bloom Realty

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Terrance Scotton, Broker Associate

+1(626) 788-9299

Broker Associate | License ID: 01707848 NMLS: 908256

Broker Associate License ID: 01707848 NMLS: 908256

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