42630 Lima Hall, Bermuda Dunes, CA 92203

$535,000
4
BD
3
BA
2,400
SqFt

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Sold Price
$535,000
List Price
$549,000
Closing Date
Feb 28, 2024
Status
CLOSED
MLS#
219105261
Year Built
1984
Bedrooms
4
Bathrooms
3
Living Sq. Ft
2,400
Lot Size
8,712
Days on Market
46
Property Type
Single Family Residential
Stories
1
Neighborhood
BDCC Country

Property Description

Unearth a gem in the heart of Bermuda Dunes Country Club with this ideal project for fixers, flippers, or landlords. This unique opportunity features the possibility of a loan takeover subject to existing financing, boasting low payments at an attractive 2.7% interest rate. Perfect for investors or new homebuyers looking for sweat equity combined with beneficial financing terms. Be first to lock up approximately 2,400 square feet of functional floor space on a large, expansive lot. The property has 4 bedrooms and 3 bathrooms, including a main structure housing 2 beds and 2 baths, complemented by a casita add-on with 2 additional bedrooms and 1 full bath. Easily add a thrid bedroom to the main house. This configuration makes it a highly desirable rental property with excellent cash flow potential. Situated in the prestigious Bermuda Dunes Country Club area, this property is not just a home, but a potential cornerstone in a rental portfolio or a unique renovation project. It offers the flexibility to customize for equity growth, rental income, or even as your personal desert retreat, in one of the most desired gold country clubs in the Coachella Valley with among the lowest HOA dues. Please note, the casita add-on square footage, bedrooms, and bath are not reflected in the tax assessor's property profile.

Additional Information

Land Lease Type
Fee
HOA Fee
Yes
HOA
214
Second HOA
$120
Association Amenities
Golf Course
Fireplace Description
Unknown, Living Room
Heat
Forced Air
Cooling
Central Air
View
Mountain(s)
Parking
Driveway
Garage Spaces Total
2
Sewer
Septic Tank

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Calculator source: Real Geeks

Listing courtesy of RPAC. Selling Office: .