10564 Aurora, Desert Hot Springs, California 92240, Desert Hot Springs, 92240 - 5 bed, 3 bath
ACTIVE$499,000$2,067/sqft
Est. Value: $527,982
5%
BelowEstimate
10564 Aurora, Desert Hot Springs, California 92240
5Beds
3Baths
2,067Sqft
9,148Lot
Price Vs. Estimate
The estimated value ($527,981.77) is $28,981.77 (5%) higher than the list price ($499,000). This property may be underpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9148, living area = 2067.
Top Cons:
Owner Occupancy Complication: The current owner occupies 2 bedrooms, 1 bathroom, living room, and kitchen, which complicates the immediate full rental potential or owner-user transition.
Compared to the nearby listings
Price:$499.0K vs avg $405.0K (+$94,000)82%
Size:2,067 sqft vs avg 1,643 sqft82%
Price/sqft:$241 vs avg $25042%
More Insights
Built in 2006 (20 years old).
Condition: Built in 2006, this property is 18 years old and appears move-in ready. The kitchen features functional granite countertops and wood-toned cabinets, though the style and some white appliances are consistent with its original build year rather than recent updates. Bathrooms are clean and well-maintained with neutral tiling and standard fixtures. Newer-looking laminate flooring is present in many areas. While not extensively renovated to a modern standard, all major systems appear functional and well-kept, requiring no immediate renovations.
Year Built
2006
Close
-
List price
$499K
Original List price
$499K
Price/Sqft
$241
HOA
-
Days on market
-
Sold On
-
MLS number
TR26003702
Home ConditionGood
Features
Good View: Desert, Mountain(s)
Patio
ViewDesert, Mountain(s)
About this home
Great Investment Opportunity - Guest House! Well-located property just 15 minutes to Morongo Casino and Cabazon Outlets, 15 minutes to Tram, and 20 minutes to downtown Palm Springs, with close proximity to Joshua Tree National Park. Master bedroom is rented for $1,300/month, and two bedrooms are rented for $950/month each, generating a total rental income of $3,200/month. The owner occupies 2 bedrooms, 1 bathroom, living room, and kitchen. Laundry room is inside. Property features leased solar, is partially furnished, and ample space to add an ADU or pool. Ideal for owner-user or income-producing investment.
S
Sophie Lee
Listing Agent
Nearby schools
2/10
Painted Hills Middle School
Public,•6-8•0.6mi
3/10
Desert Hot Springs High School
Public,•9-12•0.8mi
4/10
Desert Learning Academy
Public,•K-12•10.8mi
Price History
Date
Event
Price
08/11/16
Sold
$214,000
Condition Rating
Good
Built in 2006, this property is 18 years old and appears move-in ready. The kitchen features functional granite countertops and wood-toned cabinets, though the style and some white appliances are consistent with its original build year rather than recent updates. Bathrooms are clean and well-maintained with neutral tiling and standard fixtures. Newer-looking laminate flooring is present in many areas. While not extensively renovated to a modern standard, all major systems appear functional and well-kept, requiring no immediate renovations.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9148, living area = 2067.
Strong Income Generation: Currently generates $3,200/month in rental income from three bedrooms, offering immediate cash flow for investors.
Strategic Location: Well-located with easy access to major attractions including Morongo Casino, Cabazon Outlets, Palm Springs, and Joshua Tree National Park, enhancing its appeal for various uses.
Expansion Potential: Ample lot size (9,148 sqft) provides significant space for future value addition, such as an Accessory Dwelling Unit (ADU) or a pool.
Versatile Investment: Ideal for both owner-users seeking supplemental income and pure income-producing investors due to its current rental setup.
Modern Construction & Views: Built in 2006, featuring an inside laundry room and offering desirable desert and mountain views.
Cons
Owner Occupancy Complication: The current owner occupies 2 bedrooms, 1 bathroom, living room, and kitchen, which complicates the immediate full rental potential or owner-user transition.
Leased Solar System: The property features a leased solar system, which may involve ongoing contractual obligations or transfer fees for a new owner rather than outright ownership benefits.
Partial Furnishing: Being partially furnished can be a drawback for buyers who prefer to furnish the property entirely to their taste or require a fully unfurnished space.