Description
Welcome to this spacious 5-bedroom, 3-bathroom modern desert retreat, perfectly located in the heart of Yucca Valley. This beautifully designed home offers 2,886 sq. ft. of living space, complete with open concept living areas and abundant natural light, creating the perfect atmosphere for relaxation and entertainment. The property includes a separate 1-bedroom, 1-bathroom ADU complete with washer, dryer, refrigerator and stove. A proven income generator, this property brings in over $100K annually in short-term rental revenue with a self-managed cap rate of 9.3%, and a 7.9% cap rate when professionally managed. Ideal for investors looking for a high-return property in one of California's most popular desert destinations. Enjoy the serene desert views, ample outdoor spaces, and proximity to Joshua Tree National Park, while offering your guests the perfect combination of comfort and convenience. Whether youre looking to continue the property as a successful rental or make it your personal desert oasis, this home is turnkey and ready for new owners. Dont miss your chance to own a high-performing investment property in the sought-after Yucca Valley market!
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5BEDS
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0.47ACRES
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3BATHS
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01/2 BATHS
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2,886SQFT
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$262$/SQFT
Description
Welcome to this spacious 5-bedroom, 3-bathroom modern desert retreat, perfectly located in the heart of Yucca Valley. This beautifully designed home offers 2,886 sq. ft. of living space, complete with open concept living areas and abundant natural light, creating the perfect atmosphere for relaxation and entertainment. The property includes a separate 1-bedroom, 1-bathroom ADU complete with washer, dryer, refrigerator and stove. A proven income generator, this property brings in over $100K annually in short-term rental revenue with a self-managed cap rate of 9.3%, and a 7.9% cap rate when professionally managed. Ideal for investors looking for a high-return property in one of California's most popular desert destinations. Enjoy the serene desert views, ample outdoor spaces, and proximity to Joshua Tree National Park, while offering your guests the perfect combination of comfort and convenience. Whether youre looking to continue the property as a successful rental or make it your personal desert oasis, this home is turnkey and ready for new owners. Dont miss your chance to own a high-performing investment property in the sought-after Yucca Valley market!
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-10-08T00:28:02.233. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Lori Thompson | Coldwell Banker Realty. Licensed in the State of California, USA.