44769 King Street

Indio, CA 92201

$319,000
Last Sold Price
3
Beds
2
Baths
1,820 Sq. Ft.
$175 / Sq. Ft.
1,820
Sq. Ft.
$175
per Sq. Ft.

Description

Great investment opportunity with two residential income units on one lot. Perfect for an investor or an owner/occupant who wishes to benefit from the additional income potential. Front unit has 2 bedrooms and 1 bath and is rented for $1,000 per month. Unit at the rear of the property is 1 bedroom and 1 bath and is rented for $750 per month. Both rents are under market with opportunity for increased revenue. Exterior remodel completed in 2020 with new hardscaping, concrete and block wall entrances....Great investment opportunity with two residential income units on one lot. Perfect for an investor or an owner/occupant who wishes to benefit from the additional income potential. Front unit has 2 bedrooms and 1 bath and is rented for $1,000 per month. Unit at the rear of the property is 1 bedroom and 1 bath and is rented for $750 per month. Both rents are under market with opportunity for increased revenue. Exterior remodel completed in 2020 with new hardscaping, concrete and block wall entrances. Each unit has a separate and gated front entrance as well as separate and gated private parking. Property is very well maintained and has two units with two separate addresses. Each unit is individually metered. Front unit has accessible ramp. Back unit address is: 44771 King Street.

Listing Agent

  1. Kacey Taormina

    Kacey Taormina

    Alternative Listing Agent

    Compass

    DRE #01920673

Property Details for 44769 King Street

Parking Spaces Total
4
Private Pool
No
Cooling Type
Central Forced Air
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1820
Assessor Parcel Number
611-141-003

Location

Listing Courtesy of Compass, Kacey Taormina, DRE #01920673; Compass, Heather Woodland, DRE #02134305

Sold By Realty One Group Synergy, Noah Acosta, DRE #01913009

Add your commute
LISTING UPDATED: 07/23/2021 03:37 AM

Property Details for 44769 King Street

StatusClosed
MLS #NP21079496
Days on Market27
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1967
Lot Size0.17 AC / 7,405 SF
CountyRiverside County

Location

Listing Courtesy of Compass, Kacey Taormina, DRE #01920673; Compass, Heather Woodland, DRE #02134305

Sold By Realty One Group Synergy, Noah Acosta, DRE #01913009

Add your commute

Building Information for 44769 King Street

Stories1Residences-Year Built1967Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$2,184 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,741

Property Taxes

$443

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 44769 King Street

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas, Water
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $21,000
  • Vacancy Allowance: 0
  • Gross Operating Income: $21,000
  • Net Operating Income: $14,460
Expense Details
  • Operating Expense: $2,740
  • New Taxes Expense: $4,000
  • Gardener Expense: $1,440
  • Insurance Expense: $800
  • Maintenance Expense: $500
  • Trash Expense: $430
  • Total Expenses: $2,740
Tax / Assessment Info
  • Tax Tract Number: 455.02
  • Tax Census Tract: 455.02
  • Tax Lot: 18
Community / Development
Community / Development
  • Community Features: Curbs, Gutters
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Disposal
  • Equipment: Dishwasher, Gas Dryer Hookup, Room
  • Interior Features: Open Floorplan, Tile Counters
  • Room Type: Laundry, Living Room
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling: Central Air
  • Heating Type: Heat Pump
  • Heating: Central, Heat Pump, Fireplace(s)
  • Heat Equipment: Fireplace
  • Flooring: Carpet, Laminate
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Electric: Electricity - On Property
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 4
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $1,000
  • Unit Type Pro Forma: 1100
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $750
  • Unit Type Total Rent: $750
  • Unit Type Pro Forma: 850
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Property History for 44769 King Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 44769 King Street

Taxable ValueLand$96,900Additions$228,480Total$325,380
Tax Record2023$5,316 ($443 / month)
Home Facts
Baths1Total Finished SqFt1,100 SqFtAbove Grade Finished SqFt1,100 SqFtStories1Lot Size7,405 SqFtStyleMulti-Family Dwelling (2-4)Year Built1967Year Renovated1987ZoningROCountyRIVERSIDEAPN611-141-003Fireplace TypeHas Fireplace

Schools near 44769 King Street

This home is within Desert Sands Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Theodore Roosevelt Elementary School
PublicK to 5

Thomas Jefferson Middle School
Public6 to 8

Indio High School
Public9 to 12

Palm Desert Charter Middle School
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Kacey Taormina, DRE #01920673; Compass, Heather Woodland, DRE #02134305

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.