$3,400,000
For Sale

48750 Southview Place

Indio, CA 92201
5011 sqft | 10 beds | 7 baths | 2.19 acres | #219113967PS
Listing OfficeThe Firm Brokerage
Browse 236 photos
Type:Purchase
Structure:House
Zone:Residential

Description

One of a kind extremely high producing 10 bedroom 7 bathroom estate property walking distance to the Polo Grounds! On a sprawling 2 acre lot with its own lake and breathtaking mountain views, this stunning two-story modern Mediterranean-style home features a spacious yard, volleyball court, kidney shaped swimming pool and so much more!This home has produced amazing returns as an investment property for the last 9 years averaging close to half a million in gross revenue, per year, over that time. Ask agent for income numbers. This resort-like atmosphere is rarely seen and surprisingly still has amazing upside. A tasteful remodel, or million dollar outdoor/pool remodel could take this property close to the 1 million per year mark! The converted garage is now a large game room equipped with a pool table, ping pong, and arcade games. Ideal for family fun or as an astonishingly lucrative rental. The property seamlessly blends indoor and outdoor living, beautifully landscaped gardens, and modern, sophisticated interior and is now offered fully furnished with a book of business and rental income ready to go for its new owner. Includes APN 616-370-073, 616-370-074, 616-370-075, 616-370-076, 616-370-077

  • Property Details
      • Property SubtypeSingleFamilyResidence
      • SubdivisionNot Applicable-1
      • ViewMountains, Pond
      • MLS #219113967PS
      • MLS #219113967PS
      • Lot DescriptionLandscaped
      • Original List Price$3,400,000
      • InteriorFurnished
      • CountyRiverside
      • Property TypePurchase
      • Cost3400000
      • Acres2.19
      • Square Feet5011
      • Year Built1999
      • Bedrooms10
      • Bathrooms7
      • Full Baths7
      • Stories2

Location

Rami ElminoufiReal Estate Group
$
years

Down Payment

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20.0%

Interest Rate

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5.0%

Tax Rate

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1.3%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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