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69786 Stellar Drive, Rancho Mirage, CA 92270

$2,100,000
Property Type: Residential Income Bedrooms: 12 Baths: 12 Square Footage: 7,652 Status: Active
Current Price: $2,100,000 List Date: 1/07/2025 Last Modified: 2/25/2025

Description

HUGE PRICE Reductional. An outstanding opportunity awaits you in the heart of Rancho Mirage! This is your opportunity to acquire a set of four attached homes designed By BILL Cody, each with its individual parcel number, in a prime location that promises exceptional returns. These spacious units boast three bedrooms, 2.5 baths, and two-car garages, with over 1900 square feet of living space. Step onto your private balcony to savor panoramic city views that provide the perfect backdrop for relaxation and entertainment. Located at 69786, 69790, 69794 & 69798 Steller Dr., in the coveted Rancho Mirage Cove, these properties offer a high vantage point above the valley, delivering breathtaking vistas. Inside, you'll discover spacious kitchens adorned with granite countertops. The generous living rooms and dining areas offer ample space for gatherings and relaxation. Whether you're looking to diversify your investment portfolio or execute a 1031 exchange, this location is ideal for investors seeking prime real estate opportunities. The flexibility to either maintain these properties as a valuable investment portfolio or sell each unit individually, thanks to their separate APNs, is a significant advantage. Beyond the investment potential, you'll find convenience at your doorstep. Just minutes away, enjoy shopping, dining, and entertainment options, making it effortless to embrace the desert lifestyle you've always desired

More Information MLS# 219122257

Listing Location and Property Info

Status: Active Listing Date: 2025-01-06 Original List Price: 2195900 List Price: $2,100,000 Current Price: $2,100,000 Property Sub-Type: Quadruplex Street #: 69786 Street Name: Stellar Street Suffix: Drive County: Riverside State: CA Zip Code: 92270 Area: 321 - Rancho Mirage Subdivision: Rancho Mirage Cove Country: US

General Property Information

Total Units: 4 Total Bedrooms: 12 Full Baths: 4 3/4 Baths: 4 Half Baths: 4 Total Baths: 12 Approx SqFt: 7652 SqFt Source: Assessor Price Per Unit: 548975 Fireplace: No Building # of Stories: 2 Pool: No Paved: Yes Lot Size Source: Assessor Year Built: 1964 Cross Streets: Mirage Cove & 111

Listing Info

Number of Buildings: 4 Water Heater: Yes Laundry: Yes Laundry Equipment: Hook-Ups Elevator: No School District: Palm Springs Unified Rent Control: No

Tax Info

Tax Mello Roos: No

Property Info

Additional Parcel: Yes Additional Parcel Numbers: 689-052-001,689-052-003,689-052-003 and 689-052-004 Senior Community: No Gated Community: No

Status Change Info

Status Change Date: 2025-01-06

Counts

# Electric Meters: 5 # Gas Meter: 4 # of Dishwashers: 4 # of Disposals: 4 # of Patios: 4 # of Ranges: 4 # of Refrigerators: 4 # Water Meters: 1

Water

Water District Name: Coachella Valley Water District

Parking SpacesInformation

Total Garage Spaces: 4 Total Parking Spaces: 4

DPR

DPR Eligible: No

Property Features

Tenant Pays: Trash Collection; Water Sale Type: Standard Listing Terms: 1031 Exchange; Cash; Cash to New Loan Possession: Close Of Escrow Showing Access: Other Lot Description: 2 - 4 Lots; Back Yard; Fenced; Lawn View Type: City Lights; Mountain(s); Panoramic Irrigation: Sprinkler System; Sprinkler Timer Disclosures: Historical Design Building Style: Contemporary Levels: Two Entry Location: Foyer; Main Level Appliances: Convection Oven; Dishwasher; Disposal; Dryer; Electric Cooktop; Electric Dryer Hookup; Electric Oven; Exhaust Fan; Refrigerator; Washer Kitchen Features: Granite Counters Bedroom Features: All Bedrooms Up Bathroom Features: 2 Primary Baths; Powder Room; Shower & Tub; Tile Shower Flooring: Carpet; Ceramic Tile Cooling Type: Air Conditioning; Central Air Heating: Forced Air Heating Fuel: Natural Gas Rooms: Dining Area; Family Room; Formal Entry TV Services: Cable TV Laundry: In Closet Security Safety: None Roofing: Flat Patio Features: Balcony Sewer: In, Connected and Paid Water: Water District Water Heater Feature: Gas Parking: Covered; Garage Door Opener; Other Land Lease Type: Fee Simple

Documents

Listing Office: Orange Coast, Inc.
Listing Agent: Bijan Tahbazalli
Last Updated: February - 25 - 2025
Information deemed reliable but not guaranteed.

 

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