69786 Stellar Drive Rancho Mirage, CA $ 2,245,000
69786 Stellar Drive
$ 2,245,000
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69786 Stellar Drive

Rancho Mirage, CA, 92270
$ 2,245,000
Baths0.0

Monthly Estimate*

$ 14,921

Listed by Orange Coast, Inc.
69786 Stellar Drive, Rancho Mirage, CA 92270 - Image 1
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Studio

Multi-Family Home for sale in Rancho Mirage, CA

for $2,245,000. This home was built in 1964.

An outstanding opportunity awaits you in the heart of Rancho Mirage! This is your opportunity to acquire a set of four attached homes, 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.

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Multi-Family Active

Price

$ 2,245,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Contemporary

Year Built

1964

Town/City

Rancho Mirage

County/Region

Riverside

MLS | Web ID

219105478DA

Days on Market

143

Features
General
Heating ForcedAir NaturalGas
Cooling CentralAir
Possession CloseOfEscrow
Roof Flat
Appliances ConvectionOven Dishwasher Disposal GasWaterHeater Microwave Refrigerator VentedExhaustFan WaterHeater
HOA 0.0
Garage Spaces 8.0
Architectural Style Contemporary
Year Built 1964
Tenant Pays CableTV Electricity Gas
View CityLights Hills
Stories 2
Levels Two
County Riverside
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Subdivision Name Rancho Mirage Cove
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions from Plam Spring 111 right to Mirage cove and left on Stellar
City Rancho Mirage
View Y/N Y
Senior Community Y/N N
Open Parking Spaces 0.0
NumberOfUnitsTotal 4
MLS Area 321 - Rancho Mirage
Lot Size Units SquareFeet
Lot Size Square Feet 0.0
Private Pool N
Waterfront Y/N N
Carport Spaces 0.0
Carport Y/N N
Number of Units Leased 4
Street Name Stellar
Listing Terms Cash CashtoNewLoan Conventional Item1031Exchange
Property Attached Y/N Y
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 74
Standard Status Active
Year Built Source Assessor
Total Actual Rent 10900.0
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Interior
Flooring Carpet Tile
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Exterior
Parking Features Garage GarageDoorOpener
Lot Features BackYard
Total Parking 8.0
Lot Size Area 0.0
Number of Buildings 4
Spa N
Street Suffix Drive
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 69786
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* Excluded Features
List By
Orange Coast, Inc.

Broker

(949) 929-7979

Phone

Affordability Calculator

$14,921
Per Month
100%
0%
0%
Monthly Principal & Interest
$14,921
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/26/2024$2,245,000 -2.18% Price Down
1/18/2024$2,295,000 Listed Price

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69786 Stellar Drive, Rancho Mirage, CA, 92270 is a Multi-Family Home for sale at $2,245,000. 69786 Stellar Drive is a studio with 0.0 baths and was built in 1964. The property's zip code is 92270 which is in Rancho Mirage, CA