$288,000
$319,500
9.9%For more information regarding the value of a property, please contact us for a free consultation.
Address not disclosed Palm Desert, CA 92260
10,018 Sqft Lot
Key Details
Sold Price $288,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-1
MLS Listing ID 219006943DA
Sold Date 04/30/19
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1957
Lot Size 10,018 Sqft
Acres 0.23
Property Description
This is a great opportunity to purchase an income producing asset with a current rate CAP of 4.6%. Do nothing but collect the income and/or plan for expansion on this +/-.25 acre property. Perfect for a development play since it sits within the Downtown Edge Overlay (DOE) zoning of Palm Desert! The two separate units (+/-410sf each) have new completely remodeled bathrooms and kitchens. The single unattached laundry facility is located at the north end of the property. A beautiful pebble tech pool sits inside the secured gates of the property.
Location
State CA
County Riverside
Area 322 - North Palm Desert
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Pool In Ground
Private Pool No
Building
Story One
Entry Level One
Foundation Slab
Water Private
Level or Stories One
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 625083007
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Kenneth Stemmer • OZA Realty