$1,625,000
$1,695,000
4.1%For more information regarding the value of a property, please contact us for a free consultation.
12 Beds
12 Baths
7,800 SqFt
SOLD DATE : 11/15/2024
Key Details
Sold Price $1,625,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,800 sqft
Price per Sqft $208
MLS Listing ID 219117643DA
Sold Date 11/15/24
Bedrooms 12
Full Baths 12
Year Built 1965
Lot Size 0.460 Acres
Property Description
Rarely available Mid-Century Garden - style Apartment building | 6 - 2 bedroom 2 bath large units with back patios | All units are clean, and well maintained | only 2 units are at Market rents = Upside $$$ | All units open to gated pool | Community laundry room | Carport parking plus additional off street driveway parking | Walking distance to world famous El Paseo shops and restaurants | Will perform at approx. 5.0% CAP rate, at asking price | Incredibly well maintained - Excellent turn-key investment
Location
State CA
County Riverside
Area Palm Desert South
Interior
Heating Forced Air
Cooling Air Conditioning
Flooring Mixed
Exterior
Garage Assigned, Attached, Carport Attached
Garage Spaces 10.0
Pool Community, In Ground, Safety Fence
View Y/N No
Building
Story 1
Sewer In Connected and Paid
Level or Stories One
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
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