$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
Listing Status Sold
Purchase Type For Sale
Square Footage 7,800 sqft
Price per Sqft $208
MLS Listing ID 219117643
Sold Date 11/15/24
Bedrooms 12
Full Baths 12
HOA Y/N No
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 323 - Palm Desert South
Interior
Heating Forced Air
Cooling Air Conditioning
Fireplace false
Exterior
Pool Community, In Ground, Safety Fence
View Y/N false
Private Pool Yes
Building
Story 1
Entry Level One
Sewer In, Connected and Paid
Level or Stories One
Others
Senior Community No
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
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