$1,060,000
$1,099,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
10,018 Sqft Lot
SOLD DATE : 07/22/2021
Key Details
Sold Price $1,060,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-1
MLS Listing ID 219063490PS
Sold Date 07/22/21
HOA Y/N No
Year Built 1945
Annual Tax Amount $7,431
Tax Year 2020
Lot Size 10,018 Sqft
Property Description
A gem. This fully occupied 5-unit apartment complex has undergone significant upgrades. Nicely remodeled interiors - all with in-unit washer and dryers and stainless kitchen appliances. Each unit was brought down to the studs. There are Four 1 bed/1 bath units and One 2 bed/2 bath unit. Complex has gated common area pool surrounded by a mix of green and desert-scape landscaping. Includes off street assigned parking. Please see income expense report. Current NOI is $44,334.00. Photos taken prior to resident occupancy dates. Furnishings not included.
Location
State CA
County Riverside
Area 334 - South End Palm Springs
Interior
Interior Features Recessed Lighting
Heating Central, Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Vinyl
Fireplace No
Appliance Dishwasher, Disposal, Gas Oven, Gas Range, Refrigerator
Exterior
Garage Assigned
Pool Community, Gunite, In Ground
Community Features Pool
View Y/N Yes
View Mountain(s)
Roof Type Asphalt,Tar/Gravel
Parking Type Assigned
Total Parking Spaces 9
Private Pool Yes
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
HOA Name Village Property Management
Senior Community No
Tax ID 680031011
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Amado Salinas II • Re/Max Desert Properties
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "