$1,025,000
$1,082,500
5.3%For more information regarding the value of a property, please contact us for a free consultation.
0.48 Acres Lot
SOLD DATE : 11/21/2013
Key Details
Sold Price $1,025,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision El Mirador
MLS Listing ID 213002036DA
Sold Date 11/21/13
Construction Status Updated/Remodeled
HOA Y/N No
Lot Size 0.478 Acres
Property Description
Mid Century Modern 10-Unit Residential Income Property complete with tropical landscaping and pool. Ten units consist of four 2bd/1.75ba units, roughly 800 square feet in size and six 1bd/1ba units, approximately 600 square feet in size. The larger two-bedroom units have private poolside front patios, fireplaces and include upgraded kitchens with laminate counters and dishwashers. The smaller one-bedroom units have private rear patios with sliding glass doors. Property shows real pride of ownership with a local, hands on owner and landlord. Drive by this property now. You'll appreciate the curbside charm and appeal. Located just a few blocks from Palm Canyon Drive and downtown Palm Springs, this property would make an excellent investment property with a 6.0% CAP rate or a great owner occupy. Don't let this one slip away. *Available for Back-up Offers.*
Location
State CA
County Riverside
Area 332 - Central Palm Springs
Interior
Heating Electric, Forced Air
Cooling Central Air
Fireplaces Type Gas, Living Room, Raised Hearth
Fireplace Yes
Appliance Water Heater
Exterior
Pool Gunite, In Ground
View Y/N Yes
View Mountain(s)
Roof Type Tar/Gravel
Private Pool Yes
Building
Lot Description Rectangular Lot
Story One
Entry Level One
Foundation Slab
Level or Stories One
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 507023015
Security Features Security Lights
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Tom DeWitt • Coldwell Banker Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "