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Key Details
Sold Price $975,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID IV21257929
Bedrooms 5
Lot Size 10,019 Sqft
Type of Financing Conventional
Property Description
100% Occupancy at market rent rates. Great Opportunity to own a clean 4 unit Mid Century Complex in Palm Springs. Most of the units have been updated in the last 5 years. New Tile, new kitchen and bathroom fixtures, new lighting, new mini Split Heat/AC units. Newer Windows and doors. Newer Interior and exterior paint. Newer roofs on entire building. This complex faces West and has a spectacular view of the San Jacinto Mountain Range. The Units are all 1 bedroom with the exception of the large 2 bedroom Unit #2. Rent them all or keep a big vacation residence for yourself and cover the overhead with tenant rentals. Fully Desert landscaped with lots of outdoor space for improvements. Ample off street parking and a fully walled in courtyard with a classic Retro Style make this a true Palm Springs Historic Gem. Potential is endless. Please Respect the Privacy of Occupants Drive By Only
100% Occupancy at market rent rates. Great Opportunity to own a clean 4 unit Mid Century Complex in Palm Springs. Most of the units have been updated in the last 5 years. New Tile, new kitchen and bathroom fixtures, new lighting, new mini Split Heat/AC units. Newer Windows and doors. Newer Interior and exterior paint. Newer roofs on entire building. This complex faces West and has a spectacular view of the San Jacinto Mountain Range. The Units are all 1 bedroom with the exception of the large 2 bedroom Unit #2. Rent them all or keep a big vacation residence for yourself and cover the overhead with tenant rentals. Fully Desert landscaped with lots of outdoor space for improvements. Ample off street parking and a fully walled in courtyard with a classic Retro Style make this a true Palm Springs Historic Gem. Potential is endless. Please Respect the Privacy of Occupants Drive By Only
Location
State CA
County Riverside
Area Riv Cty-Palm Springs (92264)
Zoning Public Rec
Others
Acceptable Financing Conventional
Space Rent $1,395
Listing Terms Conventional
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Bought with Tiana Capper • Vista Sothebys International Realty
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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