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Palm Springs, CA 92262,2980 E RANCHERO DR
Palm Springs, CA 92262,2980 E RANCHERO DR
Palm Springs, CA 92262,2980 E RANCHERO DR
$1,905,000
Est. payment /mo
$2,150,000
11.4%
Est.Price: ?

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0.49 Acres Lot
SOLD DATE : 05/18/2018

Key Details

Sold Price $1,905,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Not Applicable-1

MLS Listing ID 17295986PS

Year Built 1960

Lot Size 0.491 Acres

Property Description

Prime location off E Ramon Rd, this 8 unit single-level complex has been extensively remodeled and shows pride of ownership throughout. It totals 17 bedrooms and 10 bathrooms in nearly 5,000+/- SF. It is comprised of (2) 3BR/2BTH units, (5) 2 BR/1BTH units and a (1) 1BR/1BTH unit all with private patios and surrounding a community pool in a gated enclave. Off street parking for 12+ cars. Uses include apartment rentals, vacation rentals or converting it to a sober living home, senior living community or a possible condo conversion. Current owners utilize this as a family compound. As such there are no rental or expense histories. Zoned R-2. Projected rents estimated at $12K+ per month. Units have modern, high end kitchens/bathroom, tile flooring throughout, high ceilings, dual pane windows, washer/dryer in every unit and individual gas/electric meters. Complex backs to estate lots. This is a superior complex ready for your investment direction. Call listing agent for details

Location

State CA

County Riverside

Area 332 - Central Palm Springs

Interior

Heating Central

Flooring Tile

Exterior

Community Features Gated

View Y/N No

Building

Story 1

New Construction No

Others

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Gil Rose • HomeSmart Professionals
Bought with Gil Rose • HomeSmart Professionals
agent
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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