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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
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
Heating Central, Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Vinyl
Exterior
Parking Features Assigned
Pool Community, Gunite, In Ground
Community Features Pool
View Y/N Yes
View Mountain(s)
Roof Type Asphalt,Tar/Gravel
Building
Story 1
New Construction No
Others
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