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Palm Desert, CA 92260,74460 Alessandro DR
Palm Desert, CA 92260,74460 Alessandro DR
Palm Desert, CA 92260,74460 Alessandro DR
$1,627,500
Est. payment /mo
$1,925,000
15.5%
Est.Price: ?

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0.79 Acres Lot
SOLD DATE : 11/05/2014

Key Details

Sold Price $1,627,500

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Not Applicable-1

MLS Listing ID 214012350DA

Year Built 1983

Lot Size 0.791 Acres

Property Description

Great investment opportunity located in one of the best areas of beautiful Palm Desert, CA. Single-story apartment complex, featuring EIGHTEEN units, each one 2BR/1BA, with a spacious average unit size of approx. 800 sq. ft. All apartments include basic appliances such as dishwashers, stoves, refrigerators and tile flooring. Entire exterior has been repainted and the pool resurfaced approximately three years ago. Most suites have been painted and renovated with new kitchens. Property amenities include a sparkling, fenced swimming pool, on-site laundry room, off-street parking, and storage space. Nice mountain views from the interior courtyard/pool area. Fantastic location, literally an easy two-minute stroll to full-service grocery store, restaurants, dining, shopping, services, and public transportation. Five minute drive to famed El Paseo shopping & entertainment district. Always full of tenants, with very low vacancy rate. A true opportunity!

Location

State CA

County Riverside

Area 322 - North Palm Desert

Interior

Heating Central

Cooling Central Air

Exterior

Pool In Ground

View Y/N Yes

Building

Lot Description Landscaped, Level, Near Public Transit, Rectangular Lot

Story One

Foundation Slab

New Construction No

Others

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Beckloff Dye Associates • Bennion Deville Homes
Bought with Out Side Agent • Out Side Broker Office
agent
Devone Richard

Broker | License ID: 1002115

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

BUYING MY HOME

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