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Indio, CA 92201,45601 Monroe ST
Indio, CA 92201,45601 Monroe ST
Indio, CA 92201,45601 Monroe ST
$1,950,000
Est. payment /mo
$2,275,000
14.3%
Est.Price: ?

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1.71 Acres Lot
SOLD DATE : 08/01/2014

Key Details

Sold Price $1,950,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Not Applicable-1

MLS Listing ID 214012923DA

Lot Size 1.710 Acres

Property Description

Fantastic investment opportunity in the heart of Indio, California! Huge complex with 33 rentable units, 91% two bedrooms: SIXTEEN 2br/1ba (plus patio), SEVEN 2br/1ba (plus patio), SEVEN 2br/2ba (plus carport & patio above carport), ONE 1br/1ba, TWO studios. Building offers approx. 33,444 sq. ft. of net rentable area, with average unit size a whopping 984 sq. ft.! Property amenities include a 200 sq. ft. property management office, a storage room, and TWO revenue-generating laundry rooms. Sparkling 20 ft. x 40 ft. safety-fenced swimming pool in the complex courtyard. Property exterior completely repainted in March 2014. Individual suites being renovated with fresh paint and newer appliances upon tenant turnover. Offers 32 covered parking stalls, plus additional open spaces. Property is very centrally located, just half block from Indio Plaza Shopping Center, and near Indio Fashion Mall & Tyselling shopping center. Close to Indio High School and Indio Teen Center.

Location

State CA

County Riverside

Area 699 - Not Defined

Interior

Heating Forced Air

Cooling Central Air

Exterior

Pool In Ground

View Y/N Yes

View Mountain(s)

Roof Type Composition,Shingle

Building

Lot Description Lawn, Landscaped, Level, Near Public Transit, Paved

Story Two

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 Anthony Coleman • Angles
agent
Devone Richard

Broker | License ID: 1002115

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

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