$540,000
$562,500
4.0%For more information regarding the value of a property, please contact us for a free consultation.
6,098 Sqft Lot
SOLD DATE : 07/02/2019
Key Details
Sold Price $540,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Warm Sands
MLS Listing ID 18372424PS
Sold Date 07/02/19
HOA Y/N No
Year Built 1936
Lot Size 6,098 Sqft
Acres 0.14
Property Description
Price Reduction. This 4-unit property is located within one of Palm Springs' most popular rental areas, Warm Sands. Located in the south end of PS, it is walking distance to restaurants, sites and night life. This is a quiet street predominantly composed of rental units. This property includes a good rental mix of 1-2 bedroom unit, 2-1 bedroom units, and a large studio. But could be considered as possible single home conversion plus rental income. Property is low maintenance w/few monthly expenses. Currently all units are rented. Separate electrical meters. Two bldgs constructed 1936 and 1957. Tenants are aware of the listing, but they represent an asset, please do not disturb the occupants. See attached docs for financial info.
Location
State CA
County Riverside
Area 334 - South End Palm Springs
Interior
Heating Central, Forced Air
Cooling Evaporative Cooling, Wall/Window Unit(s)
Flooring Tile
Fireplace No
Appliance Dishwasher, Electric Range, Gas Range, Microwave, Refrigerator, Water Heater
Exterior
Garage Driveway
Community Features Gated
View Y/N No
Parking Type Driveway
Total Parking Spaces 4
Private Pool No
Building
Story 1
Foundation Slab
New Construction No
Others
Senior Community No
Tax ID 508124012
Security Features Fire Detection System,Gated Community,Smoke Detector(s)
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
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Bought with Brian Droze • RE/MAX TerraSol
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "