$900,000
$969,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 11/02/2018
Key Details
Sold Price $900,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Other (Othr)
MLS Listing ID OC18168546
Sold Date 11/02/18
HOA Y/N No
Year Built 1948
Annual Tax Amount $6,500
Property Description
UNIQUE OPPORTUNITY FOR THE RIGHT BUYER! Convert this 5 unit complex into individual condo's and rent them out as vacation rentals, or convert it into a hotel, or keep it for yourself as your very own private compound! This 5 bedroom 5bathroom compound has been completely renovated outside. Including new block wall cabana area, new pool and pool heater, new roof with reflective shingles, new metal awnings, new metal soffits and fascia, new stucco and tile exterior, new landscaping including ficus hedge around entire property. This compound consists of 5 units. There are 3 studio units and 2 one bedroom units. 3 units have been completely renovated and the other 2 units are still in the process of being renovated. 4 units are attached and 1 unit (the bungalow) is detached . All units have their own kitchen and their own bathroom and private back patio. Compound also has 6 parking stalls. Lot size is 11000 sq feet.
Location
State CA
County Riverside
Area 331 - North End Palm Springs
Zoning R2
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Tile
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Trash Compactor
Laundry None
Exterior
Garage Off Street
Pool In Ground, Private
Community Features Sidewalks
Utilities Available Cable Available, Sewer Available, Water Available
Roof Type Shingle
Parking Type Off Street
Private Pool Yes
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 507042018
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Alan Wachman • Miller & Desatnik Realty Co.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "