$850,000
$939,000
9.5%For more information regarding the value of a property, please contact us for a free consultation.
74624 DRIFTWOOD DR Palm Desert, CA 92260
7,840 Sqft Lot
Key Details
Sold Price $850,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-1
MLS Listing ID 18366050PS
Sold Date 02/22/19
HOA Y/N No
Year Built 1986
Lot Size 7,840 Sqft
Property Description
WONDERFUL OPPORTUNITY TO OWN ONE OF THE PRIME RENTAL FOUR PLEX BUILDINGS IN PALM DESERT. ALL ARE FULLY RENTED WITH SOME VERY LONG TERM RENTERS. THEY'VE ALL BEEN METICULOUSLY MAINTAINED AND UPDATED AS NEEDED. THERE ARE WASHERS AND DRYERS IN EACH UNIT AND EACH COMES WITH ATTACHED , DIRECT ENTRY, TWO CAR GARAGE. THE DEVELOPMENT IS PART OF AN HOA AND THERE IS A TERRIFIC POOL AREA. THE HOA INCLUDES THE POOL, SPA, BATHROOMS, ALL EXTERIOR LANDSCAPING AND GENERAL MAINTENANCE. RENTS ARE CURRENTLY LOWER THAN PROJECTED RENTS.
Location
State CA
County Riverside
Area 323 - South Palm Desert
Interior
Heating Central
Cooling Central Air
Fireplace No
Appliance Dishwasher, Refrigerator
Exterior
View Y/N No
Total Parking Spaces 8
Private Pool No
Building
Story 2
New Construction No
Others
HOA Name Real Property Management
Senior Community No
Tax ID 625162042
Special Listing Condition Standard
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Bought with Camille Victour • HomeSmart Professionals