$1,120,000
$1,175,000
4.7%For more information regarding the value of a property, please contact us for a free consultation.
46342 Highway 74 Palm Desert, CA 92260
0.38 Acres Lot
Key Details
Sold Price $1,120,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Other (Othr)
MLS Listing ID CV20204769
Sold Date 12/30/20
HOA Y/N No
Year Built 1960
Lot Size 0.380 Acres
Lot Dimensions Appraiser
Property Description
PRIDE OF OWNERSHIP LITERALLY TURN KEY 4 UNIT CORNER PROPERTY LOCATED IN SOUTH PALM DESERT WALKING DISTANCE FROM EL PASEO.
ALMOST EVERYTHING HAS BEEN REMODELLED/ UPGRADED INCLUDING:FLOORINGS,WINDOWS,PATIOS,POOL EQUIPMENT,COMMON AREA FLOOR.OWINGS ETC.
TENANTS ENJOY HOMELIKE SETTINGS WITH GREAT FLAW OF EACH SPACIOUS UNIT WHICH INCLUDES PRIVATE PATIOS,PRIVATE LAUNDRY, RESORT LIKE POOL, PLENTY OF PARKING AND STORAGE AND TO TOP IT ALL, IN A VERY QUIET AND TRANQUIL AREA OF SOUTH PALM DESERT NEAR EVERYTHING.
THE NEW OWNER WILL ENJOY THE IMMEDIATE/EXISTING MARKET RENTAL INCOME WITH ALMOST 'ZERO' VACANCY FACTOR, WITH ROOM TO INCREASE AND CREATE MORE CASH FLOW FOR YEARS TO COME.
Location
State CA
County Riverside
Area 323 - South Palm Desert
Zoning R2SP
Interior
Fireplace No
Laundry See Remarks
Exterior
Parking Features Detached Carport
Carport Spaces 4
Pool Community
Community Features Urban, Pool
Total Parking Spaces 4
Private Pool No
Building
Lot Description Corner Lot, Irregular Lot, Sprinkler System
Story One
Entry Level One
Sewer Public Sewer
Water Private
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 628091004
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Alex Dethier • BD Homes-The Paul Kaplan Group