$420,000
$450,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
10,497 Sqft Lot
SOLD DATE : 05/27/2014
Key Details
Sold Price $420,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision El Mirador
MLS Listing ID 13704921PS
Sold Date 05/27/14
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1950
Lot Size 10,497 Sqft
Property Description
Central Palm Springs mid-century modern - built in 1950 - it does not get more mid-century! 4 units surrounding a large pool with breath-taking unobstructed view of San Jacinto Mountains even the Tram light at night! 2- Studios and 2- one Bedroom units, three have private patios in rear. Stack-stone entrance with security gate. All units have neutral tile flooring, and sandblasted vaulted ceilings. Owner pays water, sewer, trash and pool. All tenants are on month-to-month. Very low vacancy rate - they all love it. You own the land. CAP RATE 6%
Location
State CA
County Riverside
Area 332 - Central Palm Springs
Interior
Heating Electric, Wall Furnace
Cooling Heat Pump, Wall/Window Unit(s)
Fireplace No
Appliance Refrigerator
Exterior
Pool Community, In Ground
Community Features Gated, Pool
View Y/N Yes
View Mountain(s)
Total Parking Spaces 6
Private Pool Yes
Building
Story 1
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 507023013
Security Features Gated Community
Special Listing Condition Standard
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Bought with James Wilson • Deasy Penner Podley
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Broker Associate | Lic# 01398838