$1,360,000
$1,665,000
18.3%For more information regarding the value of a property, please contact us for a free consultation.
0.61 Acres Lot
SOLD DATE : 03/15/2019
Key Details
Sold Price $1,360,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-1
MLS Listing ID 218017352DA
Sold Date 03/15/19
HOA Y/N No
Lot Size 0.610 Acres
Property Description
8-Unit Property with Pool at 74630 Shadow Hills Rd in South Palm Desert: Eight 2-bd/2-ba units, pool and carports situated on 0.61 acres. Buildings consist of 4 duplex buildings with single level units ground floor and second floor in each building. Property to be sold in as is condition. Please inquire for details including Income-Expense Statement and Rent Roll, both current and projected. Rents are currently below market value; projected market rents produce a CAP rate of 5.21%.
Location
State CA
County Riverside
Area 323 - South Palm Desert
Interior
Heating Central
Cooling Central Air
Fireplace No
Appliance Gas Water Heater, Water Heater
Exterior
Carport Spaces 16
Pool Gunite, In Ground
View Y/N No
Roof Type Flat,Rolled/Hot Mop
Total Parking Spaces 16
Private Pool Yes
Building
Lot Description Irregular Lot, Lawn, Level
Story Two
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 625161015
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Jeannie Mari Niles • Jeannie Niles Real Estate
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