$429,000
$429,000
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7,405 Sqft Lot
SOLD DATE : 12/27/2018
Key Details
Sold Price $429,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-1
MLS Listing ID 218026362DA
Sold Date 12/27/18
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1976
Lot Size 7,405 Sqft
Property Description
Good rents, low maintenance, great location. With colleges, parks and employment centers nearby, these units are easy to rent. And rental demand in the area is only growing. Palm Desert is investing in this area heavily. Best spot in Palm Desert to own rental income. This duplex has an 1,100 square-foot, 3 bedroom, 1.75 bathroom unit and a 900 square-foot, 2 bedroom, 1 bathroom unit. Both have a two-car garages and washer-dryer hook-ups. Owner installed a brand new foam roof in 2012. The owner invested in low-maintencance, water-wise landscaping. To many improvements to list. The 2 bedroom unit has new hard floors throughout. Both units are under the care of a management company and have been well cared for. Current rent, $1095 per month. The owner used to occupy the 3 bedroom unit. It has upgrades throughout, including bathroom fixtures and kitchen cabinets. Current rent, $1395 per month. This is a great investment opportunity in the best long-term rental location.
Location
State CA
County Riverside
Area 322 - North Palm Desert
Interior
Fireplace No
Exterior
Garage Spaces 4.0
Carport Spaces 4
Garage Description 4.0
Community Features Park
View Y/N Yes
Total Parking Spaces 12
Private Pool No
Building
Lot Description Back Yard, Corners Marked, Cul-De-Sac, Front Yard, Lawn, Landscaped, Level, Near Park, Near Public Transit, Paved, Yard
Story One
Entry Level One
Level or Stories One
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 627032014
Acceptable Financing Cash, Cash to New Loan, Conventional, Cal Vet Loan, FHA, VA Loan
Listing Terms Cash, Cash to New Loan, Conventional, Cal Vet Loan, FHA, VA Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with JANET STEVENS-MOORE • BRUIN TROJAN REALTORS, INC
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