$1,000,000
$1,200,000
16.7%For more information regarding the value of a property, please contact us for a free consultation.
0.34 Acres Lot
SOLD DATE : 04/14/2022
Key Details
Sold Price $1,000,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-1
MLS Listing ID 219073240DA
Sold Date 04/14/22
HOA Y/N No
Year Built 1980
Lot Size 0.340 Acres
Property Description
Great investment property located in Palm Desert, centrally located, close to shopping, dining, good schools and freeway. Please Note: This 4-Plex Listing includes 42612 and 42634 Clifford St and includes APN 624150007 and APN 624242007 for a total of two adjacent duplex buildings and 4 units with a shared courtyard. All units are 2bd/2ba units with 1003 sq ft each with private backyard spaces. Each unit has an attached 2-car carport and exterior entry to each carport (easily enclosed to be garages) with alley access. All units are 2bd/2ba units with inside laundry hookups with central heating and air conditioning. These are low maintenance properties with long term tenants, all are currently month-to-month tenancy, fully occupied. Rents are well below market with a big upside and rental growth potential. Tenants pay utilities and all units are separately metered for electricity and gas. This four-unit property and an adjacent four-unit property can be purchased together or separately. Please see MLS #219073241 for 42662-42690 Clifford St.
Location
State CA
County Riverside
Area 324 - East Palm Desert
Zoning R-2
Interior
Heating Central, Electric
Cooling Central Air
Flooring Carpet, Tile
Fireplaces Type Living Room, Wood Burning
Fireplace Yes
Appliance Water Heater
Exterior
Garage Assigned
Carport Spaces 8
View Y/N No
Roof Type Shingle
Parking Type Assigned
Total Parking Spaces 16
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One
Foundation Slab
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 624150007
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Doug Fischer • Coldwell Banker Realty
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