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    11316 Palm Drive

    Desert Hot Springs, CA 92240
    • $495,000
    • STATUS: Active
    • ON SITE: 14 days
    • MLS #: IV21194665
    $495,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Ratings & Info

    Description

    Great opportunity to own your own rental income property in the up and coming Desert Hot Springs, located between Joshua Tree and Palm Springs! Fully occupied 4-Plex has THREE 1 bedroom with 1 bath and a studio. Each unit has their own electric and gas meter, WITH one WATER meter for all. Supreme location right near the Spa District. Only a couple of blocks from Hot Springs Park and Downtown Desert Hot Springs.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-18T00:28:33.337. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Brad Schmett Real Estate Group. Licensed in the State of California, USA.
    www.bradschmett.net/homes/121111690
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    11316 Palm Drive Desert Hot Springs, CA 92240

    • Price: $495,000
    • Status: Active
    • MLS #: IV21194665
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    1960
    Built
    Neighborhood:
    Other (Othr)
    County:
    Riverside
    Area:
    340 - Desert Hot Springs
    Property Description
    Great opportunity to own your own rental income property in the up and coming Desert Hot Springs, located between Joshua Tree and Palm Springs! Fully occupied 4-Plex has THREE 1 bedroom with 1 bath and a studio. Each unit has their own electric and gas meter, WITH one WATER meter for all. Supreme location right near the Spa District. Only a couple of blocks from Hot Springs Park and Downtown Desert Hot Springs.
    Exterior Features

    Lot Features LevelNear Public TransitRectangular Lot Number Of Separate Electric Meters 4 Parking Features Driveway Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Appliances Gas RangeRefrigerator Common Walls 2+ Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Heating Wall Furnace Heating YN Yes

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features CurbsSidewalks Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 0 Gross Scheduled Income 29160 Inclusions All Refrigerators in All Units And All Ranges in All Units. Insurance Expense 1211 Land Lease YN No Laundry Features None Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalFhaSubmitVa Loan Net Operating Income 25705 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 3455 Possession Close Of Escrow Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Gas Trash Expense 1344 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 900 Water Source Public Zoning Lc

    Listing provided courtesy of Renae Walker of Vylla Home, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-18T00:28:33.337. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Brad Schmett Real Estate Group. Licensed in the State of California, USA.
     
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    Brad Schmett Real Estate Group
    760-880-5845
    La Quinta and Palm Springs CA,