34901 Marcia Road , 1-4

    Cathedral City, CA 92234
    • $749,900
    • STATUS: Active
    • ON SITE: 24 days
    • MLS #: 218030790
    UPDATED: 38 min ago
    $749,900
    • 8
      BEDS
    • 0.33
      ACRES
    • 8
      BATHS
    • 0
      1/2 BATHS
    • 5,200
      SQFT
    • $144
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1986
    County:

    School Ratings & Info

    School District:

    Description

    5.3 CAP rate! Where can you find that? Always fully occupied with tenant waiting list. All leases are short term and therefore may be increased at new buyer's discretion. All tenants have been here at least 4 years. Some more than that. Fabulous, centrally located.

    Monthly Payment Calculator

    ©2018 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Brad Schmett Real Estate Group or eXp Realty of California, Inc.. Based on information from the California Desert Association of Realtors as of 2018-12-10T15:35:50.917. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

    Licensed in the State of California, USA
    www.bradschmett.net/homes/89461304

    34901 Marcia Road , 1-4 Cathedral City, CA 92234

    • Price: $749,900
    • Status: Active
    • Updated: 38 min ago
    • MLS #: 218030790
    8
    Beds
    8
    Baths
    0
    ½ Baths
    0.33
    Acres
    5,200
    SQFT
    $144
    $/SQFT
    1986
    Built
    Neighborhood:
    Not Applicable-336
    County:
    Riverside
    Area:
    Cathedral City South
    School District:
    Palm Springs Usd
    Property Description
    5.3 CAP rate! Where can you find that? Always fully occupied with tenant waiting list. All leases are short term and therefore may be increased at new buyer's discretion. All tenants have been here at least 4 years. Some more than that. Fabulous, centrally located.
    Exterior Features

    Carport Or Covered Spaces 0 Casita Guesthouse None Construction Frame And Stucco Exterior Construction Stucco Foundation Concrete Slab Lot Description LandscapedLot-Level/FlatStreet PavedStreet PublicUtilitiesunderground Pool No Spa Hot Tub YN No Total Other Spaces 6 Total Parking Spaces 14 View Yes

    Interior Features

    Avg Sq Ft Studio 0 Avg Sq Ft1 Bedroom 0 Avg Sq Ft2 Bedroom 0 Avg Sq Ft3 Bedroom 0 Bathrooms 8.00 Cooling Type Air ConditioningCentral A/C Elevators No Entry Level 0 Fireplace No Heating Fuel Natural Gas Heating Type Forced Air

    Property Features

    Act Total Rent 0.00 Adj Gross Income 54720.00 Amenities Guest Parking Annual Gross Rent 57600.00 Annual Land Lease Amount 0.00 Cross Street Address 35th Ave. Disclosures Property As IsSection 8 Green Year Certified 0 Gross Annual Income 57600.00 Gross Operating Inc 57600.00 Gross Schedule Inc 0.00 Land Fee Landlord Pays For Water Lot Size Source (Assessor) MLS California Desert Aor Mls Monthly Gross Income 4560.00 Net Operating Inc 39480.00 Number Of Buildings 2 Operating Expenses 1832.00 Possession Close Of EscrowTenants Rights Property Subtype Residential Income Realtor Association California Desert Association Of Realtors Sale Type Standard Sale Sewer InConnected & Paid Square Footage Source Appraiser Tax Mello Roos No Tax Rate 1.25 Tenant Pays For Cable TvElectricityGas Terms CashConventionalFha LoanVa Loan Total Annual Op Exp 15240.00 Total Taxes 8289.00

    Listing information © 2018 California Desert Association of Realtors.
    Listing provided courtesy of James Fortson of Jbre, Inc.
    ©2018 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Brad Schmett Real Estate Group or eXp Realty of California, Inc.. Based on information from the California Desert Association of Realtors as of 2018-12-10T15:35:50.917. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

    Licensed in the State of California, USA
     
    Brad Schmett Real Estate Group or eXp Realty of California, Inc.
    760-880-5845
    La Quinta and Palm Springs CA,