37111 Cathedral Canyon Drive

    Cathedral City, CA 92234
    • $950,000
    • STATUS: Active
    • ON SITE: 286 days
    • MLS #: 19432030
    UPDATED: 30 min ago
    $950,000
    • 6
      BEDS
    • 0.32
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    ALL BUT TWO RENTALS HAVE ARE FURNISHED AND OWNER PAYS UTILITIES INCLUDING INTERNET. INCOME WOULD BE MUCH HIGHER IF TENANTS PAID THEIR OWN UTILITIES. ALL SEPARATE METERS EXCEPT WATER. PRICES CHANGE FOR SEASONAL RENTS AND VARIES BY A FEW HUNDRED DOLLARS. BEAUTIFUL COURTYARD WITH POOL LOTS OF OFF STREET PARKING. WALKING DISTANCE FROM THE NEW CASINO IN CATHEDRAL CITY. LAUNDRY ROOM WASHER DRYER COIN OPERATED OWNED BY SELLER. OWNER IS A LICENSED CALIFORNIA REAL ESTATE AGENT.

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    ©2019 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. Based on information from the California Desert Association of Realtors as of 2019-11-21T19:35:20.31. 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/91639199

    37111 Cathedral Canyon Drive Cathedral City, CA 92234

    • Price: $950,000
    • Status: Active
    • Updated: 30 min ago
    • MLS #: 19432030
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.32
    Acres
    Neighborhood:
    Cathedral City Cove
    County:
    Riverside
    Area:
    336 - Cathedral City South
    Property Description
    ALL BUT TWO RENTALS HAVE ARE FURNISHED AND OWNER PAYS UTILITIES INCLUDING INTERNET. INCOME WOULD BE MUCH HIGHER IF TENANTS PAID THEIR OWN UTILITIES. ALL SEPARATE METERS EXCEPT WATER. PRICES CHANGE FOR SEASONAL RENTS AND VARIES BY A FEW HUNDRED DOLLARS. BEAUTIFUL COURTYARD WITH POOL LOTS OF OFF STREET PARKING. WALKING DISTANCE FROM THE NEW CASINO IN CATHEDRAL CITY. LAUNDRY ROOM WASHER DRYER COIN OPERATED OWNED BY SELLER. OWNER IS A LICENSED CALIFORNIA REAL ESTATE AGENT.
    Exterior Features

    Parking Assigned Total Parking Spaces 0.00 View No

    Interior Features

    Cooling Type Air Conditioning

    Property Features

    Disclosures Property As Is Gross Income Amount 95976.00 Gross Operating Income Amount 103200.00 Gross Schedule Income Amount 80900.00 Land Type Fee Simple Listing Terms Cash Net Operating Income Amount 79247.00 Pool No Sale Type Standard Total Annual Operating Expenses Amount 103200.00

    Listing information © 2019 California Desert Association of Realtors.
    Listing provided courtesy of Scot Hermesch of Ramsey Realty.
    ©2019 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. Based on information from the California Desert Association of Realtors as of 2019-11-21T19:35:20.31. 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
    760-880-5845
    La Quinta and Palm Springs CA,