Address Not Available By Request

    Palm Springs, CA 92262
    • $1,050,000
    • STATUS: Active Under Contract
    • ON SITE: 49 days
    • MLS #: 218026946
    Under Contract
    $1,050,000
    • 9
      BEDS
    • 0.41
      ACRES
    • 9
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:

    School Information

    High School:
    School District:

    Description

    Please do not disturb the tenants! This one-of-a-kind 9 unit apartment complex (3 studios, 3 juniors and 3 1 bedrooms) in Palm Springs which has been recently updated. Everything from new kitchen countertops, cabinets, and appliances to new bathroom vanities and toilets to a new roof and double-pane sliders! These are ground level units, all of which face the pool (re-plastered and tiled in April), while each back patio space is completely enclosed and private. Too good to pass up! This is positive cash flow investment property!

    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 2018-11-17T23:35:57.29. 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/88076432

    Address Not Available By Request Palm Springs, CA 92262

    • Price: $1,050,000
    • Status: Active Under Contract
    • MLS #: 218026946
    9
    Beds
    9
    Baths
    0
    ½ Baths
    0.41
    Acres
    1962
    Built
    Neighborhood:
    Not Applicable-331
    County:
    Riverside
    Area:
    Palm Springs North E
    Elementary School:
    Vista Del Monte Elementary School
    Middle School:
    Raymond Cree Middle School
    High School:
    Palm Springs High
    School District:
    Palm Springs Usd
    Property Description
    Please do not disturb the tenants! This one-of-a-kind 9 unit apartment complex (3 studios, 3 juniors and 3 1 bedrooms) in Palm Springs which has been recently updated. Everything from new kitchen countertops, cabinets, and appliances to new bathroom vanities and toilets to a new roof and double-pane sliders! These are ground level units, all of which face the pool (re-plastered and tiled in April), while each back patio space is completely enclosed and private. Too good to pass up! This is positive cash flow investment property!
    Exterior Features

    Alley No Building Style Mid CenturyTraditional Carport Or Covered Spaces 0 Casita Guesthouse None Exterior Construction Stucco Foundation Concrete Slab Lot Description Street PavedStreet Public Paved Yes Pool Yes Pool Accessories Safety FenceSafety Gate Pool Construction In GroundTile Pool Descriptions Pool Not Heated Pool Location Community Pool Property Orientation Frontdoor Faces EastFrontdoor Faces WestFrontdoor Facessouth Roofing Foam Spa Hot Tub YN No Total Other Spaces 12 Total Parking Spaces 12 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 9.00 Cooling Type Wall And/Or Wndwunit Entry Level 0 Entry Location Ground Level-Nosteps Fireplace No Heating Fuel Natural Gas Heating Type Wall Heater Laundry Equipment Own Water Heater Yes Water Heater Features Gas Window Treatments Double Pane

    Property Features

    Act Total Rent 0.00 Adj Gross Income 0.00 Amenities Storage Area Annual Gross Rent 88200.00 Annual Land Lease Amount 0.00 Community Features Community Mailbox Cross Street Address E Racquet Club Between Sunrise Disclosures Property As Is Green Year Certified 0 Gross Annual Income 88835.00 Gross Operating Inc 0.00 Gross Schedule Inc 0.00 Land Fee Landlord Pays For GardenerGasPool ServiceWater Laundry Yes Laundry Description CoinCommunity Lot Size Source (Assessor) MLS California Desert Aor Mls Monthly Gross Income 7350.00 Net Operating Inc 53159.32 Number Of Buildings 1 Operating Expenses 35675.68 Possession Close Of EscrowTenants Rights Property Subtype Residential Income Realtor Association California Desert Association Of Realtors Sale Type Standard Sale Security And Safety Gated Community Sewer InConnected & Paid Tax Mello Roos Unknown Tax Rate 0.00 Tenant Pays For Cable TvElectricity Terms CashConventionalOwner May CarryPrivate Total Annual Op Exp 0.00 Total Taxes 0.00 Unit Location Ground Floor Water Water District

    Listing information © 2018 California Desert Association of Realtors.
    Listing provided courtesy of Jennifer Christenot of Keller Williams Realty.
    ©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 2018-11-17T23:35:57.29. 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,