Views
Listing Provided Courtesy Of:
Steve Remball with Desert Real Estate - (760) 413-3000
Address
Not Disclosed Palm Springs, CA
Price
$ 3,995,000
Property Attributes
  • MLS#219077730DA
  • TypeIncome
  • CountyRIVERSIDE
  • CityPalm Springs
  • AreaSouth End Palm Springs
  • NeighborhoodDemuth Park
  • Zip92264
  • Style
  • Price$ 3,995,000
  • Bedrooms15
  • Full Bathrooms15
  • Half Bathrooms0
Listing Provided Courtesy Of:
Steve Remball with Desert Real Estate - (760) 413-3000
Data Source:
California Regional MLS (CRMLS)
Property Description

3 Separate Parcels each over 10,000 sq ft Sold Together. Buildings Containing -15- unit Mid - Century Patio Apartments Separately Metered. Current Income $191,784. With a Projected Annual Income well over $200,000. Renovated with little to no physical obsolescence. -3- Separate Parcels. 003-004 & 005 = 30,000+- square feet, This is Quality Construction 3 units have Fireplaces, Building square footage over 12,000 square feet. 15+ parking spaces. Drive By but Please Do Not Disturb Tenants! Further Information, Please Contact Agent.

Price History
4/26/2022 Listed $3,995,000

General Features

Additional Parcels Description 680-033-003 & 680-033-005
Additional Parcels Y/N Yes
Appliances Gas Water Heater, Water Heater
Garage Spaces 1
Garage Y/N Yes
Heating Fireplace(s)
Interior Features Beamed Ceilings, Block Walls
Levels One
Listing Agent Steve Remball - BRE#00475059
Listing Agent State License 00475059
MLS Area 334 - South End Palm Springs
Open Parking Spaces 15
Pool Features Gunite, In Ground
Private Pool Yes
Property Attached Y/N Yes
Property Condition Updated/Remodeled
Property Type Residential Income
Roof Composition, Flat
Security Features Security Lights
Senior Community Y/N No
Special Listing Conditions Standard
Status Active
Stories 1
Subdivision Name Demuth Park
Terms Cash, 1031 Exchange
Total Actual Rent 191784
Total Units 15
View Mountain(s)
Water Sewer Expense 3000

Interior Features

Fireplace Features Living Room, See Remarks
Fireplace Y/N Yes
Flooring Tile
Heating Y/N Yes

Exterior Features

Foundation Details Slab
Lot Dimensions 3 Separate Parcels
Lot Features 2-5 Units/Acre, Landscaped, Near Public Transit, Paved
Lot Size Area 10019
Lot Size Source Assessor
Number of Buildings 3
Number of Separate Electric Meters 15
Number of Separate Gas Meters 15
Number of Separate Water Meters 3
Parking Features Assigned, Other, Side By Side
Total Parking 16
View Y/N Yes

Room Details

Room Dimensions Level Flooring Details
Great Room
Sound Studio

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 92264

Price
AVG $2.96M
$4M
Visits
AVG 24
37
Year Built
AVG 1953
1957
Walkscore
AVG 59
49
Data Provided by Walkscore ® not using MLS data

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