$495,000
$495,000
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9,147 Sqft Lot
SOLD DATE : 12/14/2016
Key Details
Sold Price $495,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Cathedral City Cove (33611)
MLS Listing ID OC16146392
Sold Date 12/14/16
HOA Y/N No
Year Built 1982
Annual Tax Amount $8,862
Tax Year 2015
Lot Size 9,147 Sqft
Property Description
Awesome opportunity to start your real estate portfolio! 4 units, all units have separate entrances, no neighbors in the rear, the units have private small yards and a nice quiet area with unobstructed mountain views! Master bath in each dwelling, vaulted ceilings, 6 parking spaces and all are 2 bedrooms, 2 full baths. 2 units rent for $850, two rent for $900. Pro-forma is $975 per unit. 3 units remodeled. Comes with: 3 new stoves, new tile throughout in 3 units, 2 new refrigerators 4 new roofs! Centrally located half way between Palm Springs and Palm Desert. One unit needs TLC.
Location
State CA
County Riverside
Area 336 - Cathedral City South
Interior
Interior Features All Bedrooms Down
Heating Central
Cooling Central Air
Flooring Carpet
Fireplace No
Appliance Double Oven, Electric Range
Laundry Common Area
Exterior
Parking Features Unassigned
Carport Spaces 6
Pool None
Community Features Street Lights
Utilities Available Sewer Available, Sewer Connected
Total Parking Spaces 12
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Foundation Slab
Water Public
Level or Stories One
Others
Senior Community No
Tax ID 687102004
Acceptable Financing Cash, Cash to New Loan, Conventional, FHA, Submit, VA Loan
Listing Terms Cash, Cash to New Loan, Conventional, FHA, Submit, VA Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Alejandro Perez-Munoz • HomeSmart Professionals
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "