Palm Springs, CA 92264,540 Desert Way
Palm Springs, CA 92264,540 Desert Way
Palm Springs, CA 92264,540 Desert Way
Palm Springs, CA 92264,540 Desert Way
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$465,000

$499,000

6.8%
Est.Price: ?

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Est. payment /mo

10,206 Sqft Lot


SOLD DATE : 10/21/2013

Key Details

Sold Price $465,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Demuth Park

MLS Listing ID 21474002DA

Sold Date 10/21/13

HOA Y/N No

Year Built 1981

Annual Tax Amount $5,988

Lot Size 10,206 Sqft

Property Description

This property consists of 5 Units, all one-bedroom/one-bath units. Current rents are $700 per unit with month-to-month leases (rents have not been increased in 7 years). Nicely maintained and managed by local owner. Please ask for the Financial Statement showing income, expenses and a summary of improvements. And, please also see the property for sale at 567 Desert Way (MLS #21474019) with a similar unit mix and rents. Seller prefers to sell both properties together but will consider selling separately.

Location

State CA

County Riverside

Area 334 - South End Palm Springs

Interior

Heating Electric

Fireplace No

Appliance Electric Water Heater, Water Heater

Exterior

View Y/N No

Roof Type Foam

Private Pool No

Building

Lot Description Level

Story One

Entry Level One

Foundation Slab

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 680034003

Acceptable Financing Cash, Cash to Existing Loan

Listing Terms Cash, Cash to Existing Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Doug Fischer • Coldwell Banker Realty
Bought with Out Side Agent • Out Side Broker Office
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