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Key Details
Sold Price $799,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,600 sqft
Price per Sqft $307
Subdivision Demuth Park
MLS Listing ID 23319281
Sold Date 11/22/23
Bedrooms 4
HOA Y/N No
Year Built 1960
Lot Size 8,276 Sqft
Property Description
Welcome to this incredible investment opportunity in central Palm Springs. This well-maintained fourplex offers the potential for substantial rental income. Fourplex each 1 bed/1 bath and separately metered for electric and gas. All four units have been updated since 2015 and all four are currently rented. A common laundry room with coin operated washer and dryer provides convenience for the Tenants and extra income for the Owner. The exterior of the fourplex is well-maintained and was recently painted. The property features a spacious parking area, ensuring convenience and assigned parking spaces for tenants. Desert landscaping for easy and low cost maintenance. Well maintained both interior and exterior. Drive by only. Please do not disturb Tenants.
Location
State CA
County Riverside
Area 334 - South End Palm Springs
Zoning NR1C
Rooms
Other Rooms Shed(s)
Interior
Heating Central
Cooling Central Air
Fireplaces Type None
Fireplace No
Appliance Disposal, Refrigerator
Laundry Laundry Room
Exterior
Garage Driveway, One Space
Pool None
Roof Type Tar/Gravel
Parking Type Driveway, One Space
Total Parking Spaces 4
Private Pool No
Building
Story 1
Entry Level One
Level or Stories One
Additional Building Shed(s)
New Construction No
Others
Pets Allowed No
Senior Community No
Tax ID 680084011
Special Listing Condition Standard
Pets Description No
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Bought with Timothy Austin • Broker Groves, Inc
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Monique H. Ott-Beacham
Broker | License ID: DRE #01448692
Broker License ID: DRE #01448692