$945,000
$975,000
3.1%For more information regarding the value of a property, please contact us for a free consultation.
0.26 Acres Lot
SOLD DATE : 02/13/2015
Key Details
Sold Price $945,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Portola Country Club
MLS Listing ID 14783527PS
Sold Date 02/13/15
HOA Y/N No
Year Built 1973
Lot Size 0.262 Acres
Property Description
Great location just steps from El Paseo. Most units have been rehabbed with tile or wood laminate floors. All central a/c units replaced with window units. Expenses run super lean with long term tenants happy at below market rents. Zero landscape expense. Leased laundry room. Open parking for 10 cars with tons of street parking. 10 legal units with one non conforming studio that was spit off from one of the original 3 BR units and has been rented at $300 the past 10 years due for increase. 3 BR unit has resident "watcher" below market at $700 but there over 10 years.
Location
State CA
County Riverside
Area 322 - North Palm Desert
Interior
Heating Baseboard
Cooling Wall/Window Unit(s)
Flooring Bamboo, Carpet, Tile
Fireplace No
Appliance Dishwasher
Exterior
Parking Features Assigned
Carport Spaces 10
View Y/N No
Total Parking Spaces 10
Private Pool No
Building
Story 2
Foundation Slab
New Construction No
Others
HOA Name none, Lawrence and associates
Senior Community No
Tax ID 625092006
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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Bought with Dale Lawrence • Realty Executives