$550,000
$550,000
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0.26 Acres Lot
SOLD DATE : 04/01/2019
Key Details
Sold Price $550,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Warm Sands
MLS Listing ID 19426822PS
Sold Date 04/01/19
HOA Y/N No
Year Built 1960
Lot Size 0.256 Acres
Acres 0.2558
Property Description
Excellent opportunity in the desirable Warm Sands neighborhood to purchase a 4-unit property. Previous owners have held for over 15 years, and the property has been professionally managed since its purchase. This property has zero vacancy, and historically quick tenant turnover due to the highly desirable neighborhood attracting strong tenant demand. Minor renovation to most of the units, and substantial rehab of Unit 4 including new flooring, stainless steel appliances, windows and sliding glass doors. Each unit has its own electric and gas meter, and owner pays for water.
Location
State CA
County Riverside
Area 334 - South End Palm Springs
Interior
Fireplace No
Exterior
Garage Other
View Y/N No
Parking Type Other
Total Parking Spaces 8
Private Pool No
Building
Story 1
New Construction No
Others
Senior Community No
Tax ID 508146001
Special Listing Condition Standard
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Bought with Jumi Achermann • Keller Williams Realty
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "