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Key Details
Sold Price $815,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,800 sqft
Price per Sqft $291
MLS Listing ID CV24105852
Sold Date 08/21/24
HOA Y/N No
Year Built 1976
Lot Size 10,018 Sqft
Property Description
Excellent income opportunity. Some units have been updated to offer modern amenities while maintaining classic charm. One of the units include features such as new flooring, updated kitchens, and contemporary fixtures, ensuring a comfortable and appealing living environment for tenants. Located in a desirable area of Palm Springs, this property benefits from the city's vibrant atmosphere and convenient amenities. It is close to schools, shopping, and dining options, making it attractive to potential renters. Additionally, the property has been designed with practicality in mind, offering features like ample parking and easy access to major routes. All four units are rented out. One unit is at fair market value and the other three have room to go up.
Location
State CA
County Riverside
Area 699 - Not Defined
Zoning NR2
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Heating None
Fireplace No
Laundry None
Exterior
Pool None
Community Features Biking, Golf, Park
Total Parking Spaces 4
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Sewer Public Sewer
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 680046005
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Hena Martin • Hena Martin Associates Realty