8 Beds
4 Baths
3,200 SqFt
8 Beds
4 Baths
3,200 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $337
Subdivision Desert Highland Gateway
MLS Listing ID 219120547
Bedrooms 8
Full Baths 4
HOA Y/N No
Year Built 1980
Annual Tax Amount $14,177
Tax Year 2024
Lot Size 7,840 Sqft
Acres 0.18
Property Description
*Live in one unit, and rent out the other 3 unit while you build equity.
*Apartment homes include washer hookups, gas stove, refrigerator and mini-split AC/Heat units. Resident pays for electric, gas, Internet.
*Rent includes water, sewer, trash, landscape maintenance, secured entry, off street parking.
* One unit is currently vacant. Live in one unit and rent out the other 3. Seller is in the process of advertising the vacant unit.
*4.08% cap rate. * 15.38 GRM. * $337.50 $/SF.
* Rents: $1,550; $1,500; $1,400; $,1400 (vacant).
*4- 2bed/1bath. *Approx 800 sq. ft. each (buyer to verify). *Scheduled Gross Income: $70,200.
*Contact Steve Sanchez 760-485-1033 for the OM.
Location
State CA
County Riverside
Area 331 - Palm Springs North End
Zoning R-1
Interior
Heating Electric, Other
Cooling Wall/Window Unit(s)
Fireplace false
Exterior
Garage Spaces 8.0
View Y/N true
View Mountain(s)
Private Pool No
Building
Story 1
Entry Level Ground Level, No Unit Above
Sewer In Street Paid
Level or Stories Ground Level, No Unit Above
Schools
School District Palm Springs Unified
Others
Senior Community No
Acceptable Financing Cash, Cash to New Loan, FHA, VA Loan
Listing Terms Cash, Cash to New Loan, FHA, VA Loan
Special Listing Condition Standard
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REALTORS® | Lic# 01958848 | 01882273