351 E Cottonwood Road

    Palm Springs, CA 92262
    • $995,000
    • STATUS: Active
    • ON SITE: 10 days
    • ID#: 19518662
    UPDATED: 213 min ago
    $995,000
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,308
      SQFT
    • $301
      $/SQFT
    Type:
    Multi-Family
    Built:
    1947
    County:

    School Ratings & Info

    Description

    Classic Spanish "Hacienda" Style 5 unit apartment compound. Remodeled free standing 2 bedroom + 1 bath house plus 4 additional rental units. Expenses are estimated, 1 non-conforming unit, property is master metered. Buyer's and/or Broker's to verify building square footage, lot size etc. with City of Palm Springs.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-19T00:36:24.343. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.
    www.bestlahomefinder.com/homes/99704209

    351 E Cottonwood Road Palm Springs, CA 92262

    • Price: $995,000
    • Status: Active
    • Updated: 213 min ago
    • ID#: 19518662
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    3,308
    SQFT
    $301
    $/SQFT
    1947
    Built
    Neighborhood:
    332 - Central Palm Springs
    County:
    Riverside
    Area:
    332 - Central Palm Springs
    Property Description
    Classic Spanish "Hacienda" Style 5 unit apartment compound. Remodeled free standing 2 bedroom + 1 bath house plus 4 additional rental units. Expenses are estimated, 1 non-conforming unit, property is master metered. Buyer's and/or Broker's to verify building square footage, lot size etc. with City of Palm Springs.
    Exterior Features

    Architectural Style Spanish Lot Size Source Assessor Lot Size Units Square Feet Parking Features Uncovered Parking YN Yes Pool Features In Ground Pool Private YN Yes View Mountain(S) View YN Yes

    Interior Features

    Appliances Refrigerator Appliances YN Yes Laundry Features Washer IncludedDryer Included Room Type Living Room

    Property Features

    Cap Rate 4.50 Gross Multiplier 12.10 Gross Operating Income 79734.00 Improvements Amount 653504 Land Lease YN No Land Value 235491 Laundry YN Yes Net Operating Income 44816.00 Security Features Gated CommunitySmoke Detector(S) Special Listing Conditions Standard Total Expenses 34918.00 Zoning R2

    Listing provided courtesy of Alan Wachman of Miller & Desatnik Realty Co.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-19T00:36:24.343. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.
     
    RE/MAX Masters
    475 E. Badillo Street
    Covina CA, 91723