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$650,000
Est. payment /mo
6 Beds
3 Baths
800 SqFt
UPDATED:
09/06/2024 05:53 AM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 800 sqft
Price per Sqft $812
MLS Listing ID 240020630
Bedrooms 6
Full Baths 3
HOA Y/N No
Year Built 1968
Property Description
Palm Springs Multifamily Triplex! All 3 units are 2 BD + 1 BA (Totaling 6 Bedrooms + 3 Bathrooms) and approximately 800 Square Feet each Fully occupied with great long term, month-to-month tenants. Below market rents with potential to raise rents to $1,500+ per unit, which would gross over $54,000/year. All tenants have separate edison electric & gas meters. Owner pays water (~$70/mo) & trash (~$145/mo). Building totals 2,340 sq. ft. on 2 lots. Totaling 23,086 sq. ft. Giving potential to build additional units. Zoned W-2. Fully renovated in 2007, including new roofs, interiors, windows, stucco, water heaters, plumbing, electrical, fans, ACs, wall furnaces, etc. Since, 2/3 units have been fully upgraded. All kitchen appliances included with sale; 3 refrigerators, stoves, microwaves, dishwashers, disposals. Laundry hook up in each unit. Private fenced backyard. Plenty of parking. Great investment opportunity. Quiet location with amazing mountain views! Low maintenance olive trees and desert cactus landscaping. Riverside County APN #668-360-039 + #668-360-007.
Location
State CA
County Riverside
Area Riv Cty-North Palm Spri (92258)
Building/Complex Name no
Interior
Heating Natural Gas
Cooling Wall/Window
Appliance Wall/Gravity
Exterior
Exterior Feature Stucco
Fence Full
View Mountains/Hills
Roof Type Other/Remarks
Building
Story 1
Lot Size Range .5 to 1 AC
Sewer Sewer Connected
Level or Stories 1 Story
Others
Acceptable Financing Cash, Conventional, FHA, VA
Space Rent $1,074
Listing Terms Cash, Conventional, FHA, VA
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Listed by Joe Corbisiero • Compass