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74218 Alessandro DR Palm Desert, CA 92260
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Key Details
Sold Price $288,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-1
MLS Listing ID 219006943DA
Sold Date 04/30/19
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1957
Lot Size 10,018 Sqft
Property Description
This is a great opportunity to purchase an income producing asset with a current rate CAP of 4.6%. Do nothing but collect the income and/or plan for expansion on this +/-.25 acre property. Perfect for a development play since it sits within the Downtown Edge Overlay (DOE) zoning of Palm Desert! The two separate units (+/-410sf each) have new completely remodeled bathrooms and kitchens. The single unattached laundry facility is located at the north end of the property. A beautiful pebble tech pool sits inside the secured gates of the property.
Location
State CA
County Riverside
Area 322 - North Palm Desert
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Pool In Ground
View Y/N Yes
Total Parking Spaces 7
Private Pool Yes
Building
Story One
Entry Level One
Foundation Slab
Water Private
Level or Stories One
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 625083007
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Kenneth Stemmer • OZA Realty
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