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74431 Driftwood DR Palm Desert, CA 92260
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Key Details
Sold Price $599,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-1
MLS Listing ID 218017752DA
Sold Date 11/29/18
HOA Y/N No
Year Built 1986
Lot Size 8,712 Sqft
Property Description
Clean and very well maintained South Palm Desert Triplex. The property consists of one 2bd/2ba unit and two 2bd/1ba units, complete with 3 double car garages. The units are single level, with laundry inside each unit, vaulted ceilings and pleasant entry area. The property is located on a quiet street that is just a few short blocks from El Paseo, shops and restaurants. Please inquire for income-expense statement and rent roll, both current and projected. Rents are currently below market value; projected market rents produce a CAP rate of 5.50%.
Location
State CA
County Riverside
Area 323 - South Palm Desert
Interior
Heating Central, Forced Air
Cooling Central Air
Fireplace No
Appliance Water Heater
Exterior
Garage Spaces 6.0
Garage Description 6.0
View Y/N No
Roof Type Concrete,Tile
Total Parking Spaces 6
Private Pool No
Building
Lot Description Landscaped, Level, Rectangular Lot
Story One
Entry Level One
Foundation Slab
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 625143013
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Scott Newton • Bennion Deville Homes
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