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Key Details
Sold Price $975,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Demuth Park (33443)
MLS Listing ID IV21257929
Sold Date 02/14/22
HOA Y/N No
Year Built 1954
Lot Size 10,018 Sqft
Property Description
100% Occupancy at market rent rates.
Great Opportunity to own a clean 4 unit Mid Century Complex in Palm Springs. Most of the units have been updated in the last 5 years. New Tile, new kitchen and bathroom fixtures, new lighting, new mini Split Heat/AC units. Newer Windows and doors. Newer Interior and exterior paint. Newer roofs on entire building. This complex faces West and has a spectacular view of the San Jacinto Mountain Range. The Units are all 1 bedroom with the exception of the large 2 bedroom Unit #2. Rent them all or keep a big vacation residence for yourself and cover the overhead with tenant rentals. Fully Desert landscaped with lots of outdoor space for improvements. Ample off street parking and a fully walled in courtyard with a classic Retro Style make this a true Palm Springs Historic Gem. Potential is endless. Please Respect the Privacy of Occupants Drive By Only
Location
State CA
County Riverside
Area 334 - South End Palm Springs
Zoning R2
Rooms
Ensuite Laundry Outside
Interior
Laundry Location Outside
Heating Ductless, High Efficiency
Cooling Ductless, ENERGY STAR Qualified Equipment
Fireplaces Type None
Fireplace No
Laundry Outside
Exterior
Garage On Site, Off Street
Pool None
Community Features Street Lights, Suburban
Parking Type On Site, Off Street
Total Parking Spaces 8
Private Pool No
Building
Lot Description Rectangular Lot, Street Level
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 680032005
Acceptable Financing Conventional, Submit
Listing Terms Conventional, Submit
Financing Conventional
Special Listing Condition Standard
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Bought with Tiana Capper • Vista Sotheby’s International Realty
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