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19355 Wilson Road

North Palm Springs, CA 92258
  • $650,000
  • STATUS: ACTIVE
  • ON SITE: 36 Days
  • ID#: 240020630
UPDATED: 109 min ago
$650,000
  • 6
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,400
    SQFT
  • $271
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1968
County:

School Ratings & Info

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.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
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19355 Wilson Road North Palm Springs, CA 92258

  • Price: $650,000
  • Status: ACTIVE
  • On Site: 36 Days
  • Updated: 109 min ago
  • ID#: 240020630
6
Beds
3
Baths
0
½ Baths
N/A
Acres
2,400
SQFT
$271
$/SQFT
1968
Built
Neighborhood:
North Palm Springs
County:
Riverside
Area:
Riv Cty-North Palm Spri (92258)
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.
Exterior Features

Exterior Stucco Fencing Full Irrigation N/K Parking Non Garage Desc Unit1 AssignedUncovered Parking Non Garage Desc Unit2 AssignedUncovered Parking Non Garage Desc Unit3 AssignedUncovered Roof Other/Remarks Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 3 View Mountains/Hills

Interior Features

Cooling Wall/Window Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Heat Equipment Wall/Gravity Heat Source Natural Gas Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Unit3 Laundry Hook Ups Yes Units With Cooling 3 Units With Dishwashers 3 Units With Dryers 3 Units With Fireplaces 0 Units With Range Oven 3 Units With Refrigerators 3 Units With Washers 3

Property Features

Actual Cap Rate 5.0 Additional Property Use N/K Age Restrictions N/K Annual Expense Actual 11250 Association ID San Diego Association of REALTORS (SDAR) Buildings 1 Cfd Mello Roos Fee 0.0 Complex Features N/K Complex Park no Cross Streets Garnet Rd. Gross Rent Multiplier Actual 16.25 Gross Scheduled Income Actual 39996 Home Owners Assoc Fee Includes N/K Mandatory Remarks None Known Monthly Total Fees 0 Net Operating Income Projected 42750 Other Fees 0.0 Other Income Actual 0 Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Tenant Pays ElectricityGas/Propane Terms CashConventionalFHAVA Unit1 Deposit 900 Unit1 Occupied Tenant Unit1 Projected Rent 1500.0 Unit1 Rent Actual 1074.0 Unit2 Deposit 1300 Unit2 Occupied Tenant Unit2 Projected Rent 1500.0 Unit2 Rent Actual 1300.0 Unit3 Deposit 800 Unit3 Occupied Tenant Unit3 Projected Rent 1500 Unit3 Rent Actual 959.0

San Diego MLS logo Listing provided courtesy of Joe Corbisiero of Compass: 760-201-9252. Listing information © 2024 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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