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520 S Desert View Dr

Palm Springs, CA 92264
  • $1,495,000
  • STATUS: ACTIVE
  • ON SITE: 88 Days
  • ID#: 230017005
UPDATED: 68 min ago
$1,495,000
  • 10
    BEDS
  • N/A
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
County:

School Ratings & Info

Description

Contact Kyle Carruthers at 949.547.8088 (NOT Eric Northbrook) kcarruthers@voitco.com. Major price improvement and now priced under $300k per unit. Fully renovated apartment building in a great area of Palm Springs. All 2 bed, 1 bath units with private yards. New appliances, in-unit laundry, and AC. Perfect 1031 Exchange opportunity. See marketing brochure for more.

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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 © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.gellens.com/homes/142971051
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520 S Desert View Dr Palm Springs, CA 92264

  • Price: $1,495,000
  • Status: ACTIVE
  • On Site: 88 Days
  • Updated: 68 min ago
  • ID#: 230017005
10
Beds
5
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Riv Cty-Palm Springs (92264)
County:
Riverside
Area:
Riv Cty-Palm Springs (92264)
Property Description
Contact Kyle Carruthers at 949.547.8088 (NOT Eric Northbrook) kcarruthers@voitco.com. Major price improvement and now priced under $300k per unit. Fully renovated apartment building in a great area of Palm Springs. All 2 bed, 1 bath units with private yards. New appliances, in-unit laundry, and AC. Perfect 1031 Exchange opportunity. See marketing brochure for more.
Interior Features

Cooling Central Forced Air Elec Sq Ft Of Improvement 3350 Units With Dishwashers 5 Units With Disposals 5 Units With Ranges 5 Units With Refrigerators 5

Property Features

Actual Cap Rate 5.12 Actual Gross Scheduled Income 112392.0 Actual Operating Expense 35902 Assumable Finance 0 Buildings 1 Gross Equity 0 Gross Multiplier 13.3 Have N/A Leased Apartments 5 Mandatory Remarks None Known Monthly Rent Total 9366 Motive Want NK Projected Cap Rate 5.42 Projected Net Income 81098 Short Sale No Unit Number1 1 Unit Number2 1 Unit Number3 1 Unit Number4 1 Unit Number5 1 Unit Rent Total1 1998 Unit Rent Total2 1783 Unit Rent Total3 1780 Unit Rent Total4 1850 Unit Rent Total5 1955 Unit Rent1 1998 Unit Rent2 1783 Unit Rent3 1780 Unit Rent4 1850 Unit Rent5 1955

San Diego MLS logo Listing provided courtesy of Eric Northbrook of Voit Real Estate Services: 858-775-6080. Listing information © 2023 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 © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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Maxine & Marti Gellens | Berkshire Hathaway HomeServices California Properties
7910 Girard Ave Ste 9
La Jolla CA, 92037