NOT LISTED FOR SALE

1830 E Racquet Club Rd Palm Springs, CA 92262

Desert Park Estates Neighborhood
9 Beds
9 Baths
-- Sq Ft
0.41 Acres

Last Sold January 11, 2019

Last sale price $975,000

76 Days on Market

Highlights

  • Heated In Ground Pool
  • Gated Community
  • Double Pane Windows
  • Palm Springs High School Rated A-
  • Midcentury Modern Architecture
  • Views

About This Home

As of January 2019

Please do not disturb the tenants! This one-of-a-kind 9 unit apartment complex (3 studios, 3 juniors and 3 1 bedrooms) in Palm Springs which has been recently updated. Everything from new kitchen countertops, cabinets, and appliances to new bathroom vanities and toilets to a new roof and double-pane sliders! These are ground level units, all of which face the pool (re-plastered and tiled in April), while each back patio space is completely enclosed and private. Too good to pass up! This is positive cash flow investment property!

Last Agent to Sell the Property

Jennifer Christenot

Keller Williams Realty License #01974700 Listed on: 09/29/2018

Last Buyer's Agent

Michael Barber

Coldwell Banker Coastal Alliance

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 0.41 Acre Lot
  • Home has sun exposure from multiple directions
  • Paved or Partially Paved Lot

Parking

  • 12 Car Parking Spaces

Home Design

  • Midcentury Modern Architecture
  • Traditional Architecture
  • Slab Foundation
  • Foam Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Property Views

Bedrooms and Bathrooms

  • 9 Bedrooms

Pool

  • Heated In Ground Pool
  • Fence Around Pool
  • Pool Tile

Location

  • Ground Level

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • The owner pays for gardener, water, pool service, gas
  • Assessor Parcel Number 501222016

Community Details

Overview

  • 9 Units
  • Desert Park Estates Subdivision

Amenities

  • Laundry Facilities
  • Community Mailbox

Recreation

  • Community Pool

Building Details

  • 9 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $2,718
  • Trash Expense $2,316
  • Operating Expense $35,676
  • Gross Income $88,835
  • Net Operating Income $53,159

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Orientation Faces: Front Door Faces East, Front Door Faces West, Front Door Faces South
  • Levels: One
  • Price Per Unit: 116666.00
  • Builders Tract Code: NA331
  • Building Style: Mid Century, Traditional
  • Entry Location: Ground Level - No Steps
  • Included In Sale: appliances
  • Lp Sp Ratio: 0.9286
  • Year Built: 1962
  • Internal Listing I D: 20190608184818253243000000
  • Listing I D: 218026946
  • Listing Office Address: 47100 Washington St. Ste 101, La Quinta, CA 92253
  • Listing Office Fax: (760) 771-3063
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 244 Redondo Ave., Long Beach, CA 90803
  • Street Direction: E
  • Land Type: Fee
  • Subdivision: Desert Park Estates
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Of Disposals: 9
  • Number of Ranges: 9
  • Total Bedrooms: 9
  • Total Bathrooms: 9.00
  • Full Bathrooms: 5
  • Three Quarter Bathrooms: 4
  • Laundry Equipment: Own
  • Laundry: Community
  • Windows Treatments: Double Pane Windows

Exterior Features

  • Construction: Stucco
  • Roofing: Foam
  • Foundation: Slab
  • Pool: Yes
  • Pool Accessories: Safety Fence, Safety Gate
  • Pool Construction: In Ground, Tile
  • Pool Description: Not Heated
  • Pool Location: Community
  • View: Yes
  • Numberof Patios: 9
  • Paved: Yes

Garage/Parking

  • Parking Info Total Parking Spaces: 12.00

Utilities

  • Number Electric Meters: 9
  • Number Water Meters: 1
  • Cooling Type: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas
  • Number Gas Meter: 1
  • Water Heater: Yes
  • Laundry Type: Yes

Association/Amenities

  • Community Features: Community Mailbox
  • Gated Community: Yes

Condo/Co-op/Association

  • Unit Location: Ground Floor

Lot Info

  • Assessor Parcel Number: 501222016
  • Lot Description: Street Paved, Street Public
  • Lot Size: 18000.00

Rental Info

  • Owner Pays: Gardener, Water, Pool Service, Gas
  • Tenant Pays: Cable TV, Electricity
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Number Of Refrigerators: 9
  • Total Units: 9

MLS Schools

  • School District: Palm Springs Unified

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2019 01/11/19 Sold $975,000 -7.1% --
12/14/2018 12/14/18 Pending -- -- --
09/29/2018 09/29/18 For Sale $1,050,000 -- --
Source: California Desert Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jennifer Christenot

    Keller Williams Realty

  • M

    Buyer's Agent in 2019

    Michael Barber

    Coldwell Banker Coastal Alliance

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 218026946

California Desert Association of REALTORS®

APN: 501-222-016

California Riverside County Palm Springs 92262 Desert Park Estates

1830 E Racquet Club Rd, Palm Springs, CA

This home is located at 1830 E Racquet Club Rd, Palm Springs, CA 92262 since 29 September 2018. This property was built in 1962. 1830 E Racquet Club Rd is a home located in Riverside County with nearby schools including Vista Del Monte Elementary School, Raymond Cree Middle School, and Palm Springs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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