NOT LISTED FOR SALE
8 Beds
8 Baths
5,182 Sq Ft
0.44 Acre Lot

Sale Details

Date Sold: June 21, 2021

Last sale price $1,360,000 $262 Per Sq Ft

47 Days on Market

Highlights

  • In Ground Pool
  • View of Trees or Woods
  • Tile Flooring
  • Gated Community
  • Side by Side Parking
  • 1-Story Property

About This Home

As of June 2021

New Apartment Listing! An excellent investment in the heart of Palm Springs! This gorgeous, beautifully landscaped, 7 unit, apartment complex consists of 6 -1 bedroom, 1 bathroom units, and 1 -2 bedroom 2 bathrooms.It's fully rented, and rarely, if ever, has a vacancy. Each unit has its own private fenced front yard. There is a pool and large picnic area /courtyard with lots of greenery.For all property questions (condition, tenancy, and history) call Kitty(Property Manager): 760-218-0922, for questions regarding the sale call Leonard: 760-578-8480.

Last Agent to Sell the Property

Leonard Bustos

Moving Results Realty License #00865572 Listed on: 02/03/2021

Last Buyer's Agent

Unknown Member

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 0.44

Property Views

  • Woods
  • Mountain

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 5,182 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Parking

  • 12 Carport Spaces
  • 24 Car Parking Spaces
  • 12 Parking Garage Spaces
  • Side by Side Parking
  • Shared Driveway
  • Unassigned Parking

Pool

  • In Ground Pool
  • Fence Around Pool

Schools

  • Cielo Vista Elementary School
  • Palm Springs High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Additional Features

  • 19,166 Sq Ft Lot
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 502252008

Community Details

Overview

  • 2 Buildings
  • 7 Units
  • Sunrise Park Subdivision

Recreation

  • Community Pool

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 7 Separate Water Meters

Additional Features

  • Laundry Facilities
  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0.44 Acres

Listing Details

  • Property Type: Residential Income
  • Property Attached/Detached: Yes
  • Levels: Ground, One, Ground Level, No Unit Above
  • List Price per Sq Ft: 268.24
  • Lp Sp Ratio: 0.9800
  • View Type: Mountain(s), Trees/Woods
  • Year Built: 1972
  • Internal Listing I D: 20210206042303571149000000
  • Listing I D: 219056922
  • Listing Member Address: 67690 Ramon Rd, Cathedral City, CA 92234
  • Listing Office Address: 67690 Ramon Rd, Cathedral City, CA 92234
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 13331 Moorpark St., #127, Sherman Oaks, CA 91423
  • Land Type: Fee
  • Subdivision: Sunrise Park
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile
  • Total Bedrooms: 8
  • Total Bathrooms: 8.00
  • Full Bathrooms: 8
  • Laundry: Community
  • Estimated Sq Ft: 5182.00

Exterior Features

  • Construction: Combination, Stucco
  • Roofing: Tile
  • Foundation: Slab
  • Pool: Yes
  • Pool Accessories: Safety Fence
  • Pool Construction: In Ground
  • Pool Description: Community, In Ground
  • Pool Location: Community
  • View: Yes

Garage/Parking

  • Parking: Driveway, Unassigned, Shared Driveway, Side By Side
  • Parking Info Total Carport Spaces: 12.00
  • Parking Info Total Parking Spaces: 24.00
  • Total Uncovered Assigned Spaces: 12.00

Utilities

  • Number Electric Meters: 7
  • Number Water Meters: 7
  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central, Heat Pump
  • Heating Fuel: Electric
  • Security: Gated Community
  • Sewer: In, Connected and Paid
  • Number Gas Meter: 7

Lot Info

  • Assessor Parcel Number: 502252008
  • Lot Description: Gated with Guard
  • Lot Size: 19166.00

Rental Info

  • Land Lease Type: Fee Simple

Multi Family

  • Rent Control: Yes
  • Total Units: 7

Tax Info

  • Mello Roos: Unknown

MLS Schools

  • Elementary School: Cielo Vista
  • High School: Palm Springs
  • School District: Palm Springs Unified

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 7, 2013
Closed on
Apr 3, 2013
Sold by
Bought by
Seller's Agent
Jack Cretney
Jack Cretney & Associates
Buyer's Agent
Jack Cretney
Jack Cretney & Associates
List Price
$690,000
Sold Price
$560,000
Premium/Discount to List
-$130,000
-18.84%

Purchase Details

Closed on
Jan 13, 2005
Sold by
Bought by

Purchase Details

Closed on
May 30, 2001
Sold by
Bought by

Purchase Details

Closed on
Jan 4, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.87%
Mortgage Type
Commercial
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,350,000 Western Resources Title Co
$560,000 First American Title Company
-- --
$520,000 Old Republic Title Company
$435,000 First American Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $600,000
Previous Owner $150,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/21/2021 06/21/21 Sold $1,360,000 -2.2% $262 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
03/17/2021 03/17/21 For Sale $1,390,000 0.0% $268 / Sq Ft
02/24/2021 02/24/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $1,390,000 +148.2% $268 / Sq Ft
05/31/2013 05/31/13 Sold $560,000 -18.8% $108 / Sq Ft View Prior Sale
03/27/2013 03/27/13 Pending -- -- --
02/07/2013 02/07/13 For Sale $690,000 -- $133 / Sq Ft
Source: California Desert Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $19,082 $1,490,507 $298,101 $1,192,406
2025 $19,556 $1,461,282 $292,256 $1,169,026
2023 $19,556 $1,404,540 $280,908 $1,123,632
2022 $19,907 $1,377,000 $275,400 $1,101,600
2021 $10,343 $637,075 $182,019 $455,056
2020 $9,957 $630,543 $180,153 $450,390
2019 $9,817 $618,180 $176,621 $441,559
2018 $9,656 $615,819 $173,158 $442,661
2017 $9,676 $612,925 $169,763 $443,162
2016 $9,392 $601,276 $166,435 $434,841
2015 $8,946 $592,528 $163,936 $428,592
2014 $8,678 $581,291 $160,726 $420,565
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219056922

California Desert Association of REALTORS®

APN: 502-252-008

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