A
Seller's Agent in 2016
Alex Garcia
MARCUS & MILLICHAP
32531 Date Palm Dr Cathedral City, CA 92234
22
Beds
20
Baths
10,716
Sq Ft
0.83
Acres
About This Home
As of June 201610-unit apartment community located at 32531 Date Palm Drive in Cathedral City, CA. The property was constructed in 2004 and features spacious two- and three-bedroom floorplans, each with its own detached single-car garage. This is a pride of ownership property that is turnkey for a new owner. This property can be purchased individually or together with another turnkey 10-unit apartment community located at 33015 Date Palm Drive. The unit mix consists of eight 2 Bedroom/2.5 Bath units and two 3 Bedroom/2 Bath units. Six of the units are two-story townhouse style units. The other four units are single-story. Each unit is directly metered for gas and electricity. Interior amenities include a full-size washer and dryer in each unit, central air conditioning and heating, gas fireplace, and kitchen equipped with refrigerator, range, dishwasher, and built-in microwave. Community amenities include gated access, swimming pool, spa, and attractive landscaping. The landscaping at the property was recently made more drought tolerant by replacing certain sections of grass with drought tolerant plants. The property remarkably has a very low annual turnover.
Last Agent to Sell the Property
Alex Garcia
MARCUS & MILLICHAP License #01072982 Listed on: 03/22/2016
Last Buyer's Agent
Alex Garcia
MARCUS & MILLICHAP License #01072982 Listed on: 03/22/2016
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2004
Lot Details
- 0.83 Acre Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Parking
- 10 Car Garage
Home Design
- 10,716 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 22 Bedrooms
- 20 Bathrooms
Additional Features
- Private Pool
- Suburban Location
- Sewer Assessments
Listing and Financial Details
- Tax Lot 680
- Tax Tract Number 331
- Assessor Parcel Number 680331022
Community Details
Overview
- 4 Buildings
- 10 Units
Recreation
- Community Pool
Building Details
- 10 Separate Electric Meters
- 10 Separate Gas Meters
- 10 Separate Water Meters
- Gardener Expense $3,000
- Insurance Expense $2,500
- Maintenance Expense $5,000
- Pest Control $3,000
- Pool Expense $5,000
- Trash Expense $6,722
- Water Sewer Expense $6,723
- New Taxes Expense $23,537
- Gross Income $11,112
- Net Operating Income $76,329
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/30/2016 06/30/16 | Sold | $1,645,000 | -3.2% | $154 / Sq Ft | |
| 04/18/2016 04/18/16 | Pending | -- | -- | -- | |
| 03/22/2016 03/22/16 | For Sale | $1,700,000 | +40.5% | $159 / Sq Ft | |
| 11/23/2012 11/23/12 | Sold | $1,210,000 | -13.6% | $110 / Sq Ft | View Prior Sale |
| 09/13/2012 09/13/12 | Pending | -- | -- | -- | |
| 08/07/2012 08/07/12 | For Sale | $1,400,000 | -- | $127 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
-
E
Seller's Agent in 2012
Earl Taylor
Real Brokerage Technologies, Inc
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV16060798
APN: 680-331-022
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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