NOT LISTED FOR SALE
16 Beds
16 Baths
7,200 Sq Ft
0.43 Acres

Last Sold April 30, 2014

Last sale price $850,000 $118 Per Sq Ft

80 Days on Market

Highlights

  • In Ground Pool
  • Palm Desert High School Rated A
  • 18,731 Sq Ft lot

About This Home

As of April 2014

Excellent Rental area, walk to College of the Desert, Civic Center, El Paseo, business, shopping and restaurants. Vacant units currently being upgraded. Refrigerator, Washer & Dryer Combo in each of the 2 Bedroom 2 Bath units. Pool and Carports.

Last Agent to Sell the Property

Lori Webb Carroll

RE/MAX Consultants License #00427829 Listed on: 01/11/2014

Last Buyer's Agent

JoAnne M Gilliam

HK Lane Real Estate License #01469441

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,003

Year Built

  • Built in 1990

Lot Details

  • 0.43

Interior Spaces

  • 7,200 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 16 Full Bathrooms

Parking

  • 8 Carport Spaces
  • 16 Car Parking Spaces

Additional Features

  • In Ground Pool
  • 0.43 Acre Lot

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for gardener, pool service, water
  • Assessor Parcel Number 627111018

Community Details

Overview

  • 2 Buildings
  • 8 Units

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,700
  • Trash Expense $1,180
  • Operating Expense $30,826
  • Net Operating Income $49,804

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,003

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Price Per Unit: 115625.00
  • Included In Sale: 8 Refrigerators, 8 Stoves, 8 Washer/Dryer Combo units.
  • List Price per Sq Ft: 128.47
  • Lp Sp Ratio: 0.9189
  • Year Built: 1990
  • Internal Listing I D: 20190608184619233009000000
  • Listing I D: 214001959
  • Listing Office Address: 44200 Town Center Way, Palm Desert, CA 92260
  • List Office Board Code: California Desert Association of Realtors
  • Selling Member Address: 677 Arrowhead Drive, Palm Desert, CA 92211
  • Selling Member Fax: (866) 308-7057
  • Selling Office Address: 677 Arrowhead Drive, Palm Desert, CA 92211
  • Selling Office Fax: (760) 834-7575
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 16
  • Total Bathrooms: 16.00
  • Full Bathrooms: 16
  • Estimated Sq Ft: 7200.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground

Garage/Parking

  • Parking Info Total Carport Spaces: 8.00
  • Parking Info Total Parking Spaces: 16.00

Utilities

  • Number Electric Meters: 8
  • Number Water Meters: 1
  • Number Gas Meter: 8

Lot Info

  • Assessor Parcel Number: 627111018
  • Lot Size: 18731.00

Rental Info

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

Tax Info

  • Mello Roos: Unknown
  • Annual Tax: 14003.00

Multi Family

  • Total Units: 8

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
04/30/2014 04/30/14 Sold $850,000 -8.1% $118 / Sq Ft
04/01/2014 04/01/14 Pending -- -- --
01/11/2014 01/11/14 For Sale $925,000 -- $128 / Sq Ft
Source: California Desert Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 214001959

California Desert Association of REALTORS®

APN: 627-111-018