NOT LISTED FOR SALE

45222 King St Indio, CA 92201

Estimated Value: $645,000 - $794,000

7 Beds
7 Baths
1,832 Sq Ft
$389/Sq Ft Est. Value

Last Sold July 13, 2022

Last sale price $700,000 $382 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,698/month

42 Days on Market

Highlights

  • Property is near public transit
  • Laundry Room
  • 1-Story Property
  • Living Room
  • Studio bedroom
  • Forced Air Heating and Cooling System

About This Home

As of July 2022

Investors! 6 UNITS apartment building in Indio! Studio(2), One Bedroom (1) and Two bedrooms (3) . All units have tenants from many years to 2 months- ALL TENANTS ARE MONTH TO MONTH. PLEASE do NOT bother tenants.Pre- inspection and termite report paid by seller are available to ALL offers ONLY.

Last Agent to Sell the Property

Blaine Cotton

Coldwell Banker Realty License #02098800 Listed on: 06/01/2022

Last Buyer's Agent

Alexandra Trejo

Tarbell REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1934

Lot Details

  • 7,405

Parking

  • On-Street Parking

Interior Spaces

  • 1,832 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Room

Kitchen

  • Gas Oven
  • Gas Cooktop

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Studio bedroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Property is located within a water district
  • Water Heater

Additional Features

  • 7,405 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for air cond/heat main, gas, electricity, cable TV
  • The owner pays for gardener, water, trash collection
  • Assessor Parcel Number 611164010

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Trash Expense $100
  • Gross Income $3,375

Property Details

Home Type

Multi-Family

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Attached/Detached: Yes
  • Levels: One
  • Included In Sale: Tenants.Appliances: Refrigerators, stoves
  • List Price per Sq Ft: 382.10
  • Lp Sp Ratio: 1.0000
  • Water District Name: Indio
  • Year Built: 1934
  • Internal Listing I D: 20220618221819593777000000
  • Listing I D: 219080665
  • Listing Member Address: 840 Newport Center Dr #100, Newport Beach, CA 92660
  • Listing Office Address: 840 Newport Center Dr #100, Newport Beach, CA 92660
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Not Applicable
  • Unit Information Number Of Units Leased: 6
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Gas Oven, Gas Cooktop
  • Flooring: Carpet, Linoleum
  • Total Bedrooms: 7
  • Total Bathrooms: 7.00
  • Full Bathrooms: 3
  • Three Quarter Bathrooms: 4
  • Laundry Equipment: Hook-Ups
  • Laundry: Laundry Area
  • Estimated Sq Ft: 1832.00

Exterior Features

  • Paved: Yes

Garage/Parking

  • Parking: On Street

Utilities

  • Number Electric Meters: 6
  • Number Water Meters: 1
  • Cooling Type: Air Conditioning, Electric, Central Air, Ceiling Fan(s)
  • Heating: Central, Hot Water, Forced Air
  • Heating Fuel: Electric
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Number Gas Meter: 6
  • Water Heater: Yes
  • Laundry Type: Yes

Lot Info

  • Assessor Parcel Number: 611164010
  • Lot Location: Near Public Transit
  • Lot Size: 7405.00

Rental Info

  • Owner Pays: Gardener, Water, Trash Collection
  • Tenant Pays: Air Cond/Heat Main, Gas, Electricity, Cable TV
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Jul 8, 2022
Sold by
Acosta Julia A
Bought by
Acosta Juan M
Seller's Agent
Blaine Cotton
Coldwell Banker Realty
Buyer's Agent
Alexandra Trejo
Tarbell REALTORS
List Price
$700,000
Sold Price
$700,000
Current Estimated Value
$711,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,951
Avg. Annual Appreciation
0.48%
Original Mortgage
$615,000
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 1, 2022
Closed on
Jul 1, 2022
Sold by
Alicia Aragon Sanchez Trust
Bought by
Acosta Juan M
Seller's Agent
Blaine Cotton
Coldwell Banker Realty
Buyer's Agent
Alexandra Trejo
Tarbell REALTORS
List Price
$700,000
Sold Price
$700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2016
Sold by
Sanchez Alicia Aragon
Bought by
The Alicia Aragon Sanchez Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Acosta Juan M -- Equity Title
Acosta Juan M $700,000 Equity Title
The Alicia Aragon Sanchez Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Acosta Juan M $615,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2022 07/13/22 Sold $700,000 0.0% $382 / Sq Ft
06/01/2022 06/01/22 For Sale $700,000 -- $382 / Sq Ft
Source: California Desert Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

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
2025 $11,702 $728,278 $182,071 $546,207
2023 $11,702 $700,000 $175,001 $524,999
2022 $3,365 $66,510 $13,280 $53,230
2021 $3,078 $65,207 $13,020 $52,187
2020 $3,190 $64,539 $12,887 $51,652
2019 $3,058 $63,275 $12,635 $50,640
2018 $2,905 $62,036 $12,389 $49,647
2017 $2,887 $60,821 $12,147 $48,674
2016 $2,939 $59,629 $11,909 $47,720
2015 $2,836 $58,735 $11,731 $47,004
2014 $2,806 $57,586 $11,502 $46,084
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Blaine Cotton

    Coldwell Banker Realty

  • A

    Buyer's Agent in 2022

    Alexandra Trejo

    Tarbell REALTORS

  • Alexandra Foux

    Buyer's Agent in 2022

    Alexandra Foux

    Coldwell Banker Realty

    (760) 673-9344

    3 in this area

    15 Total Sales

    Alexandra Foux
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219080665

California Desert Association of REALTORS®

APN: 611-164-010

California Riverside County Indio 92201

45222 King St, Indio, CA

Not Listed for Sale

MultiFamily

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