NOT LISTED FOR SALE

45420 Park St Indio, CA 92201

10 Beds
5 Baths
3,500 Sq Ft
7,841 Sq Ft Lot

Last Sold December 21, 2016

Last sale price $365,000 $104 Per Sq Ft

171 Days on Market

About This Home

As of December 2016

This is a great opportunity to own a 5 Unit Apt Building close to Hwy 111, shopping and public transportation for under $400,000. This is an excellent opportunity for an investor needing a 1031 exchange, as the same owner has a total of 13 units for sale on Park St.. Also for sale 45352 Park St.- 4 units and 45304 Park St. - 4 units. Owner has several Duplexes, Fourplexes, 5 & 6 unit apartment building for sale in Cathedral City, Indio and other cities in the Coachella Valley Lots of new development happening right now in this neighborhood, don't miss the opportunity to get in while the prices are low.

Last Agent to Sell the Property

Gary Anderson

Gary Anderson, R.E. Broker License #00873508 Listed on: 07/02/2016

Last Buyer's Agent

Latasha O'Keith

Lamarc Realty License #01726164

Property Details

Home Type

  • Multi-Family

Lot Details

  • 7,841

Parking

  • 6 Car Parking Spaces

Home Design

  • 3,500 Sq Ft Home
  • Ranch Style House
  • Stucco Exterior

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Full Bathrooms

Additional Features

  • 7,841 Sq Ft Lot
  • Ground Level
  • Property is located within a water district
  • Property Views

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 611182004

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $43,800

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Ground, One, Ground Level, No Unit Above
  • Price Per Unit: 75980.00
  • Builders Tract Code: NA311
  • Building Style: Ranch
  • List Price per Sq Ft: 108.54
  • Lp Sp Ratio: 0.9608
  • Internal Listing I D: 20190608184731535212000000
  • Listing I D: 216019988
  • Listing Member Address: 16400 Bubbling Wells Rd, #128, Desert Hot Springs, CA 92240
  • Listing Office Address: 16400 Bubbling Wells Rd, #128, Desert Hot Springs, CA 92240
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 20700 Avalon Blvd Ste 620A, Carson, CA 90746-3701
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 10
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Estimated Sq Ft: 3500.00

Exterior Features

  • Construction: Stucco
  • View: Yes

Garage/Parking

  • Parking Info Total Parking Spaces: 6.00

Utilities

  • Number Electric Meters: 5
  • Number Water Meters: 1
  • Sewer: Unknown
  • Water: Water District
  • Number Gas Meter: 5

Lot Info

  • Assessor Parcel Number: 611182004
  • Lot Size: 7841.00

Rental Info

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

Multi Family

  • Total Units: 5

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/21/2016 12/21/16 Sold $365,000 -8.7% $104 / Sq Ft
12/20/2016 12/20/16 Pending -- -- --
07/02/2016 07/02/16 For Sale $399,900 +17.6% $114 / Sq Ft
06/17/2015 06/17/15 Sold $340,000 -12.6% $97 / Sq Ft View Prior Sale
06/15/2015 06/15/15 Pending -- -- --
03/09/2015 03/09/15 For Sale $389,000 -- $111 / 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 $6,738 $429,408 $85,878 $343,530
2023 $6,738 $412,737 $82,545 $330,192
2022 $6,855 $404,645 $80,927 $323,718
2021 $6,215 $396,712 $79,341 $317,371
2020 $6,430 $392,645 $78,528 $314,117
2019 $6,268 $384,947 $76,989 $307,958
2018 $6,176 $377,400 $75,480 $301,920
2017 $6,079 $370,000 $74,000 $296,000
2016 $5,754 $345,184 $50,762 $294,422
2015 $2,936 $137,990 $31,294 $106,696
2014 -- $135,289 $30,682 $104,607
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2016

    Gary Anderson

    Gary Anderson, R.E. Broker

  • L

    Buyer's Agent in 2016

    Latasha O'Keith

    Lamarc Realty

    Section Image

  • J

    Seller's Agent in 2015

    Jesus Martinez

    Realty World Coachella Valley

  • U

    Buyer's Agent in 2015

    Unknown Member

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Map

Source: California Desert Association of REALTORS®

MLS Number: 216019988

California Desert Association of REALTORS®

APN: 611-182-004

California Riverside County Indio 92201

45420 Park St, Indio, CA

Not Listed for Sale

MultiFamily

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