NOT LISTED FOR SALE

45420 Park St Indio, CA 92201

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

Sale Details

Date 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

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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

7,841 Sq Ft Lot

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

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
Sep 13, 2017
Sold by
46517 Arabia Llc
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
$270,000
Outstanding Balance
$220,474
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 2, 2016
Closed on
Oct 27, 2016
Sold by
Infinity Casa Seis Llc
Bought by
46517 Arabia
Seller's Agent
Gary Anderson
Gary Anderson, R.E. Broker
Buyer's Agent
Latasha O'Keith
Lamarc Realty
List Price
$399,900
Sold Price
$365,000
Premium/Discount to List
-$34,900
-8.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 9, 2015
Closed on
May 27, 2015
Sold by
Rivera Maria Elva
Bought by
Infinity Casa Seis Llc
Seller's Agent
Jesus Martinez
Realty World Coachella Valley
Buyer's Agent
Unknown Member
List Price
$389,000
Sold Price
$340,000
Premium/Discount to List
-$49,000
-12.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.78%

Purchase Details

Closed on
Nov 12, 1998
Sold by
Brown Victor and White Clinton
Bought by
The Meyer Family Revocable Trust

Purchase Details

Closed on
Nov 9, 1998
Sold by
Meyer Roger Dean and Meyer Florie Hope
Bought by
Rivera Maria Elva

Purchase Details

Closed on
Dec 29, 1997
Sold by
Brown Victor
Bought by
Walker Algrada

Purchase Details

Closed on
Jul 25, 1997
Sold by
Meyer Roger Dean and Meyer Florie Hope
Bought by
Brown Victor and White Clinton

Purchase Details

Closed on
Jul 24, 1997
Sold by
Brown Lourdes
Bought by
Brown Victor
Source: Public Records

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
-- Stewart Title Of California
46517 Arabia $370,000 Chicago Title Company
Infinity Casa Seis Llc $340,000 Orange Coast Title
The Meyer Family Revocable Trust $72,975 --
Rivera Maria Elva $78,500 --
Walker Algrada -- --
Brown Victor $64,500 Old Republic Title Company
White Clinton -- Old Republic Title Company
Brown Victor -- Old Republic Title Company
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
Open $270,000
Previous Owner 46517 Arabia $1,000,000
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
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

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 $6,904 $437,995 $87,595 $350,400
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

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Map

Source: California Desert Association of REALTORS®

MLS Number: 216019988

California Desert Association of REALTORS®

APN: 611-182-004

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