Seller's Agent in 2018
Adam Barshay
Barshay Real Estate, Inc.
(310) 937-1501
5 Total Sales
46050 Highway 74 Palm Desert, CA 92260
South Palm Desert Neighborhood
6
Beds
5
Baths
6,106
Sq Ft
0.42
Acres
Highlights
- In Ground Pool
- Desert View
- No HOA
- Palm Desert High School Rated A
- Corner Lot
- Laundry Room
About This Home
As of April 2018We present you the El Paseo Garden Apartments, a 7-Unit, income property located at 46050 Highway 74 in Palm Desert, CA. The subject property is conveniently located near great dining and shopping at El Paseo. Conveniently located close to charter schools and the living desert. The property is within short distance to the 10 Freeway as well.
Built in 1963 and 100% occupied, the property has an excellent unit mix. There are Four 2 bedroom, 2 bath units, Two 1 bedroom, 1 bath units, and One 3 Bedroom, 2 bath home. The property is not subject to rent control.The El Paseo Garden Apartments provide investors with the unique opportunity to capitalize on a current revenue stream with upside potential in current rents, in a strong rental market.
Last Agent to Sell the Property
Barshay Real Estate, Inc. License #01354021 Listed on: 10/13/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963 | Remodeled
Lot Details
- 0.42 Acre Lot
- Desert faces the front of the property
- Two or More Common Walls
- Corner Lot
- Paved or Partially Paved Lot
- Level Lot
- Density is up to 1 Unit/Acre
Home Design
- Property Attached
- Entry on the 1st floor
Interior Spaces
- 6,106 Sq Ft Home
- 1-Story Property
- Desert Views
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Parking
- Parking Available
- Private Parking
- Driveway Level
- Uncovered Parking
- On-Site Parking
- Parking Lot
- Off-Street Parking
- Assigned Parking
Pool
- In Ground Pool
- Fence Around Pool
Additional Features
- Suburban Location
- Forced Air Heating and Cooling System
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 4
- Tax Tract Number 451
- Assessor Parcel Number 628081004
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 7 Units
Amenities
- Laundry Facilities
Recreation
- Community Pool
Building Details
- 7 Leased Units
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- Electric Expense $1,002
- Fuel Expense $540
- Gardener Expense $3,024
- Insurance Expense $3,218
- Maintenance Expense $2,250
- Other Expense $2,967
- Pest Control $480
- Pool Expense $2,006
- Professional Management Expense $4,090
- Trash Expense $988
- Water Sewer Expense $636
- New Taxes Expense $16,229
- Operating Expense $38,080
- Gross Income $360
- Net Operating Income $63,257
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 | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/20/2018 04/20/18 | Sold | $1,312,000 | -2.7% | $215 / Sq Ft |
| 02/06/2018 02/06/18 | Price Changed | $1,349,000 | -6.9% | $221 / Sq Ft |
| 10/13/2017 10/13/17 | For Sale | $1,449,000 | +107.0% | $237 / Sq Ft |
| 02/05/2015 02/05/15 | Sold | $700,000 | -2.6% | $115 / Sq Ft |
| 12/17/2014 12/17/14 | Pending | -- | -- | -- |
| 11/24/2014 11/24/14 | For Sale | $719,000 | -- | $118 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Adam Barshay
-
Iric Fishbein
Buyer's Agent in 2018
Iric Fishbein
eXp Realty of California Inc
(310) 666-7119
24 Total Sales
-
L
Seller's Agent in 2015
Lisa Scheinwald
Palm Springs Town & Country Realty
-
O
Buyer's Agent in 2015
Out Side Agent
Desert Real Estate Consultants, Inc.
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB17234933
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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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