Seller's Agent in 2021
Kristopher German
RE/MAX
(909) 645-0443
125 Total Sales
476 E Chuckwalla Rd Palm Springs, CA 92262
El Mirador Neighborhood
4
Beds
6
Baths
3,605
Sq Ft
10,890
Sq Ft Lot
Highlights
- Golf Course Community
- All Bedrooms Downstairs
- No HOA
- Palm Springs High School Rated A-
- Private Yard
- Laundry Room
About This Home
As of March 2021We are pleased to present 476 E. Chuckwalla Road in the highly sought after city of Palm Springs. The property offers a unique unit mix ranging from (1) 2 Bedroom, (2) 1 Bedroom, and (3) Studio Units. The lot contains a desirable single-story constructed building with an elegant courtyard common area with xeriscape landscaping. Each unit also offers a private backyard for the tenants as well as plenty of onsite parking in the front of the lot. Tenants enjoy a coin-operated onsite laundry facility as well as central heating and A/C. Units have been upgraded with newer flooring, kitchens, and bathrooms. The demand for rentals in Palm Springs has outpaced supply over the years and this contributes to a growing rental market and rental rate. An investor will enjoy a solid current cash flow upon the successful close of escrow and opportunity for significant upside.
Last Agent to Sell the Property
RE/MAX 2000 REALTY License #01800021 Listed on: 12/30/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1959
Lot Details
- 10,890 Sq Ft Lot
- Two or More Common Walls
- No Landscaping
- Private Yard
- Density is 6-10 Units/Acre
Home Design
- 3,605 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 4 Bedrooms
- All Bedrooms Down
- 6 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Additional Features
- Exterior Lighting
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for electricity
- Tax Lot 37
- Tax Tract Number 37
- Assessor Parcel Number 507023012
Community Details
Overview
- No Home Owners Association
- 6 Units
- Central Palm Springs Subdivision
Amenities
- Laundry Facilities
Recreation
- Golf Course Community
Building Details
- 6 Leased Units
- Rent Control
- 7 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,200
- Insurance Expense $1,622
- Maintenance Expense $3,000
- Other Expense $900
- Trash Expense $1,728
- Water Sewer Expense $1,400
- New Taxes Expense $11,940
- Operating Expense $21,742
- Gross Income $73,890
- Net Operating Income $50,018
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/16/2021 03/16/21 | Sold | $995,000 | 0.0% | $276 / Sq Ft | |
| 12/30/2020 12/30/20 | For Sale | $995,000 | +16.5% | $276 / Sq Ft | |
| 07/21/2020 07/21/20 | Sold | $854,000 | -5.1% | $237 / Sq Ft | View Prior Sale |
| 05/26/2020 05/26/20 | Pending | -- | -- | -- | |
| 05/01/2020 05/01/20 | For Sale | $899,500 | +68.1% | $250 / Sq Ft | |
| 01/13/2017 01/13/17 | Sold | $535,000 | 0.0% | -- | View Prior Sale |
| 12/08/2016 12/08/16 | Pending | -- | -- | -- | |
| 10/02/2016 10/02/16 | For Sale | $535,000 | +24.7% | -- | |
| 02/01/2016 02/01/16 | Sold | $429,000 | -10.6% | $125 / Sq Ft | View Prior Sale |
| 01/26/2016 01/26/16 | Pending | -- | -- | -- | |
| 12/09/2015 12/09/15 | For Sale | $479,900 | -- | $140 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $14,572 | $1,077,018 | $194,837 | $882,181 |
| 2023 | $14,572 | $1,035,198 | $187,272 | $847,926 |
| 2022 | $14,839 | $1,014,900 | $183,600 | $831,300 |
| 2021 | $12,748 | $854,000 | $170,000 | $684,000 |
| 2020 | $9,073 | $590,633 | $113,548 | $477,085 |
| 2019 | $8,942 | $579,053 | $111,322 | $467,731 |
| 2018 | $8,802 | $567,700 | $109,140 | $458,560 |
| 2017 | $7,204 | $437,580 | $86,700 | $350,880 |
| 2016 | $6,175 | $361,375 | $64,918 | $296,457 |
| 2015 | $5,861 | $355,949 | $63,944 | $292,005 |
| 2014 | $5,658 | $348,979 | $62,693 | $286,286 |
Source: Public Records
Agents Affiliated with this Home
-
Kristopher German
-
Al Rodriguez
A
Buyer's Agent in 2021
Al Rodriguez
Coldwell Banker Realty
(415) 420-4670
2 in this area
16 Total Sales
-
John Xepoleas
J
Seller's Agent in 2020
John Xepoleas
Xepco Properties
(760) 345-8888
23 Total Sales
-
R
Seller's Agent in 2017
Renee Aguilar
Premier Southland Properties
-
B
Seller's Agent in 2016
Brad Schmett Real Estate Group
Keller Williams Luxury Homes
-
T
Seller Co-Listing Agent in 2016
Team Dearden
Keller Williams Luxury Homes
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV20263454
APN: 507-023-012
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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