NOT LISTED FOR SALE
26 Beds
26 Baths
17,280 Sq Ft
0.64 Acres

Last Sold November 14, 2014

Last sale price $1,925,000 $111 Per Sq Ft

224 Days on Market

Highlights

  • In Ground Pool
  • 27,878 Sq Ft lot
  • Views
  • Senior Community
  • Property is near public transit
  • 3-minute walk to Palma Village Park

About This Home

As of November 2014

New IMPROVED PRICE! Excellent investment opportunity in the heart of sunny Palm Desert, CA! High quality single-story construction in a fantastic location directly across from the Joslyn Senior Center. Property size, amenities offered, meticulous maintenance and pride of ownership combine to make this a first rate senior apartment community with extremely low historical vacancy rates. Seven buildings with FIFTEEN 1BR/1BA units, FIVE 2BR/2BA units (three with additional sun rooms) and ONE studio unit, for a total of 21 rentable units. All units offer ensuite washer/dryers as well as stoves, dishwashers & refrigerators. Suites have been updated with new paint, carpet & tiles, as needed. Property amenties include sparkling pool/spa, 16 carports, and 4 private parking spaces. Premiere location, close to all the best shopping, dining, services, medical, & entertainment options the desert offers.

Last Agent to Sell the Property

Mark Beckloff

Bennion Deville Homes License #01805986 Listed on: 04/04/2014

Last Buyer's Agent

Peter Zarenejad

Keller Williams Realty License #01131571

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1990

Lot Details

  • 0.64 Acre Lot
  • Landscaped
  • Rectangular Lot
  • Level Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Tile Roof
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 17,280 Sq Ft Home
  • 1-Story Property
  • Property Views

Bedrooms and Bathrooms

  • 26 Bedrooms
  • 26 Full Bathrooms

Pool

  • In Ground Pool
  • In Ground Spa
  • Fence Around Pool
  • Spa Fenced

Location

  • Property is near public transit

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • The owner pays for gardener, pool service
  • Assessor Parcel Number 627113013

Community Details

Overview

  • Senior Community
  • 7 Buildings
  • 21 Units

Recreation

  • Community Pool
  • Community Spa

Building Details

  • 21 Separate Electric Meters
  • 21 Separate Gas Meters
  • 21 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Ground Level, No Unit Above, One
  • Price Per Unit: 104761.00
  • List Price per Sq Ft: 127.31
  • Lp Sp Ratio: 0.8750
  • Year Built: 1990
  • Internal Listing I D: 20190608184624489425000000
  • Listing I D: 214012347
  • Listing Member Address: 74-910 Highway 111, Indian Wells, CA 92210
  • Listing Office Address: 74-910 Highway 111, Indian Wells Main Office, Indian Wells, CA 92210
  • Listing Office Fax: (760) 773-3959
  • List Office Board Code: California Desert Association of Realtors
  • Selling Member Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Selling Member Fax: (760) 321-2302
  • Selling Office Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Selling Office Fax: (760) 770-9510
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 26
  • Total Bathrooms: 26.00
  • Full Bathrooms: 26
  • Estimated Sq Ft: 17280.00

Exterior Features

  • Construction: Stucco
  • Roofing: Composition, Shingle, Tile
  • Foundation: Slab
  • Pool: Yes
  • Pool Accessories: Safety Fence
  • Pool Construction: In Ground
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community, Fenced
  • View: Yes

Utilities

  • TV Svcs: Cable TV
  • Number Electric Meters: 21
  • Number Water Meters: 21
  • Cooling Type: Central Air
  • Sewer: In, Connected and Paid
  • Number Gas Meter: 21

Condo/Co-op/Association

  • Senior Community: Yes

Lot Info

  • Assessor Parcel Number: 627113013
  • Lot Description: Landscaped, Rectangular Lot, Level
  • Lot Location: Near Public Transit
  • Lot Size: 27878.00

Rental Info

  • Owner Pays: Gardener, Pool Service
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Units: 21

Range of Values:

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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 Change Sq Ft Price
11/14/2014 11/14/14 Sold $1,925,000 -22.8% $111 / Sq Ft
11/14/2014 11/14/14 Pending -- -- --
04/04/2014 04/04/14 For Sale $2,495,000 -- $144 / Sq Ft
Source: California Desert Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 214012347

California Desert Association of REALTORS®

APN: 627-113-013