NOT LISTED FOR SALE
5 Beds
5.5 Baths
-- Sq Ft
9,095 Sq Ft Lot

Last Sold April 18, 2014

Last sale price $482,500

36 Days on Market

Highlights

  • Desert View
  • Palm Desert High School Rated A
  • Central Heating and Cooling System

About This Home

As of April 2014

This 5 plex is located in downtown Palm Desert 1 block south of El Paseo. Each unit is a 1 bed 1 bath. The square footage is approximately the same as the rent about a dollar per foot.

Last Agent to Sell the Property

Shaun Howe

License #01332439 Listed on: 02/24/2014

Last Buyer's Agent

Jeannie Niles

Jeannie Niles Real Estate License #00594402

Property Details

Home Type

  • Multi-Family

Lot Details

  • 9,095

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • Brick Fireplace
  • Living Room with Fireplace
  • Desert Views

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Heater
  • Cable TV Available

Additional Features

  • 9,095 Sq Ft Lot
  • Ground Level

Listing and Financial Details

  • Tenant pays for cable TV, electricity, water, gas
  • The owner pays for electricity, water, gardener
  • Assessor Parcel Number 625132021

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • 7 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Trash Expense $1,180
  • Gross Income $45,600
  • Net Operating Income $29,721

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Ground Level, No Unit Above
  • Price Per Unit: 95000.00
  • Entry Location: Ground Level - No Steps
  • Lp Sp Ratio: 1.0158
  • View Type: Desert
  • Internal Listing I D: 20190608184620973774000000
  • Listing I D: 214007565
  • Listing Office Address: 74130 Country Club Dr. Ste#202, Palm Desert, CA 92260
  • Listing Office Fax: (760) 340-0562
  • List Office Board Code: California Desert Association of Realtors
  • Selling Member Address: P.O. Box 317, Palm Desert, CA 92261
  • Selling Office Address: P.O. Box 317, Palm Desert, CA 92261
  • Selling Office Fax: (760) 340-9069
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Unit Information Number Of Units Leased: 5
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Brick
  • Total Bedrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Full Bathrooms: 5
  • Laundry Equipment: Own

Exterior Features

  • Construction: Brick, Stucco
  • Roofing: Composition, Shingle
  • Foundation: Slab
  • View: Yes

Utilities

  • TV Svcs: Cable TV
  • Number Electric Meters: 7
  • Number Water Meters: 1
  • Cooling Type: Central Air
  • Heating: Central
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Number Gas Meter: 5
  • Water Heater: Yes

Lot Info

  • Assessor Parcel Number: 625132021
  • Lot Size: 9095.00

Rental Info

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

Tax Info

  • Tax Year: 2

Multi Family

  • Total Units: 5

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
04/18/2014 04/18/14 Sold $482,500 +1.6% --
04/01/2014 04/01/14 Pending -- -- --
02/24/2014 02/24/14 For Sale $475,000 -- --
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: 214007565

California Desert Association of REALTORS®

APN: 625-132-021