NOT LISTED FOR SALE

82259 Valencia Ave Indio, CA 92201

12 Beds
12 Baths
6,374 Sq Ft
8,712 Sq Ft Lot

Last Sold November 17, 2021

Last sale price $1,175,000 $184 Per Sq Ft

65 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Contemporary Architecture
  • Double Pane Windows
  • Laundry Room

About This Home

As of November 2021

Motivated Seller just reduced the price.
We are proud to present an upgraded 12 unit building consisting of 12 One Bedroom Units, includes existing ample parking for 12 cars, Each unit has its own separate electric water heater, gas and electric meter (IID). 1 Unit will remain for the new Buyer's use if needed.
Listing Agent related to the Seller.
Buyer to verify ALL MLS Information, including but not limited to permits and use, bed/bath counts. Buyer is advised to independently investigate all aspects of the property, verify the accuracy of all information provided through personal inspection and with appropriate professionals to Buyers
satisfaction.

Last Agent to Sell the Property

Gladys Lamping

Seaside Homes Inc. License #00970944 Listed on: 05/19/2021

Last Buyer's Agent

Gladys Lamping

Seaside Homes Inc. License #00970944 Listed on: 05/19/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 8,712 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Landscaped
  • Garden
  • Density is 11-15 Units/Acre

Home Design

  • Contemporary Architecture
  • Property Attached
  • Composition Roof
  • Partial Copper Plumbing

Interior Spaces

  • 6,374 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Mountain Views

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Parking

  • 12 Open Parking Spaces
  • 12 Parking Spaces
  • Parking Available
  • Assigned Parking

Accessible Home Design

  • Accessible Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 28
  • Tax Tract Number 37334
  • Assessor Parcel Number 611042005

Community Details

Overview

  • No Home Owners Association
  • 12 Units

Amenities

  • Laundry Facilities

Building Details

  • 11 Leased Units
  • Rent Control
  • 13 Separate Electric Meters
  • 13 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Fuel Expense $480
  • Insurance Expense $2,300
  • Maintenance Expense $2,400
  • Pest Control $1,200
  • Trash Expense $1,400
  • Water Sewer Expense $2,580
  • New Taxes Expense $18,737
  • Operating Expense $29,844
  • Gross Income $92,928
  • Net Operating Income $60,369

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 2580.00
  • Zoning: R3
  • Architectural Style: Contemporary
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 611042005
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Interior Amenities: Copper Plumbing Partial
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Accessibility Features: Parking
  • Appliances: Yes
  • Price Per Square Foot: 184.34
  • Window Features: Double Pane Windows

Exterior Features

  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 12.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Range Hood, Refrigerator, Water Heater
  • Heating Type: Natural Gas
  • Laundry Features: Common Area
  • Pest Control Expense: 1200.00
  • Sewer: Public Sewer
  • Trash Expense: 1400.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre, Garden, Landscaped
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 550 Square Feet
  • Electric Expense: 600.00
  • Fuel Expense: 480.00
  • Gross Income: 92928.00
  • Gross Operating Income: 90213.00
  • Gross Scheduled Income: 92928.00
  • Gross Spendable Income: 59769.00
  • Insurance Expense: 2300.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 2400.00
  • Lot Size Area: 8712.0000 Square Feet
  • Maintenance Expense: 2400.00
  • Net Operating Income: 60369.00
  • Number Of Separate Electric Meters: 13
  • Number Of Separate Gas Meters: 13
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 11
  • Number Of Units Total: 12
  • Number Wall A C: 24
  • Number With Carpet: 12
  • Number With Drapes: 12
  • Number With Range: 12
  • Number With Refrigerator: 12
  • Operating Expense: 29844.00
  • Rent Control: Yes
  • Total Actual Rent: 90528.00
  • Total Expenses: 29844.00
  • Vacancy Allowance: 2715

Tax Info

  • New Taxes Expense: 18737.00
  • Tax Census Tract: 455.02
  • Tax Lot: 28
  • Tax Tract: 0000
  • Tax Tract Number: 37334

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
11/17/2021 11/17/21 Sold $1,175,000 -6.0% $184 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
07/19/2021 07/19/21 Price Changed $1,250,000 -2.0% $196 / Sq Ft
06/25/2021 06/25/21 Price Changed $1,275,000 -5.6% $200 / Sq Ft
06/07/2021 06/07/21 Price Changed $1,350,000 -9.9% $212 / Sq Ft
05/19/2021 05/19/21 For Sale $1,499,000 +361.2% $235 / Sq Ft
06/02/2014 06/02/14 Sold $325,000 -1.5% $52 / Sq Ft
10/25/2013 10/25/13 Pending -- -- --
10/03/2013 10/03/13 For Sale $330,000 -- $52 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2021

    Gladys Lamping

    Seaside Homes Inc.

    (562) 929-4450

    1 in this area

    4 Total Sales

    Gladys Lamping
    Section Image

  • R

    Seller's Agent in 2014

    Ron Stockdale

    HK Lane Real Estate

  • C

    Buyer's Agent in 2014

    Crystal Zile

    HK Lane Real Estate

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21107553

California Regional Multiple Listing Service (CRMLS)
California Riverside County Indio 92201

82259 Valencia Ave, Indio, CA

This home is located at 82259 Valencia Ave, Indio, CA 92201 since 19 May 2021. This property was built in 1962. 82259 Valencia Ave is a home located in Riverside County with nearby schools including Herbert Hoover Elementary School, Indio Middle School, and Indio High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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