NOT LISTED FOR SALE

83144 Sonora Ave Indio, CA 92201

7 Beds
4 Baths
4,950 Sq Ft
0.4 Acres

Last Sold April 14, 2023

Last sale price $625,000 $126 Per Sq Ft

202 Days on Market

Highlights

  • 0.4 Acre Lot
  • Park
  • 1-Story Property

About This Home

As of April 2023

Six (6) Unit Multi-Family Apartment composed currently of 4,950 square feet. The Apartments are composed of one (1) Four Bedroom Two Bathroom, one (1) Two bedroom One bathroom and four (4) One Bedroom One Bathroom Units. The property is located on a 0.400 acres built in 1967. The buildings currently operates at 100% occupancy. Indio is a city in Riverside County, California, United States, located in the Coachella Valley of Southern California's Colorado Desert region. It lies 23 miles (37 km) east of Palm Springs, 75 miles (121 km) east of Riverside, 127 miles (204 km) east of Los Angeles, 148 miles (238 km) northeast of San Diego, and 250 miles (402 km) west of Phoenix.

Last Agent to Sell the Property

Albert Le

LE INVESTMENT GROUP License #01468313 Listed on: 09/14/2022

Last Buyer's Agent

Albert Le

LE INVESTMENT GROUP License #01468313 Listed on: 09/14/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 0.4 Acre Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Home Design

  • Property Attached

Interior Spaces

  • 4,950 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 453
  • Assessor Parcel Number 611281025
  • $1,390 per year additional tax assessments

Community Details

Overview

  • 4 Buildings
  • 6 Units

Recreation

  • Park

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,176
  • New Taxes Expense $8,799
  • Operating Expense $19,301
  • Gross Income $52,800
  • Net Operating Income $32,915

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 611281025
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 126.26

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Park, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 17424.00
  • Lot Size Acres: 0.4000

Multi Family

  • Average1 Bed Area: 600 Square Feet
  • Average2 Bed Area: 800 Square Feet
  • Gross Income: 52800.00
  • Gross Scheduled Income: 52800.00
  • Insurance Expense: 2176.00
  • Lot Size Area: 17424.0000 Square Feet
  • Net Operating Income: 32915.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 19301.00
  • Rent Control: No
  • Total Expenses: 19301.00

Tax Info

  • New Taxes Expense: 8799.00
  • Tax Census Tract: 453.03
  • Tax Lot: 16
  • Tax Tract Number: 453.03
  • TaxOtherAnnualAssessmentAmount: 1390.00

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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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 List to Sale Price per Sq Ft
04/14/2023 04/14/23 Sold $625,000 -7.4% $126 / Sq Ft
02/23/2023 02/23/23 Price Changed $675,000 -6.9% $136 / Sq Ft
01/11/2023 01/11/23 Price Changed $725,000 -9.4% $146 / Sq Ft
09/14/2022 09/14/22 For Sale $800,000 -- $162 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $9,740 $650,250 $130,050 $520,200
2023 $9,740 $212,161 $47,454 $164,707
2022 $4,066 $208,002 $46,524 $161,478
2021 $3,887 $203,924 $45,612 $158,312
2020 $4,445 $201,834 $45,145 $156,689
2019 $4,311 $197,877 $44,260 $153,617
2018 $4,263 $193,998 $43,393 $150,605
2017 $4,211 $190,195 $42,543 $147,652
2016 $4,152 $186,466 $41,709 $144,757
2015 $3,939 $183,668 $41,084 $142,584
2014 $3,902 $180,072 $40,280 $139,792
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV22201631

California Regional Multiple Listing Service (CRMLS)

APN: 611-281-025