NOT LISTED FOR SALE

84019 Lingayan Ave Indio, CA 92201

Estimated Value: $229,000 - $489,000

6 Beds
4 Baths
2,205 Sq Ft
$150/Sq Ft Est. Value

Last Sold July 28, 2017

Last sale price $175,000 $79 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,989/month

6 Days on Market

Highlights

  • Corner Lot
  • Satellite Dish
  • Fenced
  • 1-Story Property

About This Home

As of July 2017

Fantastic investment opportunity in the City of Festivals, Indio CA. This three unit property is sitting on a 12,632 sqft lot. Two of the units area vacant and need repair. The main unit facing Lingayen Ave is occupied. If you are looking for a great opportunity to invest on an income production property, this is it. Located with in walking distance of Schools, Parks and shopping areas. Only on block away of the new project by the City of Coachella. A New Bungalow-Style Hotel At the southwest corner of Ave 48 and Van Buren St. Call today to set up your appointment.

Last Agent to Sell the Property

Juan Martinez

Better Homes and Gardens Real Estate License #01800828 Listed on: 07/12/2017

Last Buyer's Agent

Juan Martinez

Centerpointe Realty License #01800828

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 0.29 Acre Lot
  • Fenced
  • Corner Lot
  • Corners Of The Lot Have Been Marked

Home Design

  • Shingle Roof
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2,205 Sq Ft Home
  • 1-Story Property
  • Window Bars

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Location

  • Ground Level

Utilities

  • Cooling System Mounted To A Wall/Window
  • Property is located within a water district
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, trash collection, electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 603073001

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Carver Tract Subdivision

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0.29 Acres

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Price Per Unit: 53333.00
  • List Price per Sq Ft: 72.56
  • Lp Sp Ratio: 1.0938
  • Year Built: 1951
  • Internal Listing I D: 20190608184752569318000000
  • Listing I D: 217019228
  • Listing Member Address: 78078 Country Club Dr., #108, Indio, CA 92203
  • Listing Member Fax: (760) 479-5978
  • Listing Office Address: 78078 Country Club Dr., #108, Indio, CA 92203
  • List Office Board Code: California Desert Association of Realtors
  • Selling Member Address: 78078 Country Club Dr., #108, Indio, CA 92203
  • Selling Member Fax: (760) 479-5978
  • Selling Office Address: 78078 Country Club Dr., #108, Indio, CA 92203
  • Land Type: Fee
  • Subdivision: Carver Tract
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Estimated Sq Ft: 2205.00

Exterior Features

  • Construction: Stucco
  • Roofing: Composition, Shingle

Garage/Parking

  • Parking Info Total Carport Spaces: 2.00
  • Parking Info Total Garage Spaces: 2.00
  • Parking Info Total Parking Spaces: 6.00

Utilities

  • TV Svcs: Cable TV, TV Satellite Dish
  • Number Electric Meters: 3
  • Number Water Meters: 1
  • Cooling Type: Wall/Window Unit(s)
  • Security: Window Bars
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Number Gas Meter: 3
  • Laundry Type: Yes

Condo/Co-op/Association

  • Unit Location: Ground Floor

Lot Info

  • Assessor Parcel Number: 603073001
  • Lot Description: Corners Marked, Fenced, Curbs
  • Lot Location: Corner Lot
  • Lot Size: 12632.00

Rental Info

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

Tax Info

  • Mello Roos: Unknown
  • Private Transfer Tax: Yes

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2017
Closed on
Jul 20, 2017
Sold by
Hernandez Lucia
Bought by
Kermani Nejad Ramin
Seller's Agent
Juan Martinez
Better Homes and Gardens Real Estate
Buyer's Agent
Juan Martinez
Better Homes and Gardens Real Estate
List Price
$160,000
Sold Price
$175,000
Premium/Discount to List
$15,000
9.38%
Current Estimated Value
$331,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,824
Avg. Annual Appreciation
7.68%

Purchase Details

Closed on
Apr 24, 2014
Sold by
Hernandez Lucia F
Bought by
Hernandez Lucia F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kermani Nejad Ramin $175,000 First American Title Company
Hernandez Lucia -- First American Title Company
Hernandez Lucia F -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2017 07/28/17 Sold $175,000 +9.4% $79 / Sq Ft
07/18/2017 07/18/17 Pending -- -- --
07/12/2017 07/12/17 For Sale $160,000 -- $73 / Sq Ft
Source: California Desert Association of REALTORS®

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 $3,157 $199,115 $39,821 $159,294
2023 $3,157 $191,385 $38,276 $153,109
2022 $2,930 $187,633 $37,526 $150,107
2021 $2,829 $183,955 $36,791 $147,164
2020 $3,325 $182,070 $36,414 $145,656
2019 $3,230 $178,500 $35,700 $142,800
2018 $3,187 $175,000 $35,000 $140,000
2017 $1,297 $19,601 $6,641 $12,960
2016 $1,290 $19,217 $6,511 $12,706
2015 $1,157 $18,930 $6,414 $12,516
2014 $1,154 $18,562 $6,290 $12,272
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 217019228

California Desert Association of REALTORS®

APN: 603-073-001

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