45905 Ocotillo Drive

    Palm Desert, CA 92260
    • $1,200,000
    • STATUS: Active
    • ON SITE: 125 days
    • ID#: 19464510PS
    UPDATED: 88 min ago
    $1,200,000
    • 0
      BEDS
    • 0.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1972
    County:

    School Ratings & Info

    Description

    Unique chance to be President of your own Property Owners Association in an exceptional location. Here are FOUR two bedroom two bath individually titled condominium units very close to the Rodeo Drive of Palm Desert - El Paseo. Convenient location near restaurants and shopping. Each unit in this small complex has their own private rear yard and covered two car parking. A pool and attractive grounds surrounds this once in a lifetime opportunity. Rents for each unit currently is from $1400 - $1500 per month.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-17T21:36:36.447. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or J1 REALTY GROUP. Licensed in the State of California, USA.
    www.j1re.com/homes/94768763

    45905 Ocotillo Drive Palm Desert, CA 92260

    • Price: $1,200,000
    • Status: Active
    • Updated: 88 min ago
    • ID#: 19464510PS
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.3
    Acres
    1972
    Built
    Neighborhood:
    Sun & Stars (4240)
    County:
    Riverside
    Area:
    323 - South Palm Desert
    Property Description
    Unique chance to be President of your own Property Owners Association in an exceptional location. Here are FOUR two bedroom two bath individually titled condominium units very close to the Rodeo Drive of Palm Desert - El Paseo. Convenient location near restaurants and shopping. Each unit in this small complex has their own private rear yard and covered two car parking. A pool and attractive grounds surrounds this once in a lifetime opportunity. Rents for each unit currently is from $1400 - $1500 per month.
    Exterior Features

    Lot Size Source See Remarks Lot Size Units Square Feet Parking Features Detached Carport Parking YN Yes

    Interior Features

    Appliances Disposal Appliances YN Yes Laundry Features Washer IncludedDryer Included

    Property Features

    Gross Multiplier 6.50 Gross Operating Income 68900.00 Improvements Amount 137310 Land Lease YN No Land Value 52810 Laundry YN Yes Net Operating Income 58365.00 Special Listing Conditions Standard Subdivision Name Other Sun & Stars (4240) Total Expenses 10535.00 Zoning R318m

    Listing provided courtesy of Arthur Obester of Kathleen Adams Real Estate, In and Kathleen Adams of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-17T21:36:36.447. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or J1 REALTY GROUP. Licensed in the State of California, USA.
     
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    16755 Von Karman Ave, Ste 200
    Irvine CA, 92606