73950 Grapevine Street

    Palm Desert, CA 92260
    • $1,200,000
    • STATUS: Active
    • ON SITE: 82 days
    • ID#: NP19153607
    UPDATED: 75 min ago
    $1,200,000
    • 0
      BEDS
    • 0.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,400
      SQFT
    • $273
      $/SQFT
    Type:
    Multi-Family
    Built:
    1974
    County:

    School Ratings & Info

    Description

    Strategically located overlooking the Shadow Mountain Golf Course with panoramic views. All units are 2 bedroom, 1.75 baths with a one car garage. All units are approximately 1100 sqft each. Due to a fire a few years ago, all the units have been extensively rebuilt. Therefore, the building is relatively new. The units have all been built with a special soundproofing material making it possible for the adjoining neighbors to enjoy piece and quiet, inside washer and dryer, walk-in closet. One unit is an owners unit and the other have been long term tenants at a very low rent. A proforma and comparable rents in the area would be 1600 per unit. This property has a gated pool, located on the 16th fairway and is in immaculate condition. If location and pride of ownership is what your looking for, search no further.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-19T11:44:13.457. 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/96407643

    73950 Grapevine Street Palm Desert, CA 92260

    • Price: $1,200,000
    • Status: Active
    • Updated: 75 min ago
    • ID#: NP19153607
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.26
    Acres
    4,400
    SQFT
    $273
    $/SQFT
    1974
    Built
    Neighborhood:
    Shadow Mountain Fairway Cc (32351)
    County:
    Riverside
    Area:
    323 - South Palm Desert
    Property Description
    Strategically located overlooking the Shadow Mountain Golf Course with panoramic views. All units are 2 bedroom, 1.75 baths with a one car garage. All units are approximately 1100 sqft each. Due to a fire a few years ago, all the units have been extensively rebuilt. Therefore, the building is relatively new. The units have all been built with a special soundproofing material making it possible for the adjoining neighbors to enjoy piece and quiet, inside washer and dryer, walk-in closet. One unit is an owners unit and the other have been long term tenants at a very low rent. A proforma and comparable rents in the area would be 1600 per unit. This property has a gated pool, located on the 16th fairway and is in immaculate condition. If location and pride of ownership is what your looking for, search no further.
    Exterior Features

    Garage Spaces 4.00 Lot Features GreenbeltOn Golf Course Lot Size Source Assessor Lot Size Units Square Feet Parking Total 4.00 Pool Features Private Pool Private YN Yes Property Attached YN Yes Roof Tar/Gravel View Golf CourseNeighborhoodPark/Greenbelt View YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling Central AirElectric Cooling YN Yes Heating CentralElectric Heating YN Yes Laundry Features Inside

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features BikingGolf Country Us Electric Electricity - On Property Electric Expense 600.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 1800.00 Gross Income 44160.00 Gross Scheduled Income 44160.00 Insurance Expense 1200.00 Land Lease YN No Laundry YN Yes Net Operating Income 38520.00 New Construction YN No New Taxes Expense 15000.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 3 Number With Carpet 4 Number With Dishwasher 4 Number With Disposal 4 Number With Drapes 4 Number With Patio 4 Number With Range 4 Operating Expense 5640.00 Pool Expense 1440.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Shadow Mountain Fairway Cc (32351) Tenant Pays All Utilities Total Expenses 20640.00 Trash Expense 0.00 Utilities Sewer Connected Water Sewer Expense 600.00 Water Source Public Year Built Source Public Records Zoning R3sp

    Listing provided courtesy of Wayne Smith of Corona Del Mar Properties Inc


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-19T11:44:13.457. 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.
     
    J1 REALTY GROUP
    16755 Von Karman Ave, Ste 200
    Irvine CA, 92606