3778 E Calle De Carlos

    Palm Springs, CA 92264
    • $560,000
    • STATUS: Active
    • ON SITE: 135 days
    • ID#: 19472704PS
    UPDATED: 56 min ago
    $560,000
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,400
      SQFT
    • $233
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:

    School Ratings & Info

    Description

    GREAT OPPORTUNITY for you or an Investor to own an investment Bread and Butter Income property in central location at Palm Springs with over a 6.0% CAP RATE. A 4 plex. 2 units 1 bed 1 bath, 2 units studios. Large front yards, plenty of parking convenient to downtown palm springs, Palm Springs Airport, Demuth Park. large 10,000 sqft lot gives you options for improvements. Recently painted, upgraded kitchen and tile flooring. To keep privacy each apartment has fenced yard to enjoy the sunrise and sunset from the desert. Buyer to co-operate in a 45 day Seller 1031 exchange, close sell side in 45 days. Seller Choice of Escrow/Title/Warranty.LA1 is related to seller

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-14T21:33:17.847. 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 The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
    www.northsdrealty.com/homes/95409548

    3778 E Calle De Carlos Palm Springs, CA 92264

    • Price: $560,000
    • Status: Active
    • Updated: 56 min ago
    • ID#: 19472704PS
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    2,400
    SQFT
    $233
    $/SQFT
    1962
    Built
    Neighborhood:
    Demuth Park (6330)
    County:
    Riverside
    Area:
    334 - South End Palm Springs
    Property Description
    GREAT OPPORTUNITY for you or an Investor to own an investment Bread and Butter Income property in central location at Palm Springs with over a 6.0% CAP RATE. A 4 plex. 2 units 1 bed 1 bath, 2 units studios. Large front yards, plenty of parking convenient to downtown palm springs, Palm Springs Airport, Demuth Park. large 10,000 sqft lot gives you options for improvements. Recently painted, upgraded kitchen and tile flooring. To keep privacy each apartment has fenced yard to enjoy the sunrise and sunset from the desert. Buyer to co-operate in a 45 day Seller 1031 exchange, close sell side in 45 days. Seller Choice of Escrow/Title/Warranty.LA1 is related to seller
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Side By Side Parking YN Yes

    Interior Features

    Appliances Disposal Appliances YN Yes Laundry Features Electric Dryer HookupGas Dryer Hookup

    Property Features

    Cap Rate 5.00 Fuel Expense 300.00 Gross Multiplier 13.00 Gross Operating Income 39000.00 Improvements Amount 110376 Insurance Expense 1224.00 Land Lease YN No Land Value 38808 Laundry YN Yes Net Operating Income 33392.00 Property Condition Termite Clearance Special Listing Conditions Standard Subdivision Name Other Demuth Park (6330) Total Expenses 5608.00 Trash Expense 1272.00 Zoning R2

    Listing provided courtesy of Amado Salinas II of Re/Max Desert Properties


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-14T21:33:17.847. 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 The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
     
    The Houston Team | Compass CA DRE#01991628
    2100 Costa Del Mar
    Carlsbad CA, 92009