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Key Details
Sold Price $575,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Cathedral Springs
MLS Listing ID 219115581DA
Sold Date 12/09/24
HOA Y/N No
Year Built 1986
Lot Size 8,276 Sqft
Property Description
**9.65% CAP ON PROFORMA** This is a fantastic opportunity to purchase a value-add duplex with 62% upside in rents, consisting of 3Bedroom/2Bathroom units (1,131 sf each). The property was built in 1986 and is situated on a 8,276sf lot located just off Interstate 10 and close to downtown Palm Springs and everything the Coachella Valley has to offer.
Location
State CA
County Riverside
Area 335 - Cathedral City North
Interior
Heating Wall Furnace
Flooring Carpet, Tile
Fireplace No
Exterior
Parking Features Driveway, Garage, Garage Door Opener
Garage Spaces 2.0
Garage Description 2.0
View Y/N No
Total Parking Spaces 2
Private Pool No
Building
Story 1
Sewer Other
New Construction No
Others
Senior Community No
Tax ID 678313033
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Daniel Nguyen • Southland Realty