331 W Sunview Avenue

    Palm Springs, CA 92262
    • $4,500,000
    • STATUS: Active
    • ON SITE: 258 days
    • ID#: 19440586PS
    UPDATED: 31 min ago
    $4,500,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,180
      SQFT
    • $3,814
      $/SQFT
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    Ideal for Real Estate Portfolio, this is a Bulk Sale/Purchase of 14 Single Family Income units for a 1031 Exchange; Buyers to co-operate in a 1031 Exchange with Seller. Homes all rented with season 3bd/2ba Garage, large lots, all rented. CAP RATE 5.8% ( at Listed Sales Price) APN: 669402005, 669384001,669384002,669384003,669381022,669381024,669384005,669394005,669393004,669391003,669395010,669395008,669395021,6693610022

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-19T15:31:49.897. 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 California Realty Experts. Licensed in the State of California, USA.
    www.californiarealtyexperts.com/homes/92381894

    331 W Sunview Avenue Palm Springs, CA 92262

    • Price: $4,500,000
    • Status: Active
    • Updated: 31 min ago
    • ID#: 19440586PS
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1,180
    SQFT
    $3,814
    $/SQFT
    1963
    Built
    Neighborhood:
    Desert Gateway Highlands (5010)
    County:
    Riverside
    Area:
    331 - North End Palm Springs
    Property Description
    Ideal for Real Estate Portfolio, this is a Bulk Sale/Purchase of 14 Single Family Income units for a 1031 Exchange; Buyers to co-operate in a 1031 Exchange with Seller. Homes all rented with season 3bd/2ba Garage, large lots, all rented. CAP RATE 5.8% ( at Listed Sales Price) APN: 669402005, 669384001,669384002,669384003,669381022,669381024,669384005,669394005,669393004,669391003,669395010,669395008,669395021,6693610022
    Exterior Features

    Lot Features Sprinklers None Lot Size Units Square Feet

    Interior Features

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

    Property Features

    Gross Multiplier 17.00 Gross Operating Income 203400.00 Improvements Amount 41603 Land Lease YN No Land Value 13863 Laundry YN Yes Net Operating Income 182400.00 Number Of Separate Electric Meters 14 Number Of Separate Gas Meters 14 Number Of Separate Water Meters 14 Number Wall AC 14 Number With Dishwasher 14 Number With Disposal 14 Number With Drapes 14 Number With Patio 14 Number With Range 14 Number With Refrigerator 14 Special Listing Conditions Standard Sprinklers YN No Subdivision Name Other Desert Gateway Highlands (5010) Total Expenses 21000.00 Zoning R1

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


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-19T15:31:49.897. 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 California Realty Experts. Licensed in the State of California, USA.
     
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