540 S Mountain View Drive

    Palm Springs, CA 92264
    • $799,000
    • STATUS: Active
    • ON SITE: 291 days
    • ID#: 17226014PS
    UPDATED: 30 min ago
    $799,000
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,356
      SQFT
    • $238
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1955
    County:

    School Ratings & Info

    Description

    Mid-Century 4 plex income property in South end Palm Springs. Pride-of-ownership and very well maintained. Consists of two 2br/1ba, one 2br/2ba, one 1br/1ba units. Could be reconverted to 5 units for another $1000 per month of income. All floors are stained cement, exterior windows have been replaced, retiled bathrooms, newer kitchens, all units share a courtyard as well as have a private outdoor space. Current rents are believed to be under market. All 4 units have their own electric and gas meters. There is a community laundry and off-street assigned parking for each unit plus 3 guest parking. Live in one unit and rent the rest. Drive by only DO NOT DISTURB TENANTS.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-19T22:26:32.08. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.californiarealtyexperts.com/homes/72219574

    540 S Mountain View Drive Palm Springs, CA 92264

    • Price: $799,000
    • Status: Active
    • Updated: 30 min ago
    • ID#: 17226014PS
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    3,356
    SQFT
    $238
    $/SQFT
    1955
    Built
    Neighborhood:
    Demuth Park
    County:
    Riverside
    Area:
    334 - South End Palm Springs
    Property Description
    Mid-Century 4 plex income property in South end Palm Springs. Pride-of-ownership and very well maintained. Consists of two 2br/1ba, one 2br/2ba, one 1br/1ba units. Could be reconverted to 5 units for another $1000 per month of income. All floors are stained cement, exterior windows have been replaced, retiled bathrooms, newer kitchens, all units share a courtyard as well as have a private outdoor space. Current rents are believed to be under market. All 4 units have their own electric and gas meters. There is a community laundry and off-street assigned parking for each unit plus 3 guest parking. Live in one unit and rent the rest. Drive by only DO NOT DISTURB TENANTS.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features AssignedParking SpaceUncoveredGuest Parking YN Yes

    Interior Features

    Appliances Garbage DisposalRefrigeratorDishwasher Appliances YN Yes Laundry Features Gas Dryer HookupIndividual RoomCommunity

    Property Features

    Gross Multiplier 19.90 Gross Operating Income 41400.00 Land Lease YN No Laundry YN Yes Net Operating Income 34063.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Number Of Units Leased 4 Number With Dishwasher 4 Number With Disposal 4 Number With Drapes 4 Number With Patio 4 Number With Range 4 Number With Refrigerator 4 Special Listing Conditions Standard Subdivision Name Other Demuth Park Tenant Pays ElectricityGasWater Total Expenses 7337.00 Utilities Cable Available Zoning R2

    Listing provided courtesy of Kelli Ross of Bennion Deville Homes.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-19T22:26:32.08. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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