2798 N Junipero Avenue

    Palm Springs, CA 92262
    • $849,000
    • STATUS: Active
    • ON SITE: 37 days
    • ID#: 19477640PS
    UPDATED: 34 min ago
    $849,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,400
      SQFT
    • $193
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1981
    County:

    School Ratings & Info

    Description

    An incredible investment opportunity in desirable Chino Canyon neighborhood of Palm Springs. This FourPlex is large. Two bedroom and two bathroom units, all with individual laundry areas on a corner lot with gorgeous views of the mountains. Each unit is 1,100 square feet of interior living space. Property is currently 3 units vacant as there was previously a business that had a master lease on whole building. Projected rents are $1,450 per month per unit (buyer to verify). Call me today to see this amazing property.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-07-21T18:34:36.877. 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. Licensed in the State of California, USA.
    www.dscvrproperties.com/homes/95913533

    2798 N Junipero Avenue Palm Springs, CA 92262

    • Price: $849,000
    • Status: Active
    • Updated: 34 min ago
    • ID#: 19477640PS
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    4,400
    SQFT
    $193
    $/SQFT
    1981
    Built
    Neighborhood:
    Chino Canyon (4975)
    County:
    Riverside
    Area:
    331 - North End Palm Springs
    Property Description
    An incredible investment opportunity in desirable Chino Canyon neighborhood of Palm Springs. This FourPlex is large. Two bedroom and two bathroom units, all with individual laundry areas on a corner lot with gorgeous views of the mountains. Each unit is 1,100 square feet of interior living space. Property is currently 3 units vacant as there was previously a business that had a master lease on whole building. Projected rents are $1,450 per month per unit (buyer to verify). Call me today to see this amazing property.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features ConcreteDriveway Parking YN Yes

    Interior Features

    Appliances DisposalDishwasher Appliances YN Yes Cooling Central Air Cooling YN Yes Laundry Features Inside

    Property Features

    Cap Rate 6.14 Gross Multiplier 12.86 Gross Operating Income 66000.00 Improvements Amount 393510 Insurance Expense 2400.00 Land Lease YN No Land Value 103555 Laundry YN Yes Net Operating Income 52188.00 Property Condition Updated/Remodeled Special Listing Conditions Standard Subdivision Name Other Chino Canyon (4975) Total Expenses 13812.00 Water Sewer Expense 800.00 Zoning R2

    Listing provided courtesy of David Emerson of Windermere Homes And Estates


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-07-21T18:34:36.877. 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. Licensed in the State of California, USA.
     
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