331 W Sunview Avenue

    Palm Springs, CA 92262
    • $4,500,000
    • STATUS: Active
    • ON SITE: 223 days
    • ID#: 19440586PS
    $4,500,000
    • 3
      BEDS
    • 0.17
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,180
      SQFT
    • $3,814
      $/SQFT
    Neighborhood:
    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 CARETS as of 2019-10-14T23:46:34.91. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.dscvrproperties.com/homes/92381312

    331 W Sunview Avenue Palm Springs, CA 92262

    • Price: $4,500,000
    • Status: Active
    • ID#: 19440586PS
    3
    Beds
    2
    Baths
    0
    ½ Baths
    0.17
    Acres
    1,180
    SQFT
    $3,814
    $/SQFT
    1963
    Built
    Neighborhood:
    Desert Gateway Highlands
    County:
    Riverside
    Area:
    Palm Springs North End (331)
    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

    Alley YN N Number Patio 14 Number Rented Garages 14 Open Other Spaces Total 14 Parking Spaces Total 2 Parking Type Garage Is Attached Paved YN Y

    Interior Features

    Appliances Electric Dryer HookupGarbage DisposalGas Dryer HookupRefrigerator Cooking Appliances Range Cooling Type Air Conditioning Heating Type Central Furnace Number Dishwasher 14 Number Disposal 14 Number Drapes 14 Number Range 14 Number Refrigerator 14 Number Wall AC 14 Total Floors 1 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Unfurnished Unit Furnished04 Unfurnished Unit Furnished05 Unfurnished Unit Furnished06 Unfurnished Unit Furnished07 Unfurnished Unit Furnished08 Unfurnished Unit Furnished09 Unfurnished Unit Furnished10 Unfurnished Unit Furnished11 Unfurnished Unit Furnished12 Unfurnished Unit Furnished13 Unfurnished Unit Number Of Bath01 1.0 Unit Number Of Bath02 2.0 Unit Number Of Bath03 1.0 Unit Number Of Bath04 1.0 Unit Number Of Bath05 1.0 Unit Number Of Bath06 2.0 Unit Number Of Bath07 2.0 Unit Number Of Bath08 2.0 Unit Number Of Bath09 2.0 Unit Number Of Bath10 2.0 Unit Number Of Bath11 2.0 Unit Number Of Bath12 2.0 Unit Number Of Bath13 2.0 Unit Number Of Bed01 3 Unit Number Of Bed02 3 Unit Number Of Bed03 3 Unit Number Of Bed04 3 Unit Number Of Bed05 3 Unit Number Of Bed06 3 Unit Number Of Bed07 4 Unit Number Of Bed08 3 Unit Number Of Bed09 4 Unit Number Of Bed10 4 Unit Number Of Bed11 3 Unit Number Of Bed12 4 Unit Number Of Bed13 4

    Property Features

    Actual Annual Gross Rent 203400.00 Ada Compliance YN N Additions Alterations YN N Adjusted Gross Income 203400.00 Assessed Improvement Value 41603.00 Assessed Land Value 13863.00 Country United States Of America Expense Total Annual 21000.00 Gross Operating Income 203400.00 Gross Rent Multiplier 17.00 Hoa YN N Land Lease Type Fee Legal Disclosures No Property Assessments Lot Size Source Vendor Enhanced Net Operating Income 182400.00 Number Electric Meters 14 Number Gas Meters 14 Number Of Buildings 14 Number Water Meters 14 Private Transfer Taxes YN N Special Conditions Standard Sale Square Footage Source Vendor Enhanced Unit Monthly Rent01 1000.00 Unit Monthly Rent02 1300.00 Unit Monthly Rent03 1200.00 Unit Monthly Rent04 1200.00 Unit Monthly Rent05 1200.00 Unit Monthly Rent06 1300.00 Unit Monthly Rent07 1300.00 Unit Monthly Rent08 1300.00 Unit Monthly Rent09 1300.00 Unit Monthly Rent10 1300.00 Unit Monthly Rent11 1300.00 Unit Monthly Rent12 1400.00 Unit Monthly Rent13 1400.00 Unit Projected Total Monthly Rent01 16800.00 Unit Projected Total Monthly Rent02 19200.00 Unit Projected Total Monthly Rent03 16800.00 Unit Projected Total Monthly Rent04 16800.00 Unit Projected Total Monthly Rent05 16800.00 Unit Projected Total Monthly Rent06 19200.00 Unit Projected Total Monthly Rent07 19800.00 Unit Projected Total Monthly Rent08 19200.00 Unit Projected Total Monthly Rent09 19800.00 Unit Projected Total Monthly Rent10 19800.00 Unit Projected Total Monthly Rent11 19200.00 Unit Projected Total Monthly Rent12 19800.00 Unit Projected Total Monthly Rent13 19800.00 Unit Total Monthly Rent01 12000.00 Unit Total Monthly Rent02 15600.00 Unit Total Monthly Rent03 14400.00 Unit Total Monthly Rent04 14400.00 Unit Total Monthly Rent05 14400.00 Unit Total Monthly Rent06 15600.00 Unit Total Monthly Rent07 15600.00 Unit Total Monthly Rent08 15600.00 Unit Total Monthly Rent09 15600.00 Unit Total Monthly Rent10 15600.00 Unit Total Monthly Rent11 15600.00 Unit Total Monthly Rent12 16800.00 Unit Total Monthly Rent13 16800.00 Unit Type01 1 Unit Type02 1 Unit Type03 1 Unit Type04 1 Unit Type05 1 Units Total In Complex 14 Zoning R1

    Listing provided courtesy of Amado Salinas II DRE#00921823 of Re/Max Desert Properties.


    Based on information from CARETS as of 2019-10-14T23:46:34.91. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
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