877 E Cottonwood Road

    Palm Springs, CA 92262
    • $519,000
    • STATUS: Active Under Contract
    • ON SITE: 137 days
    • ID#: 19440252PS
    Under Contract
    UPDATED: 59 min ago
    $519,000
    • 4
      BEDS
    • 0.25
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    • 2,395
      SQFT
    • $217
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1966
    County:

    School Ratings & Info

    Description

    Beautifully maintain 4 units in great location. Great unit mix and great opportunity for upside in rents. Wonderful secured pool area with lovely cabana to entertain. Long term owner has self managed and cared for this one in all details. Make offers " Subject to Interior Inspection" please.

    Monthly Payment Calculator



    Based on information from CARETS as of 2019-07-20T11:47:11.243. 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/92343207

    877 E Cottonwood Road Palm Springs, CA 92262

    • Price: $519,000
    • Status: Active Under Contract
    • Updated: 59 min ago
    • ID#: 19440252PS
    4
    Beds
    5
    Baths
    0
    ½ Baths
    0.25
    Acres
    2,395
    SQFT
    $217
    $/SQFT
    1966
    Built
    Neighborhood:
    Not In A Development
    County:
    Riverside
    Area:
    Palm Springs Central (332)
    Property Description
    Beautifully maintain 4 units in great location. Great unit mix and great opportunity for upside in rents. Wonderful secured pool area with lovely cabana to entertain. Long term owner has self managed and cared for this one in all details. Make offers " Subject to Interior Inspection" please.
    Exterior Features

    Common Walls Attached Construction Frame And Stucco Covered Spaces Total 1 Entry Location Ground Level - No Steps Exterior Construction Stucco Parking Spaces Total 6 Parking Type Carport Attached View Mountain View

    Interior Features

    Cooking Appliances Range Cooling Type Air Conditioning Heating Fuel Natural Gas Total Floors 1 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Unfurnished Unit Furnished04 Unfurnished Unit Furnished05 Partially Unit Furnished06 Partially Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 2.0 Unit Number Of Bath02 1.0 Unit Number Of Bath03 1.0 Unit Number Of Bath04 1.0 Unit Number Of Bed01 2 Unit Number Of Bed02 2 Unit Number Of Bed03 0 Unit Number Of Bed04 0

    Property Features

    Adjusted Gross Income 38120.00 Assessed Improvement Value 289513.00 Assessed Land Value 41174.00 Buyer Financing Cash To New Loan Cap Rate 4.00 Country United States Of America Expense Electric 5639.00 Expense Elevator 0.00 Expense Gardener 0.00 Expense Gas 531.00 Expense Insurance 1452.00 Expense Maintenance 0.00 Expense Pest 605.00 Expense Pool 1635.00 Expense Tax 5682.00 Expense Total Annual 19005.00 Expense Trash 1051.00 Expense Water 2410.00 Garage Income 0.00 Gross Operating Income 38120.00 Gross Rent Multiplier 14.40 Gross Scheduled Income 38120.00 Gross Spendable Income 19115.00 Hoa YN N Land Lease Type Fee Laundry Income 500.0 Legal Disclosures City Inspection Required Listing Terms Cash To New Loan Lot Size Source Public Records Monthly Gross Income 3135.00 Net Operating Income 19115.00 Number Of Buildings 1 Possession Tenantsrights Special Conditions Standard Sale Square Footage Source Other Unit Monthly Rent01 935.00 Unit Monthly Rent02 925.00 Unit Monthly Rent03 650.00 Unit Monthly Rent04 625.00 Unit Projected Total Monthly Rent01 1295.00 Unit Projected Total Monthly Rent02 1295.00 Unit Projected Total Monthly Rent03 775.00 Unit Projected Total Monthly Rent04 775.00 Unit Total Monthly Rent01 935.00 Unit Total Monthly Rent02 925.00 Unit Total Monthly Rent03 650.00 Unit Total Monthly Rent04 625.00 Unit Type01 1 Unit Type02 1 Unit Type03 1 Unit Type04 1 Units Total In Complex 4 Zoning R2

    Listing provided courtesy of Kenny Jervis DRE#0834276 of Berkshire Hathaway Homeservice.


    Based on information from CARETS as of 2019-07-20T11:47:11.243. 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.
     
    HEADQUARTERS | Keller Williams Beverly Hills
    439 N Canon Drive, 3rd Floor
    Beverly Hills CA, 90210