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Listed by FREDERICK PARKER • KIMBERLY RANGELL, BROKER
$ 1,425,000
Est. payment /mo
Price Dropped by $50K
42995 Park Palm Desert, CA 92260
10 Beds
8 Baths
3,986 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,986 sqft
Price per Sqft $357
MLS Listing ID IV-26150354
Bedrooms 10
Full Baths 8
HOA Fees $980/mo
Year Built 1989
Lot Size 0.350 Acres
Property Sub-Type Quadruplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
PRICED TO SELL!!!!! DON'T MISS OUT ON THIS RARE INVESTMENT OPPORTUNITY. THIS EXCEPTIONAL WELL MAINTAINED LUXURY MULTI-FAMILY PROPERTY ON PARK PLACE IN PALM DESERT IS A PRIME INVESTMENT. EACH UNIT HAS MASTER BEED ROOM WITH A STRONG LAYOUT,NEWER TILE AND LAMINATE FLOORING AND DESIRABLE AMENITIES LIKE GARAGE PARKING, A POOL, AND SPA. IT APPEALS TO SERIOUS LONG TERM AND SHORT TERM TENANTS. NEWER ROOF AND A/C UNITS. ONLY ONE UNIT RENTED! 3 UNITS ARE VACANT TO GET HIGH MARKET RENTS FOR NEW OWNER. PLEASE CALL FOR MORE RENTAL INFORMATION. POSSIBLE OWNER FINANCING AVAILABLE. THE AREA IS SERVED BY EXCELLENT SCHOOLS, INCLUDING ABRAHAM LINCOLN ELEMENTARY AND PALM DESERT HIGH SCHOOL, MALL, EL PESEO, FWY ACCESS, COSTCO, SAMS CLUB AND NEW DISNEY RESORT COTINO. MAKING IT CONSISTENTLY SOUGHT AFTER. IT'S THE PERFECT ADDITION TO ANY PORTFOLIO, WHETHER YOU'RE JUST STARTING INVSTIONG OR LOOKING TO EXPAND. THIS PROPERTY QUALIFIES FOR STANDART FHA, VA AND CONVENTIONAL FININCING IF OWNER OCCUPIED.
Location
State CA
County Riverside
Area 323 - Palm Desert South
Interior
Heating None
Cooling Central Air
Fireplaces Type Living Room
Laundry Inside
Exterior
Parking Features Covered
Garage Spaces 10.0
Pool Association, Fenced
Community Features Park
View Y/N Yes
View Mountain(s)
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
NEARBY SCHOOLS & PROPERTIES