73970 Grapevine Street

    Palm Desert, CA 92260
    • $1,189,000
    • STATUS: Active Under Contract
    • ON SITE: 41 days
    • ID#: 219024441DA
    Under Contract
    UPDATED: 84 min ago
    $1,189,000
    • 0
      BEDS
    • 0.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1975
    County:

    School Ratings & Info

    Description

    Incredible views backing up to Shadow Mountain Golf Course, in an incredible location across the street from The Vintage and walking distance to El Paseo. Large well cared for pride of ownership units in this most desirable South Palm Desert location. Each unit has 2 bedrooms 2 bathrooms, and huge living room with patio or deck to enjoy the views. Each unit has 1 car garage space. Individually metered laundry in each unit. 2 units have been recently gutted and the other two are in great condition. Rare opportunity to invest in South Palm Desert units. Also possibly available are 46455 Portola, 46405 Portola and 46355 Portola Ave. Possible opportunity to Buy 1, 2, 3 or all 4 buildings, they are all next to each other. All identical buildings/set up. Rents are fairly low on two units and are being brought up to current standards. Many long term tenants. Owner will consider trades, subject to 1031 upleg purchase.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-24T00:36:39.58. 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 or Cal American Realty. Licensed in the State of California, USA.
    www.calamericanrealty.com/homes/98892446

    73970 Grapevine Street Palm Desert, CA 92260

    • Price: $1,189,000
    • Status: Active Under Contract
    • Updated: 84 min ago
    • ID#: 219024441DA
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.28
    Acres
    1975
    Built
    Neighborhood:
    Not Applicable-1
    County:
    Riverside
    Area:
    323 - South Palm Desert
    Property Description
    Incredible views backing up to Shadow Mountain Golf Course, in an incredible location across the street from The Vintage and walking distance to El Paseo. Large well cared for pride of ownership units in this most desirable South Palm Desert location. Each unit has 2 bedrooms 2 bathrooms, and huge living room with patio or deck to enjoy the views. Each unit has 1 car garage space. Individually metered laundry in each unit. 2 units have been recently gutted and the other two are in great condition. Rare opportunity to invest in South Palm Desert units. Also possibly available are 46455 Portola, 46405 Portola and 46355 Portola Ave. Possible opportunity to Buy 1, 2, 3 or all 4 buildings, they are all next to each other. All identical buildings/set up. Rents are fairly low on two units and are being brought up to current standards. Many long term tenants. Owner will consider trades, subject to 1031 upleg purchase.
    Exterior Features

    Carport Spaces 0.00 Foundation Details Slab Garage Spaces 4.00 Lot Features Irregular LotLevelPavedYard Lot Size Source Assessor Lot Size Units Acres Parking Features DrivewayGarage Door OpenerOther Parking Total 8.00 Parking YN Yes Pool Features GuniteIn Ground Property Attached YN No View Mountain(S)Panoramic View YN Yes

    Interior Features

    Appliances Electric Water Heater Appliances YN Yes Cooling Heat Pump Cooling YN Yes Flooring CarpetTile Heating ElectricHeat Pump Heating YN Yes Levels Two Room Type Living Room

    Property Features

    Improvements Amount 569000 Insurance Expense 2497.00 Laundry Equipment Own Lease Own Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 1 Number Of Units Leased 3 Number With Dishwasher 4 Number With Patio 4 Number With Range 4 Number With Refrigerator 4 Operating Expense 16800.00 Professional Management Expense 12000.00 Rent Control YN No Senior Community YN No Special Listing Conditions Standard Subdivision Name Other Not Applicable-323 (Na323) Tenant Pays Cable TvElectricity Total Actual Rent 67200.00 Trash Expense 650.00 Water Sewer Expense 540.00

    Listing provided courtesy of Chuck Bennett of Hk Lane Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-24T00:36:39.58. 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 or Cal American Realty. Licensed in the State of California, USA.
     
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