73970 Grapevine Street

    Palm Desert, CA 92260
    • $1,120,000
    • STATUS: Closed
    • ON SITE: 259 days
    • ID#: 219024441DA
    Sold - 04/17/2020
    $1,120,000
    SOLD - 04/17/2020
    • 0
      BEDS
    • 0.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1975
    County:

    School Ratings & Info

    Description

    In Escrow but subject to buyers sale of property to be determined by 2/24/20. Taking back ups. 24 hour notice to remove contingency so dont be afraid to write back . ! Incredible pride of ownership building and location in South Palm Desert, with views backing up to Shadow Mountain Golf Course & mountains in the background, NOTHING LIKE IT!!! Across the street from The Vintage and walking distance to El Paseo and The Living Desert. Large well cared for units in this most desirable location for any apartment building in the desert. Each unit has 2 bedrooms 2 bathrooms, and huge living room with lower patios & upstairs deck to enjoy the phenomenal views. Each unit has 1 car garage space, and is Individually metered, with laundry in each unit. 2 units have been recently gutted and the other two are older but in great condition. Rare opportunity to invest in South Palm Desert units. Also possibly available is 46455 Portola next door on the neighboring corner. Both are identical buildings/set up. Rents are fairly low. VERY low turnoever, Some are long term tenants. Owner will consider trades, Sale is subject to 1031 but owner is looking. Rents are currently $1600, $1625, $1395 and $1225

    Sold by Sara Swanson of Bd Homes-The Paul Kaplan Group.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-29T21:28:16.337. 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: Closed
    • Updated: 56 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
    In Escrow but subject to buyers sale of property to be determined by 2/24/20. Taking back ups. 24 hour notice to remove contingency so dont be afraid to write back . ! Incredible pride of ownership building and location in South Palm Desert, with views backing up to Shadow Mountain Golf Course & mountains in the background, NOTHING LIKE IT!!! Across the street from The Vintage and walking distance to El Paseo and The Living Desert. Large well cared for units in this most desirable location for any apartment building in the desert. Each unit has 2 bedrooms 2 bathrooms, and huge living room with lower patios & upstairs deck to enjoy the phenomenal views. Each unit has 1 car garage space, and is Individually metered, with laundry in each unit. 2 units have been recently gutted and the other two are older but in great condition. Rare opportunity to invest in South Palm Desert units. Also possibly available is 46455 Portola next door on the neighboring corner. Both are identical buildings/set up. Rents are fairly low. VERY low turnoever, Some are long term tenants. Owner will consider trades, Sale is subject to 1031 but owner is looking. Rents are currently $1600, $1625, $1395 and $1225
    Exterior Features

    Carport Spaces 0.00 Foundation Details Slab Garage Spaces 4.00 Lot Features Back YardIrregular LotLandscapedLevelRectangular LotPavedYardOn Golf Course Lot Size Source Assessor Lot Size Units Acres Parking Features DrivewayGarage Door OpenerOther Parking Total 8.00 Parking YN Yes Pool Features GuniteIn Ground Pool Private YN No Property Attached YN No View Mountain(S)Panoramic View YN Yes

    Interior Features

    Appliances DishwasherElectric CooktopElectric CookingElectric RangeVented Exhaust FanMicrowaveRefrigeratorElectric Water HeaterWater 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 0 Inclusions All Appliances including Washer/DryersRefrigeratorsMicrowavesStoves Etc Insurance Expense 2497.00 Land Lease YN No 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 4 Number With Dishwasher 4 Number With Patio 4 Number With Range 4 Number With Refrigerator 4 Operating Expense 16800.00 Other Income1 0.00 Professional Management Expense 12000.00 Property Condition Updated/Remodeled 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 70010.00 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 2020-05-29T21:28:16.337. 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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