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    331 W Sunview Avenue

    Palm Springs, CA 92262
    • $5,100,000
    • STATUS: Active
    • ON SITE: 595 days
    • ID#: 19440586PS
    UPDATED: 37 min ago
    $5,100,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    READY MADE SEASONED Real Estate Portfolio. This is a Bulk Sale/1031 Exchange of 15 Single Family Income units all rented ready for a new Portfolio Owner. The Sale will be a 1031 Exchange; Buyer to co-operate in a 1031 Exchange with Seller. Homes all rented with season 3bd/2ba Garage, large lots, all rented. CAP RATE 5% ( at Listed Sales Price) APN: 669361002,669381022, 024, 669384001, 002, 003, 005, 669394004, 005, 669391003,669395008, 010, 021, 669402005, 669412014

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-20T23:31:00.64. 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 Keller Williams Realty. Licensed in the State of California, USA.

    www.therealestategirl.com/homes/92381894
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    331 W Sunview Avenue Palm Springs, CA 92262

    • Price: $5,100,000
    • Status: Active
    • Updated: 37 min ago
    • ID#: 19440586PS
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1963
    Built
    Neighborhood:
    331 - North End Palm Springs
    County:
    Riverside
    Area:
    331 - North End Palm Springs
    Property Description
    READY MADE SEASONED Real Estate Portfolio. This is a Bulk Sale/1031 Exchange of 15 Single Family Income units all rented ready for a new Portfolio Owner. The Sale will be a 1031 Exchange; Buyer to co-operate in a 1031 Exchange with Seller. Homes all rented with season 3bd/2ba Garage, large lots, all rented. CAP RATE 5% ( at Listed Sales Price) APN: 669361002,669381022, 024, 669384001, 002, 003, 005, 669394004, 005, 669391003,669395008, 010, 021, 669402005, 669412014
    Exterior Features

    Carport Spaces 2.00 Direction Faces West Foundation Details Slab Garage Spaces 2.00 Lot Features Rectangular LotPaved Parking Features DrivewayStreetOther Parking Total 6.00 Parking YN Yes Property Attached YN Yes Roof Composition Uncovered Spaces 2.00

    Interior Features

    Appliances Electric CookingGas CooktopGas CookingGas OvenGas RangeRefrigeratorGas Water HeaterWater Heater Appliances YN Yes Flooring Tile Heating Natural GasCentral Heating YN Yes Room Type Family RoomLiving RoomSee Remarks

    Property Features

    Additional Parcels Description 669361002669381022024669384001002003005669394004005669391003669395008010021669402005669412014 Additional Parcels YN Yes Cap Rate 4.90 Gross Income 252000.00 Gross Operating Income 203400.00 Improvements Amount 41603 Land Lease YN No Maintenance Percent 1.00 Net Operating Income 182400.00 Number Of Separate Electric Meters 15 Number Of Separate Gas Meters 15 Number Of Separate Water Meters 15 Number With Dishwasher 15 Number With Patio 15 Number With Range 15 Number With Refrigerator 15 Other Expense 0.00 Other Income1 0.00 Other Income2 0.00 Property Condition Updated/Remodeled Property Sub Type Single Family Residence Rent Control YN No Security Expense 0.00 Senior Community YN No Special Listing Conditions Standard Sprinklers YN No Subdivision Name Other Desert Gateway Highlands (5010) Supplies Expense 0.00 Tax Rate 1.19 Tenant Pays Cable TvElectricityGas Total Actual Rent 252000.00 Trash Expense 2700.00 Vacancy Allowance 1 Water Sewer Expense 12000.00 Year Built Source Assessor

    Listing provided courtesy of Amado Salinas II of Re/Max Desert Properties


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-20T23:31:00.64. 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 Keller Williams Realty. Licensed in the State of California, USA.

     
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