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    83405 Date Avenue

    Indio, CA 92201
    • $1,800,000
    • STATUS: Active
    • ON SITE: 25 days
    • ID#: DW20200810
    UPDATED: 197 min ago
    $1,800,000
    • 0
      BEDS
    • 0.8
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 12,000
      SQFT
    • $150
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1996
    County:

    School Ratings & Info

    Description

    Investors delight!! 12 unit income property consisting of all 3 bedroom / 1 bath units. 11 units are two story townhome style units with their own second story balcony. 1 unit is a detached 1 story home offering privacy of its own. Each unit is approximately 1,000 sq. ft in size with two assigned parking spaces inside of the property. Central AC / Heat in every unit + most units have washer & drier hook ups in their unit. Property is located in a prime location in the City of Indio, across the street from a park and within driving distance of a major highway and shopping centers. Built in 1996 and well maintained with very little maintenance required.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-21T00:29:00.26. 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/110404984
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    83405 Date Avenue Indio, CA 92201

    • Price: $1,800,000
    • Status: Active
    • Updated: 197 min ago
    • ID#: DW20200810
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.8
    Acres
    12,000
    SQFT
    $150
    $/SQFT
    1996
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Riverside
    Area:
    699 - Not Defined
    Property Description
    Investors delight!! 12 unit income property consisting of all 3 bedroom / 1 bath units. 11 units are two story townhome style units with their own second story balcony. 1 unit is a detached 1 story home offering privacy of its own. Each unit is approximately 1,000 sq. ft in size with two assigned parking spaces inside of the property. Central AC / Heat in every unit + most units have washer & drier hook ups in their unit. Property is located in a prime location in the City of Indio, across the street from a park and within driving distance of a major highway and shopping centers. Built in 1996 and well maintained with very little maintenance required.
    Exterior Features

    Carport Spaces 6.00 Garage Spaces 0.00 Lot Features Corner LotFront YardGardenLot 20000-39999 Sqft Lot Size Source Assessor Lot Size Units Square Feet Parking Features CarportUncovered Parking Total 12.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Uncovered Spaces 6.00

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area 1000 Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Flooring Tile Laundry Features Gas Dryer HookupInsideWasher Hookup Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 7.35 Community Features SidewalksStorm DrainsStreet Lights Country Us Electric Expense 720.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 1800.00 Gross Income 178200.00 Gross Multiplier 10.10 Gross Operating Income 178200.00 Gross Scheduled Income 178200.00 Insurance Expense 4104.00 Land Lease YN No Laundry YN Yes Licenses Expense 350.00 Maintenance Expense 3210.00 Net Operating Income 132384.00 New Construction YN No New Taxes Expense 25200.00 Number Of Separate Electric Meters 12 Number Of Separate Gas Meters 12 Number Of Separate Water Meters 3 Number Of Units Leased 12 Operating Expense 45815.00 Pest Control Expense 1500.00 Professional Management Expense 0.00 Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Total Actual Rent 178200.00 Total Expenses 45815.00 Trash Expense 2760.00 Water Sewer Expense 6720.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Guillermo Durell of Homesmart, Evergreen Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-21T00:29:00.26. 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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