2980 E Ranchero Drive

    Palm Springs, CA 92262
    • $2,150,000
    • STATUS: Active Under Contract
    • ON SITE: 72 days
    • ID#: 17295986PS
    Under Contract
    $2,150,000
    • 0
      BEDS
    • 0.49
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,848
      SQFT
    • $443
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Ratings & Info

    Description

    Prime location off E Ramon Rd, this 8 unit single-level complex has been extensively remodeled and shows pride of ownership throughout. It totals 17 bedrooms and 10 bathrooms in nearly 5,000+/- SF. It is comprised of (2) 3BR/2BTH units, (5) 2 BR/1BTH units and a (1) 1BR/1BTH unit all with private patios and surrounding a community pool in a gated enclave. Off street parking for 12+ cars. Uses include apartment rentals, vacation rentals or converting it to a sober living home, senior living community or a possible condo conversion. Current owners utilize this as a family compound. As such there are no rental or expense histories. Zoned R-2. Projected rents estimated at $12K+ per month. Units have modern, high end kitchens/bathroom, tile flooring throughout, high ceilings, dual pane windows, washer/dryer in every unit and individual gas/electric meters. Complex backs to estate lots. This is a superior complex ready for your investment direction. Call listing agent for details

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-24T00:28:07.193. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.themarellygroup.com/homes/79373645

    2980 E Ranchero Drive Palm Springs, CA 92262

    • Price: $2,150,000
    • Status: Active Under Contract
    • ID#: 17295986PS
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.49
    Acres
    4,848
    SQFT
    $443
    $/SQFT
    1960
    Built
    Neighborhood:
    Not In A Development
    County:
    Riverside
    Area:
    332 - Central Palm Springs
    Property Description
    Prime location off E Ramon Rd, this 8 unit single-level complex has been extensively remodeled and shows pride of ownership throughout. It totals 17 bedrooms and 10 bathrooms in nearly 5,000+/- SF. It is comprised of (2) 3BR/2BTH units, (5) 2 BR/1BTH units and a (1) 1BR/1BTH unit all with private patios and surrounding a community pool in a gated enclave. Off street parking for 12+ cars. Uses include apartment rentals, vacation rentals or converting it to a sober living home, senior living community or a possible condo conversion. Current owners utilize this as a family compound. As such there are no rental or expense histories. Zoned R-2. Projected rents estimated at $12K+ per month. Units have modern, high end kitchens/bathroom, tile flooring throughout, high ceilings, dual pane windows, washer/dryer in every unit and individual gas/electric meters. Complex backs to estate lots. This is a superior complex ready for your investment direction. Call listing agent for details
    Exterior Features

    Entry Location Ground Level Lot Size Units Square Feet Parking Features Driveway - Concrete Parking YN Yes

    Interior Features

    Appliances Garbage DisposalRefrigeratorDishwasher Appliances YN Yes Flooring Tile Interior Features High Ceilings (9 Feet+) Laundry Features Washer IncludedDryer Included Levels One

    Property Features

    Gross Multiplier 0.00 Gross Operating Income 99.00 Land Lease YN No Laundry YN Yes Net Operating Income 99.00 Number Of Separate Electric Meters 8 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 1 Number With Dishwasher 8 Number With Patio 8 Number With Range 8 Number With Refrigerator 8 Security Features Gated Community Special Listing Conditions Standard Subdivision Name Other Not in A Development Total Expenses 99.00 Zoning R2

    Listing provided courtesy of Gil Rose of Homesmart Professionals.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-24T00:28:07.193. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    The Marelly Group | Realty One Group
    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003