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540 S Highland Drive

Palm Springs, CA 92264
  • $3,975,000
  • STATUS: Active
  • ON SITE: 25 Days
  • ID#: 219069735DA
UPDATED: 62 min ago
$3,975,000
  • 0
    BEDS
  • 0.69
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1957
County:

School Ratings & Info

Listing provided courtesy of Steve Remball of Desert Real Estate

Description

3 Separate Parcels Sold Together. Three Main Buildings Containing -15- unit Mid - Century Patio Apartments. Renovated with little to no physical obsolescence. Listing Map May Only Show 1 Parcel, however there are -3- Separate Parcels. 003-004 & 005 with over -15- parking spaces.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-11-26T17:26:27.237. 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 The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
www.themarellygroup.com/homes/122924624
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540 S Highland Drive Palm Springs, CA 92264

  • Price: $3,975,000
  • Status: Active
  • On Site: 25 Days
  • Updated: 62 min ago
  • ID#: 219069735DA
0
Beds
0
Baths
0
½ Baths
0.69
Acres
1957
Built
Neighborhood:
Demuth Park
County:
Riverside
Area:
334 - South End Palm Springs
Property Description
3 Separate Parcels Sold Together. Three Main Buildings Containing -15- unit Mid - Century Patio Apartments. Renovated with little to no physical obsolescence. Listing Map May Only Show 1 Parcel, however there are -3- Separate Parcels. 003-004 & 005 with over -15- parking spaces.
Exterior Features

Carport Spaces 0 Foundation Details Slab Lot Features 2-5 Units/AcreLandscapedNear Public TransitPaved Number Of Separate Electric Meters 15 Open Parking Spaces 15 Parking Features AssignedOtherSide By Side Parking Total 16 Pool Features GuniteIn Ground Pool Private YN No Property Attached YN Yes Roof CompositionFlat View Mountain(S) View YN Yes

Interior Features

Appliances Gas Water HeaterWater Heater Cooling Central Air Cooling YN Yes Fireplace Features Living RoomSee Remarks Fireplace YN Yes Flooring Tile Heating CentralFireplace(S) Heating YN Yes Interior Features Beamed CeilingsBlock Walls

Property Features

Additional Parcels YN Yes Community Features Gated Garage YN Yes Gross Scheduled Income 199800 Insurance Expense 8617 Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash1031 Exchange Number Of Separate Gas Meters 15 Number Of Separate Water Meters 3 Number Of Units Leased 15 Possession Close Of Escrow Property Condition Updated/Remodeled Rent Control YN No Security Features Gated CommunitySecurity Lights Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 174420 Trash Expense 2304 Water Sewer Expense 3000



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-11-26T17:26:27.237. 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 The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
 
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The Marelly Group | Sentry Residential
5256 South Mission Rd, Suite 1006
Bonsall CA, 92003
Listing provided courtesy of Steve Remball of Desert Real Estate