73176 Santa Rosa Way

    Palm Desert, CA 92260
    • $340,925
    • STATUS: Closed
    • ON SITE: 159 days
    • ID#: 218005348DA
    Sold - 03/30/2018
    $340,925
    SOLD - 03/30/2018
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,128
      SQFT
    • $0
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1966
    County:

    School Ratings & Info

    Description

    This property is two detached units on one parcel each with its own address, 73-176 & 73-180 respectively. Both homes are occupied with long term tenants on month to month leases. Both tenants have occupied the property for more than 8 years. Santa Rosa Way is experiencing a renaissance with many homes either just being or in the process of being remodeled. This is a chance to own at a discount with tremendous upside potential. CAP rate at asking price is 5.2%.

    Sold by Matthew Longstreth of Baxley Properties Inc.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-22T07:29:06.213. 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/80709727

    73176 Santa Rosa Way Palm Desert, CA 92260

    • Price: $351,469
    • Status: Closed
    • Updated: 34 min ago
    • ID#: 218005348DA
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    2,128
    SQFT
    $0
    $/SQFT
    1966
    Built
    Neighborhood:
    Not Applicable-322
    County:
    Riverside
    Area:
    322 - North Palm Desert
    Property Description
    This property is two detached units on one parcel each with its own address, 73-176 & 73-180 respectively. Both homes are occupied with long term tenants on month to month leases. Both tenants have occupied the property for more than 8 years. Santa Rosa Way is experiencing a renaissance with many homes either just being or in the process of being remodeled. This is a chance to own at a discount with tremendous upside potential. CAP rate at asking price is 5.2%.
    Exterior Features

    Carport Spaces 0.00 Garage Spaces 0.00 Lot Size Source Assessor Parking Total 0.00 Pool Private YN No Spa YN No View YN No

    Interior Features

    Average Studio Area 0 Average1 Bed Area 0 Average2 Bed Area 1064 Average3 Bed Area 0 Fireplace YN No

    Property Features

    Association Amenities Other Cable Tv Expense 0.00 Cap Rate 0.00 Electric Expense 0.00 Fuel Expense 0.00 Furniture Replacement Expense 0.00 Garage Income 0.00 Gross Equity 0 Gross Income 0.00 Gross Multiplier 0.00 Gross Operating Income 0.00 Gross Scheduled Income 0.00 Gross Spendable Income 0.00 Improvements Amount 0 Improvements Percent 0.00 Insurance Expense 0.00 Land Lease Amount 0.00 Land Lease YN No Land Value 0 Land Value Percent 0.00 Laundry Income 0.00 Licenses Expense 0.00 Maintenance Expense 0.00 Maintenance Percent 0.00 Net Operating Income 0.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 0 Number With Dishwasher 0 Number With Disposal 0 Number With Patio 0 Number With Range 0 Number With Refrigerator 0 Operating Expense 0.00 Operating Expense Percent 0.00 Other Expense 0.00 Other Income1 0.00 Other Income2 0.00 Personal Property Amount 0 Personal Property Percent 0.00 Pest Control Expense 0.00 Pool Expense 0.00 Professional Management Expense 0.00 Security Expense 0.00 Sold Cap Rate 0.00 Special Listing Conditions Standard Subdivision Name Other Not Applicable-322 Supplies Expense 0.00 Tax Rate 0.00 Taxes Percent 0.00 Total Actual Rent 0.00 Total Expenses 0.00 Trash Expense 0.00 Vacancy Allowance 0 Vacancy Allowance Rate 0.00 Walk Score 0 Water Sewer Expense 0.00 Workmans Compensation Expense 0.00

    Listing provided courtesy of Matthew Longstreth of Baxley Properties Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-22T07:29:06.213. 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.
     
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    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003