Greg Malik Real Estate
74630 Shadow Hills Road
Palm Desert, CA 92260

$1,665,000

Description

​8-Unit Property with Pool at ​74630 Shadow Hills Rd in South Palm Desert:​ ​Eight 2-bd/2-ba units, pool​ and carports ​situated on 0.61 acres. Buildings consist of 4 duplex buildings with single level units ground floor and second floor in each building. Property to be sold in as is condition. Please inquire for details including Income-Expense Statement and Rent Roll, both current and projected. Rents are currently below market value; projected market rents produce a CAP rate of 5.21%.

Details

MLS#218017352DA
Sub-TypeResale
StatusActive
Year0
Days On Site11

Features

Units8
Building(s)1

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Area Information

StateCA
CountyRiverside
CityPalm Desert
Zip Code92260
Area323 - South Palm Desert
Listing VS Median (in 92260)
Price:
$1,665,000
low | high
Med:
$344,000
100% of Average
On Site:
11
low | high
Med:
11
100% of Average
Listing Updated: 01/15/2019
MLS Number: 218017352DA
Listing Provided By:
Doug Fischer  of  Coldwell Banker Res. Brokerage
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