Seller Financing Offered! 4-Unit Property with four 2-bd/2-ba units, each with inside laundry and individual single car garages. The architecture is a fun mix of Mid Century Modern and Moroccan. Known as the Royal Palms and featured in Palm Springs life many years ago. Property consists of two tax parcels, both included in this sale. Please ask for an Income and Expense Statement and Rent Roll, both current and projected. Rents are currently below market value; projected market rents produce a CAP rate of 6.78%. The owner is very interested in offer seller financing. Terms are very reasonable. Please inquire.

  • MLS# 218020422DA
  • Sub-Type Resale
  • Status Pending - Show
  • Year 1966
  • Days On Site 10
SQ Feet 6,552
Units 4
Building(s) 1
Listing Provided By:
Doug Fischer  of  Coldwell Banker Res. Brokerage
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
this listing $890,000
158.72%
$344,000 in 92260
this listing 6,552 SqFt
314.95%
1,579 SqFt in 92260
this listing $136 $/SqFt
37.65%
$218 $/SqFt in 92260
this listing 10 on site
9.09%
11 on site in 92260

Location

State CA
County Riverside
City Palm Desert
Zip Code 92260
Area 322 - North Palm Desert

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