$957,500
$995,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
72759 Sierra Vista RD Palm Desert, CA 92260
8,712 Sqft Lot
Key Details
Sold Price $957,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-1
MLS Listing ID 219095841DA
Sold Date 06/29/23
HOA Y/N No
Year Built 1957
Lot Size 8,712 Sqft
Property Description
A rare opportunity to purchase a value-add triplex/3 unit apartment complex in central Palm Desert. This triplex features (2) 1 bedroom/1 bathroom units and (1) studio unit. The property is 100% occupied at market rents. The building has been fully remodeled exterior and interior of units. Walking distance to all the main retail in Palm Desert Trader Joe's, Palm Desert Mall, Whole Foods, and College of The Desert. The sale comes with a full set of approved/stamped/shovel ready ADU plans for a 2 bedroom/1bathroom ADU. The ADU gives an investor the ability to increase the current cash flow and make the property a 4 unit asset. Please call to request a copy of the full offering package with financials. Please do not disturb tenants property is 100% occupied.
Location
State CA
County Riverside
Area 322 - North Palm Desert
Zoning R-2
Interior
Flooring Vinyl
Fireplace No
Appliance Water Heater
Exterior
Parking Features Attached Carport, Driveway, Oversized, On Street, Unassigned
Carport Spaces 1
View Y/N Yes
View Mountain(s)
Total Parking Spaces 4
Private Pool No
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 640132001
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
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Bought with Wade Wright • eXp Realty of California Inc