Palm Desert, CA 92260 73282 Ca-111
$729,950
Pending
3 more
Presented By: Steven Mogavero with Desert Properties of Coachella Valley;
Year Built • 1952
Home Details
Leased investment being sold for lot value. Building . currently set up with retail/office/service businesses. Total of 7 suites, with 3 tenants occupying 5 of these suites( 2 are vacant), and currently generating total of $3700/month. 2 suites on the street, others are in courtyard type setting. 2 bathrooms. Huge rear parking lot with 14+ parking spots. Same owners for 20+ years realize there is a lot of deferred maintenance, and have priced this accordingly. All current tenants are on month-to-month or their lease is up June of this year. Great for an owner user, looking to develop in the future -If fully leased, this would perform at approx. a 6 CAP with new taxes, insurance , etc.
Presented By: Steven Mogavero with Desert Properties of Coachella Valley;
Interior Features for 73282 Ca-111
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
General for 73282 Ca-111
Additional Parcels Y/NNo
Attached Garage No
Business TypeRetail
Carport Y/NNo
CityPalm Desert
CountyRiverside
Directionsgoogle
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet6098.0
Lot Size UnitsSquareFeet
MLS Area322 - North Palm Desert
MobileHomeRemainsYNNo
New ConstructionNo
Property Attached Y/NNo
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Waterfront Y/NNo
Year Built1952
ZoningC-1/C-P
Exterior for 73282 Ca-111
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.14
Lot Size Area6098.0
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking0.0
Additional Details
Price History
Keegan Cin
Team Lead
