Keegan Cin | Realtor® | License # DRE 01971604

Property

Palm Springs, CA 92262 343 W Tramview Road

343 W Tramview Road Palm Springs, CA - Image 1343 W Tramview Road Palm Springs, CA - Image 2343 W Tramview Road Palm Springs, CA - Image 3
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343 W Tramview Road Palm Springs, CA - Image 4343 W Tramview Road Palm Springs, CA - Image 5343 W Tramview Road Palm Springs, CA - Image 6343 W Tramview Road Palm Springs, CA - Image 7343 W Tramview Road Palm Springs, CA - Image 8343 W Tramview Road Palm Springs, CA - Image 9343 W Tramview Road Palm Springs, CA - Image 10343 W Tramview Road Palm Springs, CA - Image 11343 W Tramview Road Palm Springs, CA - Image 12343 W Tramview Road Palm Springs, CA - Image 13343 W Tramview Road Palm Springs, CA - Image 14343 W Tramview Road Palm Springs, CA - Image 15343 W Tramview Road Palm Springs, CA - Image 16343 W Tramview Road Palm Springs, CA - Image 17343 W Tramview Road Palm Springs, CA - Image 18
Presented By: Tony Burton with Burton Commercial, Inc.; 951-375-7433
  • MLS# SW25057294
  • 03/15/2025
  • Request Tour
  • Request Info
  • Beds • 8
  • Baths • 1
  • SQFT • 3,200
  • Year Built • 1965

Home Details

OWNER WILL CARRY!!! This fine 4Plex is located just off Highway 111, and just five minutes from downtown Palm Springs including tenant convenience shopping! These are really nice units that have been fixed up inside and out. SELLER WILL PROVIDE FINANCING WITH ONLY $250,000 DOWN!!! Seller is motivated to sell and therefore has given a major price reduction of $150,000!! Please note that after this price reduction, THIS IS BY FAR THE BEST PRICED PALM SPRINGS 4PLEX OFFERING IN SEVERAL YEARS!!! These units consists of four 2 bedroom 1 bath apartments. Units include upgraded interiors and kitchen appliances. Units have separate gas and electric meters that that tenants sign up and pay for. All units have air conditioning. Seller pays water and trash. These units really perform and at market rents are putting out $95,760 annual gross income, a 9.71 Gross Rent Multiplier, a 8.92% Cap Rate, and a robust 17.37% Cash on Cash Return. For rent roll and income/expense details, PLEASE SEE SUPPLEMENTS attached. Buyer/Buyer's agent to provide all their required disclosures, and provide and pay for all TC services for Buyer and Seller including all documents including through DocuSign.
Presented By: Tony Burton with Burton Commercial, Inc.; 951-375-7433

Interior Features for 343 W Tramview Road

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesInside
Total Stories1

Other Rooms

Entry Level1

General for 343 W Tramview Road

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityPalm Springs
Community FeaturesGutters
CountyRiverside
DirectionsHwy 111 to Tramview
Electric Expense0.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income0.0
HOANo
HOA Fee$0.0
HeatingNone
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashToNewLoan
Lot Size Square Feet7405.0
Lot Size UnitsSquareFeet
MLS Area331 - North End Palm Springs
MobileHomeRemainsYNNo
Net Operating Income0.0
New ConstructionNo
Number Of Units Total4
Operating Expense0.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Subdivision NameTranview
Tax Lot288
Trash Expense0.0
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1965
Year Built SourceAssessor
ZoningRGA

Exterior for 343 W Tramview Road

Building Area Total3200.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre
Lot Size Acres0.17
Lot Size Area7405.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic

Additional Details

Price History

Alexandra Eston

Sales Associate
Price $930,000
MLS#SW25057294
List Date 03/15/2025
Property Type Multi-Family
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