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  • Listing Price: $995,000
    Beds: 14  |  Baths: 7
    • MLS#: 19-426790PS
    • APN#: 502-171-003
    • Status: Active
    • Lot Size: 13459
    • Sq Ft: 5950
    • Beds: 14
    • Baths: 7
    • Style: N/A
    • Year Built: N/A
    • Subdivision: Not in a Development 
    • Roof: N/A
    • Spa: N/A
    • Tennis: N/A
    • Laundry: N/A
    • Heat: Central
    • Air: Central
    • Open House: N/A
    • Property Type: Income
    • Sale Type: Standard
    • Land Type: Fee
    • Lease Amount: N/A
    • Lease Exp: N/A
    • HOD: N/A
    • Area: Palm Springs Central 
    • City: PALM SPRINGS
    • Zip code: 92262
    • Map: N/A
    • View: N/A
    • Waterfront: N/A
    • Sewer: N/A
    • Parking # 10
    • Security: N/A
    • Amenities: N/A
    • Pool:
    • Floor: N/A
    • Rooms: N/A
    • Fireplace: N/A
    • Parking: Driveway - Combination

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7 unit bedroom in prime rental location on Tahquitz. Nearby Palm Springs airport, Palm Springs City Hall and many retail and other business. Professionally managed since purchased, all seven units are rented with minimal vacancy in the past few years. Significant improvements made to two units, as well as facade improvements to landscaping, exterior painting and lighting. Capital expenditures include roofing and central AC units. Rare opportunity for multifamily units in central Palm Springs location. Further potential for next owner to continue renewing lease with rental increases. Conservatively rented for the past two years, all units have two bedrooms and one bathrooms. Highest priced unit rents for $1075 and lowest priced unit rents for $895.
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Last Updated: 4/18/2019 8:08:34 AM
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