1800 Smoke Tree Lane, Palm Springs, CA 92264 (MLS# 21407831)

1800 Smoke Tree Lane, Palm Springs, CA 92264

$1,900,000
Property Type: Residential Income Baths: 12 Square Footage: 18,000 Lot Size (sq. ft.): 143,312 Status: Closed
Current Price: $1,900,000 List Date: 9/13/2010 Last Modified: 11/05/2024

Overview

Description

This property is a unique real estate developmentlocated in one of the best locations in Palm Springs. Smoke Tree is a 53 unit complex contained in 7 one story buildings beautifully planned around gardens, a pool, and spa. There are 51 Studio 1 Ba, and 2 1 Bed 1Ba units. Owner will finance to qualified Buyer on terms acceptable to seller. Buyer to verify building sq. footage. (fig shown is estimate)

Listing Details MLS# 21407831

General Property Information

Total Units
53
Full Baths
12
Total Baths
12
Approx SqFt
18000
SqFt Source
Other
Price Per Unit
40566
Fireplace
No
Pool
Yes
Lot Acres
3.29
Lot Size Source
Assessor
Year Built
1976

Property Features

Listing Terms: Cash; Owner May Carry Possession: Close Of Escrow View Type: Mountain(s) Levels: One Cooling Type: Air Conditioning Pool Description: Heated Roofing: Other Sewer: In, Connected and Paid Water: Water District

Listing Location and Property Info

APN
510020031
Original List Price
2150000
Street #
1800
Street Name
Smoke Tree
Street Suffix
Lane
County
Riverside
State
CA
Zip Code
92264
Area
334 - Palm Springs South End

Listing Info

Number of Buildings
7

Status Change Info

Status Change Date
2011-01-26
Pending Date
2011-01-19
Closed Date
2011-01-21
Closed Price
1900000

Listing, Location and Property Info

Entry Date
2010-09-13
Builders Tract Code
NA-334

More Information

Property Info

View
Yes

Income & Expenses

Gross Annual Income $
467244
Gross Operating Income $
430222
Gross Schedule Income $
467244
Net Operating Income $
187530
Operating Expenses $
242692
Total Annual Operating Expenses $
242692
Cap Rate %
9
Tax Rate %
1

Listing Terms

Cash
Yes
Owner May Carry
Yes

Possession

Close Of Escrow
Yes

View Type

Mountain(s)
Yes

Levels

One
Yes

Cooling Type

Air Conditioning
Yes

Pool Description

Heated
Yes

Roofing

Other
Yes

Sewer

In, Connected and Paid
Yes

Water

Water District
Yes
Listing Office: Jack Cretney & Associates
Listing Agent: Jack Cretney
Last Updated: November - 05 - 2024
Information deemed reliable but not guaranteed.

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