1889 N Cerritos, Palm Springs, CA 92262 (MLS# 41321639)

1889 N Cerritos, Palm Springs, CA 92262

$1,000,000
Property Type: Residential Income Bedrooms: 19 Baths: 14 Square Footage: 10,600 Lot Size (sq. ft.): 14,375 Status: Closed
Current Price: $1,000,000 List Date: 2/15/2008 Last Modified: 8/23/2024

Overview

Description

Bring All Offers!!! This 12-Unit Beauty and Cash Cow has been recently completely refurbished from floors to ceilings. Located in great neighborhood of Desert Park Estates and has views of the San Jacinto Mountains. Property has large enclosed pool with lounging areas. Each unit has separate meters for utilities and is 100% Occupied! Close to shopping and plenty of parking. Call for Private Showing....PLEASE, PLEASE do NOT disturb tenants....Thank you. Owner will carry $325,000 down at 6% interest only for 3-5 years. $4,625 a month, current role is just under $11,000. (Talk about Cash Cow!!)

Listing Details MLS# 41321639

General Property Information

Total Units
12
Total Bedrooms
19
Total Baths
14
Approx SqFt
10600
SqFt Source
Other
Lot Acres
0.33
Lot Size Source
Other
Year Built
1970
Price Per Unit
0

Property Features

Tenant Pays: Cable TV; Electricity; Gas Listing Terms: Owner Will Carry View Type: Canyon; Mountain(s); Pool Levels: Two Flooring: Carpet; Ceramic Tile Cooling Type: Air Conditioning Pool Description: Heated Heating Fuel: Wall Gas Rooms: Utility Sewer: In, Connected and Paid Water: Water District Land Lease Type: Fee Simple

Listing Location and Property Info

APN
501314001
Original List Price
1595000
Street #
1889
Street Direction
N
Street Name
Cerritos
County
Riverside
State
CA
Zip Code
92262
Area
331 - Palm Springs North End
Neighborhood
Ranch Club Estates

Status Change Info

Status Change Date
2009-05-18
Pending Date
2009-04-05
Closed Date
2009-05-15
Closed Price
1000000

Parking SpacesInformation

Total Parking Spaces
14

Listing, Location and Property Info

Entry Date
2008-08-29
Land Type
Fee
Builders Tract Code
4980

More Information

Income & Expenses

Actual Total Rent $
0
Annual Gross Rent $
0
Garage Income $
0
Gross Annual Income $
11150
Gross Income $
0
Gross Operating Income $
11150
Gross Schedule Income $
11150
Gross Spendable Income $
0
Laundry Income $
0
Net Operating Income $
10578.8
Other Income 1 $
0
Other Income 2 $
0
Advertising Expense $
0
Cable TV $
0
Electricity $
0
Elevator Expense $
0
Expense Management $
0
Furniture $
0
Gardener $
0
Gas $
0
Insurance $
0
Licenses $
0
Maintenance %
0
Manager $
0
Operating Expenses $
572
Other Expense $
0
Pest Control $
0
Pool Expense $
0
Repair/Maintenance %
0
Security Expense $
0
Supplies $
0
Total Annual Operating Expenses $
11150
Trash $
0
Water Expense $
0
Workers Compensation $
0
Assessed Improved %
0
Assessed Improvement $
0
Assessed Total Value $
0
Cap Rate %
0
Personal Property Percent %
0
Tax Rate %
0
Total Taxes $
0

Tenant Pays

Cable TV
Yes
Electricity
Yes
Gas
Yes

Listing Terms

Owner Will Carry
Yes

Parking Spaces/Information

Total Covered Spaces
0

View Type

Canyon
Yes
Mountain(s)
Yes
Pool
Yes

Levels

Two
Yes

Flooring

Carpet
Yes
Ceramic Tile
Yes

Cooling Type

Air Conditioning
Yes

Pool Description

Heated
Yes

Heating Fuel

Wall Gas
Yes

Rooms

Utility
Yes

Sewer

In, Connected and Paid
Yes

Water

Water District
Yes

Land Lease Type

Fee Simple
Yes
Listing Office: Desert Vista REALTORS
Listing Agent: Dane Skoff
Last Updated: August - 23 - 2024
Information deemed reliable but not guaranteed.
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