2050 S Camino Real, Palm Springs, CA 92264 (MLS# 41370499)

2050 S Camino Real, Palm Springs, CA 92264

$1,340,000
Property Type: Residential Income Square Footage: 20,000 Lot Size (sq. ft.): 42,253 Status: Closed
Current Price: $1,340,000 List Date: 6/25/2009 Last Modified: 8/23/2024

Overview

Description

Cameo Villa Apts - a Trophy property - plans to convert to condo.; 2) 14 deluxe, spacious units - 13 units are 2-bed/2-bath, 1,300 sq. ft. & 1 -1 bed., 850 ft.(27 bed. & 27 baths); 3) Building - @ 20,000 sq. ft., single story garden figure 8 design, pool, spa, gardens, lovely 4) 15 electric meter and 15 gas meters; built 1976, remodeled 2003; 5) One (1) acre of FEE LAND one-half block to golf course, three blocks to mountain; 6) Parking - 25 spaces, plans; 7) Possible seller financing with strong down, 8) Income - pro forma - $300,000 short term/seasonal rent, $200,000 long term; 9) Buyer to verify and to cooperate with seller's 1031; 10) Best location...Best Buydrive by

Listing Details MLS# 41370499

General Property Information

Total Units
14
Approx SqFt
20000
SqFt Source
Other
Lot Acres
0.97
Lot Size Source
Assessor
Year Built
1976
Price Per Unit
0

Property Features

Listing Terms: Submit Levels: One Pool Description: Heated Sewer: Unknown

Listing Location and Property Info

APN
511131018
Original List Price
2200000
Street #
2050
Street Direction
S
Street Name
Camino Real
County
Riverside
State
CA
Zip Code
92264
Area
334 - Palm Springs South End
Neighborhood
Twin Palms

Status Change Info

Status Change Date
2010-07-03
Pending Date
2010-06-21
Closed Date
2010-07-01
Closed Price
1340000

Parking SpacesInformation

Total Parking Spaces
41

Listing, Location and Property Info

Entry Date
2009-06-25
Builders Tract Code
Not in a Development

More Information

Income & Expenses

Actual Total Rent $
0
Annual Gross Rent $
0
Garage Income $
0
Gross Annual Income $
300000
Gross Income $
0
Gross Operating Income $
0
Gross Schedule Income $
300000
Gross Spendable Income $
0
Laundry Income $
0
Net Operating Income $
0
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 $
0
Other Expense $
0
Pest Control $
0
Pool Expense $
0
Repair/Maintenance %
0
Security Expense $
0
Supplies $
0
Total Annual Operating Expenses $
0
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

Listing Terms

Submit
Yes

Parking Spaces/Information

Total Covered Spaces
0

Levels

One
Yes

Pool Description

Heated
Yes

Sewer

Unknown
Yes
Listing Office: Ryan L. Call
Listing Agent: Ryan Call
Last Updated: August - 23 - 2024
Information deemed reliable but not guaranteed.

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