Search -

2400 N Junipero Avenue, Palm Springs, CA 92262

$1,335,000

Property Type: Residential Income Square Footage: 7,827 Lot Size (sq. ft.): 38,333 Status: Closed

Current Price: $1,335,000 List Date: 11/04/2013 Last Modified: 11/17/2024

Overview

Description

$204,000 Price Reduction! Very Motivated Seller. Charming remodeled Spanish 13 unit apartment building with stunning views of the San Jacinto mountain range. Property is on nearly 1 acre consisting of (3) 2 bedroom, (6) 1 bedroom and 4 studios. Seller has invested $247K in property renovations including new SS appliances, heating/AC units, cabinet refinishing, base and crown moldings, tile flooring, exterior painting, pool upgrade, laundry room and equipment, rear yard fencing and landscape improvements to name a few. Good upside rent potential. Great location for future COD campus students. Meticulously maintained property, several units have private backyards or patio. Focal point of property is pool with wrap around covered patio, lush outdoor mature landscaping including numerous palm trees. This is an excellent business opportunity as the market improves.

Listing Details MLS# 213002230

General Property Information

Total Units: 13
Approx SqFt: 7827
SqFt Source: Other
Price Per Unit: 99615
Fireplace: No
Pool: Yes
Lot Acres: 0.88
Lot Size Source: Other
Year Built: 1958
Cross Streets: N. Palm Canyon Drive at W. Via Olivera

Property Features

Owner Pays: Water Tenant Pays: Cable TV Sale Type: Standard Listing Terms: Cash to New Loan Possession: Close Of Escrow Lot Description: Landscaped; Yard View Type: Mountain(s) Property Orientation Faces: Front Door Faces West Property Condition: Updated/Remodeled Building Style: Spanish Levels: One Entry Location: Ground Level w/Steps Exterior Construction: Block Foundation: Concrete Block Cooling Type: Heat Pump Pool Location: Community Pool Accessories: Safety Fence; Safety Gate Pool Construction: In Ground Heating: Heat Pump TV Services: Cable TV Window Treatments: Blinds Roofing: Composition; Shingle; Tile Sewer: In, Connected and Paid Land Lease Type: Fee Simple

Listing Location and Property Info

APN: 504224016
Original List Price: 1499000
Street #: 2400
Street Direction: N
Street Name: Junipero
Street Suffix: Avenue
County: Riverside
State: CA
Zip Code: 92262
Area: 331 - Palm Springs North End

Listing Info

Number of Buildings: 3
School District: Palm Springs Unified

Tax Info

Tax Mello Roos: No

Status Change Info

Status Change Date: 2014-04-29
Pending Date: 2014-04-18
Closed Date: 2014-04-28
Closed Price: 1335000

More Information

Counts

# Electric Meters: 14
# Gas Meter: 5
# Water Meters: 2

Listing, Location and Property Info

Entry Date: 2013-11-04
Land Type: Fee

Property Info

View: Yes

Income & Expenses

Annual Gross Rent $: 114995.49
Gross Annual Income $: 116842.23
Laundry Income $: 1696.74
Advertising Expense $: 167.72
Cable TV $: 2419
Electricity $: 2799
Gas $: 1889
Insurance $: 2982.25
Operating Expenses $: 54166.28
Pest Control $: 1021
Trash $: 1662.25
Water Expense $: 2742.34

Owner Pays

Water: Yes

Tenant Pays

Cable TV: Yes

Sale Type

Standard: Yes

Listing Terms

Cash to New Loan: Yes

Possession

Close Of Escrow: Yes

Lot Description

Landscaped: Yes
Yard: Yes

View Type

Mountain(s): Yes

Property Orientation Faces

Front Door Faces West: Yes

Property Condition

Updated/Remodeled: Yes

Building Style

Spanish: Yes

Levels

One: Yes

Entry Location

Ground Level w/Steps: Yes

Exterior Construction

Block: Yes

Foundation

Concrete Block: Yes

Cooling Type

Heat Pump: Yes

Pool Location

Community: Yes

Pool Accessories

Safety Fence: Yes
Safety Gate: Yes

Pool Construction

In Ground: Yes

Heating

Heat Pump: Yes

TV Services

Cable TV: Yes

Window Treatments

Blinds: Yes

Roofing

Composition: Yes
Shingle: Yes
Tile: Yes

Sewer

In, Connected and Paid: Yes

Land Lease Type

Fee Simple: Yes

Listing Office: Bennion Deville Homes

Listing Agent: Scott Jim Homes Team

Last Updated: November - 17 - 2024

Information deemed reliable but not guaranteed.

760.799.7770