2980 E RANCHERO Drive, Palm Springs, CA 92262 (MLS# 17295986)

2980 E RANCHERO Drive, Palm Springs, CA 92262

$1,905,000
Property Type: Residential Income Bedrooms: 17 Baths: 10 Square Footage: 4,848 Lot Size (sq. ft.): 21,371 Status: Closed
Current Price: $1,905,000 List Date: 12/13/2017 Last Modified: 8/22/2024

Overview

Description

Prime location off E Ramon Rd, this 8 unit single-level complex has been extensively remodeled and shows pride of ownership throughout. It totals 17 bedrooms and 10 bathrooms in nearly 5,000+/- SF. It is comprised of (2) 3BR/2BTH units, (5) 2 BR/1BTH units and a (1) 1BR/1BTH unit all with private patios and surrounding a community pool in a gated enclave. Off street parking for 12+ cars. Uses include apartment rentals, vacation rentals or converting it to a sober living home, senior living community or a possible condo conversion. Current owners utilize this as a family compound. As such there are no rental or expense histories. Zoned R-2. Projected rents estimated at $12K+ per month. Units have modern, high end kitchens/bathroom, tile flooring throughout, high ceilings, dual pane windows, washer/dryer in every unit and individual gas/electric meters. Complex backs to estate lots. This is a superior complex ready for your investment direction. Call listing agent for details

Supplements: is one gas and electric meter serving the common areas and one main water meter at the street.

Listing Details MLS# 17295986

General Property Information

Total Units
8
Total Bedrooms
17
Total Baths
10
Approx SqFt
4848
SqFt Source
Other
Building # of Stories
Yes
Pool
No
Lot Acres
0.49
Lot Size Source
Other
Year Built
1960

Property Features

Sale Type: Standard Levels: Ground; One Appliances: Dishwasher; Dryer; Refrigerator; Washer Flooring: Ceramic Tile Cooling Type: Air Conditioning Heating: Central Security Safety: Gated Community Sewer: In, Connected and Paid Land Lease Type: Fee Simple

Listing Location and Property Info

APN
502252006
Original List Price
2150000
Street #
2980
Street Direction
E
Street Name
RANCHERO
Street Suffix
Drive
County
Riverside
State
CA
Zip Code
92262
Area
332 - Palm Springs Central
Neighborhood
Gateway

Listing Info

Number of Buildings
Yes
Laundry
Yes
Laundry Equipment
Own

Status Change Info

Status Change Date
2018-05-18
Pending Date
2018-02-19
Closed Date
2018-05-18
Closed Price
1905000

Counts

# Electric Meters
8
# Gas Meter
8
# of Dishwashers
8
# of Patios
8
# of Ranges
8
# of Refrigerators
8
# Water Meters
Yes

More Information

Parking SpacesInformation

Total Parking Spaces
12

Listing, Location and Property Info

Entry Date
2017-12-13
Land Type
Fee
Builders Tract Code
Not in a Development

Income & Expenses

Gross Income $
99
Gross Operating Income $
99
Net Operating Income $
99
Total Annual Operating Expenses $
99
Vacancy Allowance % or $
99

Sale Type

Standard
Yes

Levels

Ground
Yes
One
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Refrigerator
Yes
Washer
Yes

Flooring

Ceramic Tile
Yes

Cooling Type

Air Conditioning
Yes

Heating

Central
Yes

Security Safety

Gated Community
Yes

Sewer

In, Connected and Paid
Yes

Land Lease Type

Fee Simple
Yes
Listing Office: HomeSmart
Listing Agent: Gil L Rose
Last Updated: August - 22 - 2024
Information deemed reliable but not guaranteed.
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