45601 Monroe Street, Indio, CA 92201 (MLS# 214012923)

45601 Monroe Street, Indio, CA 92201

$1,950,000
Property Type: Residential Income Bedrooms: 63 Baths: 40 Square Footage: 33,444 Lot Size (sq. ft.): 74,488 Status: Closed
Current Price: $1,950,000 List Date: 4/07/2014 Last Modified: 11/17/2024

Overview

Description

Fantastic investment opportunity in the heart of Indio, California! Huge complex with 33 rentable units, 91% two bedrooms: SIXTEEN 2br/1ba (plus patio), SEVEN 2br/1ba (plus patio), SEVEN 2br/2ba (plus carport & patio above carport), ONE 1br/1ba, TWO studios. Building offers approx. 33,444 sq. ft. of net rentable area, with average unit size a whopping 984 sq. ft.! Property amenities include a 200 sq. ft. property management office, a storage room, and TWO revenue-generating laundry rooms. Sparkling 20 ft. x 40 ft. safety-fenced swimming pool in the complex courtyard. Property exterior completely repainted in March 2014. Individual suites being renovated with fresh paint and newer appliances upon tenant turnover. Offers 32 covered parking stalls, plus additional open spaces. Property is very centrally located, just half block from Indio Plaza Shopping Center, and near Indio Fashion Mall & Tyselling shopping center. Close to Indio High School and Indio Teen Center.

Listing Details MLS# 214012923

General Property Information

Total Units
33
Total Bedrooms
63
Full Baths
40
Total Baths
40
Approx SqFt
33444
SqFt Source
Other
Price Per Unit
68939
Fireplace
No
Pool
Yes
Lot Acres
1.71
Lot Size Source
Assessor
Cross Streets
One block north of Hwy 111, on Monroe

Property Features

Owner Pays: Gardener; Pool Service; Water Tenant Pays: Electricity Sale Type: Standard Listing Terms: Cash; Cash to New Loan; Conventional Possession: Close Of Escrow Lot Description: Landscaped; Lawn; Level Lot Location: Near Public Transit View Type: Mountain(s); Pool Property Condition: Updated/Remodeled Disclosures: Property As Is Levels: Two Cooling Type: Air Conditioning; Central Air Pool Location: Community Pool Construction: In Ground Heating: Forced Air TV Services: Cable TV Roofing: Composition; Shingle Sewer: In, Connected and Paid Road Surface Type: Alley Paved; Paved Land Lease Type: Fee Simple

Listing Location and Property Info

APN
608230016
Original List Price
2275000
Street #
45601
Street Name
Monroe
Street Suffix
Street
County
Riverside
State
CA
Zip Code
92201
Area
311 - Indio Central

Listing Info

Number of Buildings
4

Tax Info

Tax Mello Roos
Unknown

Status Change Info

Status Change Date
2014-08-01
Pending Date
2014-07-31
Closed Date
2014-08-01
Closed Price
1950000

More Information

Counts

# Electric Meters
33

Listing, Location and Property Info

Entry Date
2014-04-07
Land Type
Fee

Property Info

View
Yes

Owner Pays

Gardener
Yes
Pool Service
Yes
Water
Yes

Tenant Pays

Electricity
Yes

Sale Type

Standard
Yes

Road Surface Type

Alley Paved
Yes
Paved
Yes

Listing Terms

Cash
Yes
Cash to New Loan
Yes
Conventional
Yes

Possession

Close Of Escrow
Yes

Lot Description

Landscaped
Yes
Lawn
Yes
Level
Yes

Lot Location

Near Public Transit
Yes

View Type

Mountain(s)
Yes
Pool
Yes

Property Condition

Updated/Remodeled
Yes

Disclosures

Property As Is
Yes

Levels

Two
Yes

Cooling Type

Air Conditioning
Yes
Central Air
Yes

Pool Location

Community
Yes

Pool Construction

In Ground
Yes

Heating

Forced Air
Yes

TV Services

Cable TV
Yes

Roofing

Composition
Yes
Shingle
Yes

Sewer

In, Connected and Paid
Yes

Land Lease Type

Fee Simple
Yes
Listing Office: Bennion Deville Homes
Listing Agent: Beckloff Dye Associates
Last Updated: November - 17 - 2024
Information deemed reliable but not guaranteed.
Search powered by FBS Products
Scroll to Top

Terms and Conditions