487 W Arenas, 8, Palm Springs, CA 92262 (MLS# 41195446)

487 W Arenas, 8, Palm Springs, CA 92262

$1,200,000
Property Type: Residential Income Bedrooms: 9 Baths: 9 Status: Closed
Current Price: $1,200,000 List Date: 10/29/2004 Last Modified: 8/22/2024

Overview

Description

Great 8 Units around a pool all with Mt. views Great tenants in the best area of Palm Springs Tennis Club Area Walk to downtown One Block to Mountain. 1 2bd/2ba, 1 lg 1bd/1ba, 4 lg studios 2 sm studios.

Listing Details MLS# 41195446

General Property Information

Total Units
8
Total Bedrooms
9
Total Baths
9
SqFt Source
Other
Lot Size Source
Assessor
Year Built
1950
Price Per Unit
0

Property Features

Tenant Pays: Cable TV Listing Terms: Cash Possession: Close Of Escrow View Type: Canyon; Hills; Mountain(s); Panoramic Levels: Two Flooring: Carpet; Ceramic Tile; Vinyl Cooling Type: Air Conditioning Pool Description: Heated Heating: Forced Air Laundry: Community Water: Water District Land Lease Type: Fee Simple

Listing Location and Property Info

APN
513133001
Original List Price
1222000
Street #
487
Street Direction
W
Street Name
Arenas
County
Riverside
State
CA
Zip Code
92262
Area
332 - Palm Springs Central
Neighborhood
Historic Tennis Club

Listing Info

Laundry
Yes

Status Change Info

Status Change Date
2005-07-28
Pending Date
2005-06-29
Closed Date
2005-07-28
Closed Price
1200000

Counts

# of Ranges
8
# of Refrigerators
8

More Information

Parking SpacesInformation

Total Parking Spaces
5

Listing, Location and Property Info

Entry Date
2004-10-29
Land Type
Fee
Unit #
8
Builders Tract Code
5860

Income & Expenses

Actual Total Rent $
0
Annual Gross Rent $
0
Garage Income $
0
Gross Annual Income $
71400
Gross Income $
0
Gross Operating Income $
61980
Gross Schedule Income $
71400
Gross Spendable Income $
0
Laundry Income $
0
Net Operating Income $
33023
Other Income 1 $
0
Other Income 2 $
0
Advertising Expense $
0
Cable TV $
0
Electricity $
8960
Elevator Expense $
0
Expense Management $
0
Furniture $
0
Gardener $
840
Gas $
1120
Insurance $
1573
Licenses $
250
Maintenance %
0
Manager $
0
Operating Expenses $
28957
Other Expense $
0
Pest Control $
0
Pool Expense $
1200
Repair/Maintenance %
0
Security Expense $
0
Supplies $
0
Total Annual Operating Expenses $
61980
Trash $
840
Water Expense $
974
Workers Compensation $
0
Assessed Improved %
0
Assessed Improvement $
0
Assessed Total Value $
0
Cap Rate %
3
Personal Property Percent %
0
Tax Rate %
0
Total Taxes $
0

Tenant Pays

Cable TV
Yes

Listing Terms

Cash
Yes

Possession

Close Of Escrow
Yes

Parking Spaces/Information

Total Covered Spaces
0

View Type

Canyon
Yes
Hills
Yes
Mountain(s)
Yes
Panoramic
Yes

Levels

Two
Yes

Flooring

Carpet
Yes
Ceramic Tile
Yes
Vinyl
Yes

Cooling Type

Air Conditioning
Yes

Pool Description

Heated
Yes

Heating

Forced Air
Yes

Laundry

Community
Yes

Water

Water District
Yes

Land Lease Type

Fee Simple
Yes
Listing Office: Century 21 Baldini Realty Inc
Listing Agent: Jon Spicer
Last Updated: August - 22 - 2024
Information deemed reliable but not guaranteed.

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