525 S Camino Real, Palm Springs, CA 92264 (MLS# 21470340)

525 S Camino Real, Palm Springs, CA 92264

$830,000
Property Type: Residential Income Bedrooms: 11 Baths: 11 Square Footage: 8,512 Lot Size (sq. ft.): 20,473 Status: Closed
Current Price: $830,000 List Date: 2/07/2013 Last Modified: 11/05/2024

Overview

Description

Great Location in the Warm Sands area of Palm Springs. Desert living at it's best. Prime rental and living area. Property under professional management. 11 UNITS (9- 1br,1ba., 2-2br,2ba) Financials,Building Layout and Apt sketch Attached FEE LAND DRIVE BY ONLY. DO NOT DISTURB OUR TENANTS PLEASE.

Listing Details MLS# 21470340

General Property Information

Total Units
11
Total Bedrooms
11
Full Baths
11
Total Baths
11
Approx SqFt
8512
Price Per Unit
86363
Fireplace
No
Pool
Yes
Lot Acres
0.47
Lot Size Source
Assessor
Year Built
1959

Property Features

Owner Pays: Gardener; Gas; Pool Service; Water; Other Sale Type: Standard Listing Terms: Cash; Cash to New Loan; Submit Possession: Close Of Escrow Disclosures: Property As Is Levels: One Foundation: Slab Cooling Type: Air Conditioning; Central Air; Electric Heating: Central; Heat Pump Heating Fuel: Electric TV Services: Cable TV Disability Access: Other Roofing: Composition; Shingle Sewer: In, Connected and Paid Water: Water District

Listing Location and Property Info

APN
508143015
Original List Price
950000
Street #
525
Street Direction
S
Street Name
Camino Real
County
Riverside
State
CA
Zip Code
92264
Area
334 - Palm Springs South End

Listing Info

Water Heater
No
Laundry Equipment
Lease
Elevator
No
ADA Compliant
Yes

Tax Info

Tax Mello Roos
Unknown

Property Info

View
Yes

More Information

Status Change Info

Status Change Date
2013-04-30
Pending Date
2013-03-08
Closed Date
2013-04-25
Closed Price
830000

Water

Water District Name
Desert Water Agency
Water District
Yes

Listing, Location and Property Info

Entry Date
2013-02-07
Builders Tract Code
Warm Sands

Income & Expenses

Annual Gross Rent $
106980
Monthly Gross Income $
8915
Net Operating Income $
54804
Electricity $
1994
Expense Management $
5012
Gardener $
2760
Gas $
3928
Insurance $
3992
Pest Control $
420
Pool Expense $
2485
Trash $
2343
Water Expense $
1854
Cap Rate %
6

Owner Pays

Gardener
Yes
Gas
Yes
Pool Service
Yes
Water
Yes
Other
Yes

Sale Type

Standard
Yes

Listing Terms

Cash
Yes
Cash to New Loan
Yes
Submit
Yes

Possession

Close Of Escrow
Yes

Disclosures

Property As Is
Yes

Levels

One
Yes

Foundation

Slab
Yes

Cooling Type

Air Conditioning
Yes
Central Air
Yes
Electric
Yes

Heating

Central
Yes
Heat Pump
Yes

Heating Fuel

Electric
Yes

TV Services

Cable TV
Yes

Disability Access

Other
Yes

Roofing

Composition
Yes
Shingle
Yes

Sewer

In, Connected and Paid
Yes
Listing Office: Jack Cretney & Associates
Listing Agent: Jack Cretney
Last Updated: November - 05 - 2024
Information deemed reliable but not guaranteed.

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