74550 Shadow Hills, Palm Desert, CA 92260 (MLS# 41154266)

74550 Shadow Hills, Palm Desert, CA 92260

$1,755,000
Property Type: Residential Income Square Footage: 17,614 Lot Size (sq. ft.): 50,965 Status: Closed
Current Price: $1,755,000 List Date: 3/31/2003 Last Modified: 8/22/2024

Overview

Description

Great location! Close to Hwy 111, shopping, restaurants and transportation - Walk to El Paseo. Gorgeous mountain views, swimming pool. 8 buildings, 6 lots, 23 units; One lot is vacant with room to add additional units.

Listing Details MLS# 41154266

General Property Information

Total Units
23
Approx SqFt
17614
SqFt Source
Other
Lot Acres
1.17
Lot Size Source
Assessor
Year Built
1963
Price Per Unit
0

Property Features

Tenant Pays: Cable TV; Electricity; Gas; Water Listing Terms: Cash View Type: Mountain(s) Levels: One; Two Flooring: Carpet; Ceramic Tile; Vinyl Cooling Type: Air Conditioning Heating Fuel: Natural Gas Sewer: In, Connected and Paid Water: Water District Land Lease Type: Fee Simple

Listing Location and Property Info

APN
625161004
Original List Price
2000000
Street #
74550
Street Name
Shadow Hills
County
Riverside
State
CA
Zip Code
92260
Area
323 - Palm Desert South

Status Change Info

Status Change Date
2003-11-25
Pending Date
2003-05-08
Closed Date
2003-11-17
Closed Price
1755000

Parking SpacesInformation

Total Parking Spaces
10

Listing, Location and Property Info

Entry Date
2003-03-28
Land Type
Fee
Builders Tract Code
Not in a Development

More Information

Income & Expenses

Actual Total Rent $
0
Annual Gross Rent $
0
Garage Income $
0
Gross Annual Income $
180120
Gross Income $
0
Gross Operating Income $
174716
Gross Schedule Income $
180120
Gross Spendable Income $
0
Laundry Income $
0
Net Operating Income $
134019
Other Income 1 $
0
Other Income 2 $
0
Advertising Expense $
0
Cable TV $
0
Electricity $
0
Elevator Expense $
0
Expense Management $
1380
Furniture $
0
Gardener $
1200
Gas $
0
Insurance $
3146
Licenses $
0
Maintenance %
0
Manager $
1380
Operating Expenses $
40697
Other Expense $
0
Pest Control $
900
Pool Expense $
720
Repair/Maintenance %
0
Security Expense $
0
Supplies $
0
Total Annual Operating Expenses $
174716
Trash $
2040
Water Expense $
1211
Workers Compensation $
0
Assessed Improved %
0
Assessed Improvement $
0
Assessed Total Value $
0
Cap Rate %
0
Personal Property Percent %
0
Tax Rate %
0
Total Taxes $
0

Tenant Pays

Cable TV
Yes
Electricity
Yes
Gas
Yes
Water
Yes

Listing Terms

Cash
Yes

Parking Spaces/Information

Total Covered Spaces
0

View Type

Mountain(s)
Yes

Levels

One
Yes
Two
Yes

Flooring

Carpet
Yes
Ceramic Tile
Yes
Vinyl
Yes

Cooling Type

Air Conditioning
Yes

Heating Fuel

Natural Gas
Yes

Sewer

In, Connected and Paid
Yes

Water

Water District
Yes

Land Lease Type

Fee Simple
Yes
Listing Office: The Real Estate Firm
Listing Agent: Kathryn Reed
Last Updated: August - 22 - 2024
Information deemed reliable but not guaranteed.

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