980 N Indian Canyon Drive, Palm Springs, CA 92262 (MLS# 219063516)

980 N Indian Canyon Drive, Palm Springs, CA 92262

$1,950,000
Property Type: Residential Income Bedrooms: 10 Baths: 9 Square Footage: 7,000 Status: Closed
Current Price: $1,950,000 List Date: 7/22/2021 Last Modified: 11/19/2024

Overview

Description

The Firm presents a rare opportunity to own a 9-unit apartment complex in Palm Springs' famous and highly desirable Movie Colony District. In the heart of downtown Palm Springs this property has a breakdown of: five one-bedroom units, one two-bedroom unit, and three penthouse style studios overlooking a fabulous courtyard with a pool and stunning mountain views. This property has huge upside potential and is an amazing opportunity for rarely available multifamily.

Listing Details MLS# 219063516

General Property Information

Total Units
9
Total Bedrooms
10
Full Baths
9
Total Baths
9
Approx SqFt
7000
SqFt Source
Appraiser
Fireplace
No
Building # of Stories
2
Pool
Yes
Lot Size Source
Appraiser
Zoning
R-3
Year Built
1945
Cross Streets
E Tachevah Dr

Property Features

Sale Type: Standard Listing Terms: Cash to New Loan View Type: Mountain(s) Disclosures: None Levels: Two Flooring: Laminate Cooling Type: Air Conditioning; Ceiling Fan(s) Pool Location: Community Pool Construction: In Ground Pool Description: In Ground Heating: Central Rooms: Other Security Safety: Other Sewer: In, Connected and Paid Parking: Assigned Contingent Upon: Other Land Lease Type: Fee Simple

Listing Location and Property Info

APN
507151010
Original List Price
1990000
Street #
980
Street Direction
N
Street Name
Indian Canyon
Street Suffix
Drive
County
Riverside
State
CA
Zip Code
92262
Area
331 - Palm Springs North End
Country
US

Listing Info

Number of Buildings
Yes

Tax Info

Tax Mello Roos
Unknown

Property Info

Senior Community
No
Gated Community
No
View
Yes

More Information

Status Change Info

Status Change Date
2021-10-08
Pending Date
2021-10-05
Closed Date
2021-10-05
Closed Price
1950000

Counts

# Electric Meters
10
# Gas Meter
Yes
# Water Meters
Yes

Parking SpacesInformation

Total Parking Spaces
10

Unit Information

Number of Units Leased
6

Listing, Location and Property Info

Entry Date
2021-06-14
Land Type
Fee

Sale Type

Standard
Yes

Listing Terms

Cash to New Loan
Yes

Parking Spaces/Information

Total Covered Spaces
0
Total Uncovered/Assigned Spaces
10

View Type

Mountain(s)
Yes

Disclosures

None
Yes

Levels

Two
Yes

Flooring

Laminate
Yes

Cooling Type

Air Conditioning
Yes
Ceiling Fan(s)
Yes

Pool Location

Community
Yes

Pool Construction

In Ground
Yes

Pool Description

In Ground
Yes

Heating

Central
Yes

Rooms

Other
Yes

Security Safety

Other
Yes

Sewer

In, Connected and Paid
Yes

Parking

Assigned
Yes

Contingent Upon

Other
Yes

Land Lease Type

Fee Simple
Yes

Documents

Listing Office: The Firm Commercial Referrals
Listing Agent: Adam M Gilbert
Last Updated: November - 19 - 2024
Information deemed reliable but not guaranteed.

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