43095 Washington, Palm Desert, CA 92211
$3,000,000
Property Type:
Residential Income
Bedrooms:
2
Baths:
2
Square Footage:
30,720
Lot Size (sq. ft.):
39,204
Status:
Closed
Current Price:
$3,000,000
List Date:
1/31/2011
Last Modified:
5/12/2026
Description
Villa Del Sol is an outstanding opportunity for income property investors. 32 units in a gated apartment community centrally located on Washington street in Palm Desert California. Located close to the 10 freeway and lots of shopping within a half mile. All units are 2 bedroom and 2 bath units and this property includes a managers office and quarters. Amenities include lots of parking (70 SPACES), nice patios with mountain views, laundry facilities, central pool, nice green belt. Principals have invested six figures in capital improvements over the past couple of years help to make this operation turnkey. Strong management staff is already in place and this property has nearly a 100% occupancy rate. Possible owner carry. Please call listing agent for prospectus, or visit web site see below.
More Information MLS# 41419950
Listing, Location and Property Info
Entry Date: 2011-01-31
Land Type: Fee
Builders Tract Code: Not in a Development
General Property Information
Total Units: 32
SqFt Source: Other
Price Per Unit: 0
Total Bedrooms: 2
Total Baths: 2
Approx SqFt: 30720
Lot Acres: 0.9
Lot Size: 39204
Lot Size Source: Assessor
Year Built: 1983
Listing Info
Laundry: Yes
Elevator: No
Property Info
Gated Community: Yes
Income & Expenses
Actual Total Rent $: 0
Annual Gross Rent $: 0
Garage Income $: 0
Gross Annual Income $: 309180
Gross Income $: 0
Gross Operating Income $: 293721
Gross Schedule Income $: 309180
Gross Spendable Income $: 92203
Laundry Income $: 0
Net Operating Income $: 191423
Other Income 1 $: 0
Other Income 2 $: 0
Advertising Expense $: 0
Cable TV $: 0
Electricity $: 0
Elevator Expense $: 0
Expense Management $: 0
Furniture $: 0
Gardener $: 0
Gas $: 0
Insurance $: 0
Licenses $: 0
Maintenance %: 0
Manager $: 0
Operating Expenses $: 102298
Other Expense $: 0
Pest Control $: 0
Pool Expense $: 0
Repair/Maintenance %: 0
Security Expense $: 0
Supplies $: 0
Total Annual Operating Expenses $: 293721
Trash $: 0
Water Expense $: 0
Workers Compensation $: 0
Assessed Improved %: 0
Assessed Improvement $: 0
Assessed Total Value $: 0
Cap Rate %: 5.47
Personal Property Percent %: 0
Tax Rate %: 0
Tax Rate Year: 2010
Total Taxes $: 0
Tenant Pays
Cable TV: 1
Electricity: 1
Gas: 1
Listing Terms
Cash: 1
Owner May Carry: 1
Possession
Close Of Escrow: 1
Parking Spaces/Information
Total Covered Spaces: 0
View Type
Mountain(s): 1
Pool: 1
Levels
Two: 1
Flooring
Carpet: 1
Cooling Type
Air Conditioning: 1
Central Air: 1
Pool Description
Heated: 1
Laundry
Community: 1
Sewer
In, Connected and Paid: 1
Water
Water District: 1
Land Lease Type
Fee Simple: 1
Listing Location and Property Info
APN: 637310040
Status: Closed
Listing Date: 2011-01-31
Original List Price: 3495000
Sold Price: $3,000,000
Current Price: $3,000,000
Street #: 43095
Street Name: Washington
County: Riverside
State: CA
Zip Code: 92211
Area: 322 - Palm Desert North
Status Change Info
Status Change Date: 2011-03-14
Pending Date: 2011-03-03
Closed Date: 2011-03-11
Closed Price: 3000000
Parking SpacesInformation
Total Parking Spaces: 12
Property Features
Tenant Pays: Cable TV; Electricity; Gas
Listing Terms: Cash; Owner May Carry
Possession: Close Of Escrow
View Type: Mountain(s); Pool
Levels: Two
Flooring: Carpet
Cooling Type: Air Conditioning; Central Air
Pool Description: Heated
Laundry: Community
Sewer: In, Connected and Paid
Water: Water District
Land Lease Type: Fee Simple
Listing Office:
Bennion Deville Homes
Listing Agent:
John Reagan
Last Updated: May - 12 - 2026
Information deemed reliable but not guaranteed.
