45601 Monroe Street, Indio, CA 92201
$1,950,000
Property Type:
Residential Income
Bedrooms:
63
Baths:
40
Square Footage:
33,444
Lot Size (sq. ft.):
74,488
Status:
Closed
Current Price:
$1,950,000
List Date:
4/07/2014
Last Modified:
11/17/2024
Description
Fantastic investment opportunity in the heart of Indio, California! Huge complex with 33 rentable units, 91% two bedrooms: SIXTEEN 2br/1ba (plus patio), SEVEN 2br/1ba (plus patio), SEVEN 2br/2ba (plus carport & patio above carport), ONE 1br/1ba, TWO studios. Building offers approx. 33,444 sq. ft. of net rentable area, with average unit size a whopping 984 sq. ft.! Property amenities include a 200 sq. ft. property management office, a storage room, and TWO revenue-generating laundry rooms. Sparkling 20 ft. x 40 ft. safety-fenced swimming pool in the complex courtyard. Property exterior completely repainted in March 2014. Individual suites being renovated with fresh paint and newer appliances upon tenant turnover. Offers 32 covered parking stalls, plus additional open spaces. Property is very centrally located, just half block from Indio Plaza Shopping Center, and near Indio Fashion Mall & Tyselling shopping center. Close to Indio High School and Indio Teen Center.
More Information MLS# 214012923
Listing, Location and Property Info
Entry Date: 2014-04-07
Land Type: Fee
General Property Information
Total Units: 33
SqFt Source: Other
Price Per Unit: 68939
Fireplace: No
Pool: Yes
Total Bedrooms: 63
Full Baths: 40
Total Baths: 40
Approx SqFt: 33444
Lot Acres: 1.71
Lot Size: 74488
Lot Size Source: Assessor
Cross Streets: One block north of Hwy 111, on Monroe
Listing Info
Number of Buildings: 4
Tax Info
Tax Mello Roos: Unknown
Property Info
View: Yes
Counts
# Electric Meters: 33
Owner Pays
Gardener: 1
Pool Service: 1
Water: 1
Tenant Pays
Electricity: 1
Sale Type
Standard: 1
Road Surface Type
Alley Paved: 1
Paved: 1
Listing Terms
Cash: 1
Cash to New Loan: 1
Conventional: 1
Possession
Close Of Escrow: 1
Lot Description
Landscaped: 1
Lawn: 1
Level: 1
Lot Location
Near Public Transit: 1
View Type
Mountain(s): 1
Pool: 1
Property Condition
Updated/Remodeled: 1
Disclosures
Property As Is: 1
Levels
Two: 1
Cooling Type
Air Conditioning: 1
Central Air: 1
Pool Location
Community: 1
Pool Construction
In Ground: 1
Heating
Forced Air: 1
TV Services
Cable TV: 1
Roofing
Composition: 1
Shingle: 1
Sewer
In, Connected and Paid: 1
Land Lease Type
Fee Simple: 1
Listing Location and Property Info
APN: 608230016
Status: Closed
Listing Date: 2014-04-07
Original List Price: 2275000
Sold Price: $1,950,000
Current Price: $1,950,000
Street #: 45601
Street Name: Monroe
Street Suffix: Street
County: Riverside
State: CA
Zip Code: 92201
Area: 311 - Indio Central
Status Change Info
Status Change Date: 2014-08-01
Pending Date: 2014-07-31
Closed Date: 2014-08-01
Closed Price: 1950000
Property Features
Owner Pays: Gardener; Pool Service; Water
Tenant Pays: Electricity
Sale Type: Standard
Listing Terms: Cash; Cash to New Loan; Conventional
Possession: Close Of Escrow
Lot Description: Landscaped; Lawn; Level
Lot Location: Near Public Transit
View Type: Mountain(s); Pool
Property Condition: Updated/Remodeled
Disclosures: Property As Is
Levels: Two
Cooling Type: Air Conditioning; Central Air
Pool Location: Community
Pool Construction: In Ground
Heating: Forced Air
TV Services: Cable TV
Roofing: Composition; Shingle
Sewer: In, Connected and Paid
Road Surface Type: Alley Paved; Paved
Land Lease Type: Fee Simple
Listing Office:
Bennion Deville Homes
Listing Agent:
Beckloff Dye Associates
Last Updated: November - 17 - 2024
Information deemed reliable but not guaranteed.
