45905 Ocotillo Drive, Palm Desert, CA 92260
$1,080,000
Property Type:
Residential Income
Bedrooms:
8
Baths:
8
Lot Size (sq. ft.):
13,068
Status:
Closed
Current Price:
$1,080,000
List Date:
5/14/2019
Last Modified:
4/07/2026
Description
Unique chance to be President of your own Property Owners Association in an exceptional location. Here are FOUR two bedroom two bath individually titled condominium units very close to the Rodeo Drive of Palm Desert - El Paseo. Convenient location near restaurants and shopping. Each unit in this small complex has their own private rear yard and covered two car parking. A pool and attractive grounds surrounds this once in a lifetime opportunity. Rents for each unit currently is from $1400 - $1500 per month.
More Information MLS# 19464510
Listing, Location and Property Info
Entry Date: 2019-05-10
Land Type: Fee
Builders Tract Code: 4240
General Property Information
Total Units: 4
SqFt Source: Other
Fireplace: No
Building # of Stories: 1
Pool: Yes
Total Bedrooms: 8
Full Baths: 4
3/4 Baths: 4
Total Baths: 8
Lot Acres: 0.3
Lot Size: 13068
Lot Size Source: Assessor
Year Built: 1972
Cross Streets: El Paseo
Listing Info
Number of Buildings: 2
Tax Info
Tax Mello Roos: No
Property Info
View: Yes
Senior Community: No
Gated Community: No
Counts
# Electric Meters: 4
# Gas Meter: 4
# Water Meters: 4
Income & Expenses
Gross Income $: 68900
Gross Operating Income $: 68900
Net Operating Income $: 58365
Total Annual Operating Expenses $: 68900
Assessed Improvement $: 137310
Vacancy Allowance % or $: 0
Sale Type
Standard: 1
Listing Terms
Cash: 1
Cash to New Loan: 1
Parking Spaces/Information
Total Covered Spaces: 8
Total Uncovered/Assigned Spaces: 0
View Type
Pool: 1
Disclosures
CC & R: 1
Property As Is: 1
Levels
Ground: 1
Appliances
Dryer: 1
Washer: 1
Flooring
Tile: 1
Cooling Type
Air Conditioning: 1
Pool Location
Community: 1
Pool Construction
In Ground: 1
Pool Description
Other: 1
Heating
Forced Air: 1
Rooms
Living Room: 1
Security Safety
None: 1
Sewer
In Street Paid: 1
Parking
Detached Carport: 1
Land Lease Type
Fee Simple: 1
Listing Location and Property Info
APN: 628081029
Status: Closed
Listing Date: 2019-05-10
Original List Price: 1200000
Sold Price: $1,080,000
Current Price: $1,080,000
Street #: 45905
Street Name: Ocotillo
Street Suffix: Drive
County: Riverside
State: CA
Zip Code: 92260
Area: 323 - Palm Desert South
Status Change Info
Status Change Date: 2020-01-14
Pending Date: 2019-12-01
Closed Date: 2020-01-03
Closed Price: 1080000
Parking SpacesInformation
Total Carport Spaces: 8
Total Parking Spaces: 16
Property Features
Sale Type: Standard
Listing Terms: Cash; Cash to New Loan
View Type: Pool
Disclosures: CC & R; Property As Is
Levels: Ground
Appliances: Dryer; Washer
Flooring: Tile
Cooling Type: Air Conditioning
Pool Location: Community
Pool Construction: In Ground
Pool Description: Other; Other
Heating: Forced Air
Rooms: Living Room
Security Safety: None
Sewer: In Street Paid
Parking: Detached Carport
Land Lease Type: Fee Simple
Listing Office:
Kathleen Adams Real Estate, Inc
Listing Agent:
Arthur J Obester
Last Updated: April - 07 - 2026
Information deemed reliable but not guaranteed.
