588 E San Lorenzo, Palm Springs, CA 92264 (MLS# 41216762)

Entry Date: 2005-06-28 Land Type: Fee Builders Tract Code: 7000

Total Units: 13 SqFt Source: Other Price Per Unit: 0 Paved: Yes Approx SqFt: 14000 Lot Acres: 0.4 Lot Size: 17480 Lot Size Source: Other Year Built: 1966

Laundry: Yes

# of Dishwashers: 13 # of Disposals: 13 # of Patios: 13 # of Ranges: 13 # of Refrigerators: 13

Actual Total Rent $: 0 Annual Gross Rent $: 0 Garage Income $: 0 Gross Annual Income $: 115020 Gross Income $: 0 Gross Operating Income $: 116100 Gross Schedule Income $: 115020 Gross Spendable Income $: 0 Laundry Income $: 0 Net Operating Income $: 80685 Other Income 1 $: 0 Other Income 2 $: 0 Advertising Expense $: 0 Cable TV $: 0 Electricity $: 3447 Elevator Expense $: 0 Expense Management $: 12000 Furniture $: 0 Gardener $: 0 Gas $: 7900 Insurance $: 3500 Licenses $: 600 Maintenance %: 0 Manager $: 12000 Operating Expenses $: 35415 Other Expense $: 0 Pest Control $: 200 Pool Expense $: 1260 Repair/Maintenance %: 0 Security Expense $: 0 Supplies $: 1500 Total Annual Operating Expenses $: 116100 Trash $: 1400 Water Expense $: 808 Workers Compensation $: 0 Assessed Improved %: 0 Assessed Improvement $: 0 Assessed Total Value $: 0 Cap Rate %: 14.37 Personal Property Percent %: 0 Tax Rate %: 0 Total Taxes $: 0

Cable TV: 1 Electricity: 1 Gas: 1

Cash: 1 Owner May Carry: 1

Close Of Escrow: 1

Total Covered Spaces: 0

Canyon: 1 City Lights: 1 Hills: 1 Mountain(s): 1 Panoramic: 1 Pool: 1

Two: 1

Carpet: 1 Ceramic Tile: 1 Vinyl: 1

Air Conditioning: 1 Central Air: 1

Heated: 1

Forced Air: 1

Natural Gas: 1

Utility: 1

Built-In Features: 1

Community: 1

In, Connected and Paid: 1

Water District: 1

Fee Simple: 1

APN: 508191013 Status: Closed Listing Date: 2005-06-28 Original List Price: 2500000 Sold Price: $2,500,000 Current Price: $2,500,000 Street #: 588 Street Direction: E Street Name: San Lorenzo County: Riverside State: CA Zip Code: 92264 Area: 334 - Palm Springs South End Neighborhood: Tahquitz River Estates

Status Change Date: 2006-08-15 Pending Date: 2006-05-26 Closed Date: 2006-08-14 Closed Price: 2500000

Total Carport Spaces: 5 Total Parking Spaces: 8

Tenant Pays: Cable TV; Electricity; Gas Listing Terms: Cash; Owner May Carry Possession: Close Of Escrow View Type: Canyon; City Lights; Hills; Mountain(s); Panoramic; Pool Levels: Two Flooring: Carpet; Ceramic Tile; Vinyl Cooling Type: Air Conditioning; Central Air Pool Description: Heated Heating: Forced Air Heating Fuel: Natural Gas Rooms: Utility Interior Features: Built-In Features Laundry: Community Sewer: In, Connected and Paid Water: Water District Land Lease Type: Fee Simple