69180 Victoria Drive, Cathedral City, CA 92234
$1,945,000
Property Type:
Residential Income
Bedrooms:
3
Baths:
2
Square Footage:
12,300
Lot Size (sq. ft.):
34,848
Status:
Closed
Current Price:
$1,945,000
List Date:
4/26/2016
Last Modified:
11/18/2024
Description
10 Newly Refurbished 3 bedroom, 2 bath units; 1230 square feet each, private patios, interior laundry each unit, carports, tennis courts, large pool with sunbathing area. All units with new kitchen and bath cabinets, new dual pane windows, granite counter tops, new stainless steel appliances, new HVAC, new lighting, new plumbing fixtures, new front doors and new dual pane sliding glass doors. Solar system for house electricity, pool operation. New beautiful water saving desert landscaping for additional savings. Private location, walking distance to shops and restaurants. Each unit has its own water meter and tenants pay for their own water directly to the water district.
More Information MLS# 216013646
Listing, Location and Property Info
Entry Date: 2016-04-25
Land Type: Fee
Builders Tract Code: NA336
General Property Information
Total Units: 10
SqFt Source: Other
Price Per Unit: 195000
Fireplace: No
Pool: Yes
Total Bedrooms: 3
Full Baths: 2
Total Baths: 2
Approx SqFt: 12300
Lot Acres: 0.8
Lot Size: 35000
Lot Size Source: Other
Year Built: 1982
Cross Streets: Victoria and Marcia.
Listing Info
Number of Buildings: 2
Laundry: Yes
Elevator: No
ADA Compliant: No
Exclusions of Sale: Any personal property, per existing rental agreements.
Tax Info
Tax Mello Roos: No
Property Info
View: Yes
Senior Community: No
Counts
# Electric Meters: 11
# of Dishwashers: 10
# of Disposals: 10
# of Patios: 10
# of Ranges: 10
# Water Meters: 11
Income & Expenses
Annual Gross Rent $: 153900
Gross Annual Income $: 153900
Gross Income $: 149283
Gross Operating Income $: 149283
Monthly Gross Income $: 12825
Net Operating Income $: 99628
Electricity $: 828
Gardener $: 3000
Insurance $: 2856
Operating Expenses $: 49655
Pest Control $: 540
Total Annual Operating Expenses $: 49655
Trash $: 3120
Water Expense $: 1440
Owner Pays
Electricity: 1
Gardener: 1
Pool Service: 1
Water: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Water: 1
Sale Type
Standard: 1
Listing Terms
Cash: 1
Conventional: 1
Submit: 1
Possession
Subject To Tenants Rights: 1
Lot Description
Level: 1
Property Condition
Updated/Remodeled: 1
Disclosures
Owner Has Real Estate License: 1
Levels
Two: 1
Entry Location
Ground Level - No Steps: 1
Pool Location
Private: 1
Pool Construction
In Ground: 1
Pool Description
Not Heated: 1
Heating
Central: 1
Heating Fuel
Electric: 1
TV Services
Cable TV: 1
Roofing
Composition: 1
Shingle: 1
Sewer
In, Connected and Paid: 1
Unit Information
Number of Units Leased: 10
Land Lease Type
Fee Simple: 1
Listing Location and Property Info
APN: 673141001
Status: Closed
Listing Date: 2016-04-25
Original List Price: 1950000
Sold Price: $1,945,000
Current Price: $1,945,000
Street #: 69180
Street Name: Victoria
Street Suffix: Drive
County: Riverside
State: CA
Zip Code: 92234
Area: 336 - Cathedral City South
Status Change Info
Status Change Date: 2018-01-17
Pending Date: 2017-11-10
Closed Date: 2018-01-16
Closed Price: 1945000
Parking SpacesInformation
Total Carport Spaces: 10
Total Parking Spaces: 12
Property Features
Owner Pays: Electricity; Gardener; Pool Service; Water
Tenant Pays: Cable TV; Electricity; Water
Sale Type: Standard
Listing Terms: Cash; Conventional; Submit
Possession: Subject To Tenants Rights
Lot Description: Level
Property Condition: Updated/Remodeled
Disclosures: Owner Has Real Estate License
Levels: Two
Entry Location: Ground Level - No Steps
Pool Location: Private
Pool Construction: In Ground
Pool Description: Not Heated
Heating: Central
Heating Fuel: Electric
TV Services: Cable TV
Roofing: Composition; Shingle
Sewer: In, Connected and Paid
Land Lease Type: Fee Simple
Listing Office:
Jeannie Niles Real Estate
Listing Agent:
Jeannie Mari Niles
Last Updated: November - 18 - 2024
Information deemed reliable but not guaranteed.
