73625-65 Fred Waring Drive, Palm Desert, CA 92260
$2,200,000
Property Type:
Residential Income
Bedrooms:
2
Baths:
2
Square Footage:
11,916
Lot Size (sq. ft.):
37,897
Status:
Closed
Current Price:
$2,200,000
List Date:
6/30/2025
Last Modified:
9/06/2025
Description
3 separate triplexes...must be sold together. Huge Living Room...1325 square feet each unit with vaulted ceilings. These units are the largest in the area. Always rented. Long Term Tenants. Easy to manage. New roofs installed January 2025.
More Information MLS# 219132131
Listing, Location and Property Info
New Construction: No
Entry Date: 2025-06-30
Land Type: Fee
General Property Information
Total Units: 9
SqFt Source: Assessor
Fireplace: No
Building # of Stories: 1
Pool: No
Total Bedrooms: 2
Full Baths: 2
Total Baths: 2
Approx SqFt: 11916
Lot Acres: 0.87
Lot Size: 37897
Lot Size Source: Assessor
Year Built: 1986
Cross Streets: San Pablo
Listing Info
Number of Buildings: 3
Water Heater: Yes
Laundry: Yes
Laundry Equipment: Hook-Ups
Exclusions of Sale: Any personal property of tenants.
Tax Info
Tax Mello Roos: No
Property Info
View: Yes
Senior Community: No
Gated Community: No
Counts
# Electric Meters: 3
# Gas Meter: 3
# Water Meters: 3
Income & Expenses
Annual Gross Rent $: 213060
Gross Annual Income $: 213060
Net Operating Income $: 125000
Owner Pays
Gardener: 1
Trash Collection: 1
Water: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Gas: 1
Air Cond/Heat Main: 1
Sale Type
Standard: 1
Listing Terms
Cash: 1
Cash to New Loan: 1
Conventional: 1
Showing Access
Other: 1
Parking Spaces/Information
Total Covered Spaces: 0
Total Uncovered/Assigned Spaces: 9
View Type
Mountain(s): 1
Disclosures
Easements: 1
Rent Control: 1
Levels
Ground: 1
Ground Level, No Unit Above: 1
Flooring
Carpet: 1
Ceramic Tile: 1
Cooling Type
Central Air: 1
Heating
Central: 1
Rooms
Living Room: 1
Security Safety
None: 1
Roofing
Foam: 1
Sewer
In, Connected and Paid: 1
Water
Water District: 1
Water District Name: Coachella Valley Water District
Parking
Assigned: 1
Land Lease Type
Fee Simple: 1
Listing Location and Property Info
APN: 627101008
Status: Closed
Listing Date: 2025-06-29
Original List Price: 2750000
Sold Price: $2,200,000
Current Price: $2,200,000
Property Sub-Type: Apartment
Street #: 73625-65
Street Name: Fred Waring Drive
County: Riverside
State: CA
Zip Code: 92260
Area: 322 - Palm Desert North
Country: US
Status Change Info
Status Change Date: 2025-09-05
Pending Date: 2025-08-02
Closed Date: 2025-09-05
Closed Price: 2200000
Parking SpacesInformation
Total Garage Spaces: 9
Total Parking Spaces: 18
Property Features
Owner Pays: Gardener; Trash Collection; Water
Tenant Pays: Air Cond/Heat Main; Cable TV; Electricity; Gas
Sale Type: Standard
Listing Terms: Cash; Cash to New Loan; Conventional
Showing Access: Other
View Type: Mountain(s)
Disclosures: Easements; Rent Control
Levels: Ground; Ground Level, No Unit Above
Flooring: Carpet; Ceramic Tile
Cooling Type: Central Air
Heating: Central
Rooms: Living Room
Security Safety: None
Roofing: Foam
Sewer: In, Connected and Paid
Water: Water District
Parking: Assigned
Land Lease Type: Fee Simple
Listing Office:
Jeannie Niles Real Estate
Listing Agent:
Jeannie Mari Niles
Last Updated: September - 06 - 2025
Information deemed reliable but not guaranteed.
