73820 Shadow Mountain Drive, Palm Desert, CA 92260
$3,000,000
Property Type:
Residential Income
Baths:
12
Square Footage:
26,000
Lot Size (sq. ft.):
79,715
Status:
Closed
Current Price:
$3,000,000
List Date:
10/30/2012
Last Modified:
11/17/2024
Description
26 Units, two buildings, two seperate lots, 52 bedrooms,52 bathrooms, 3 dens, in the heart of Palm Desert just a few steps to the El Paseo shopping district. Each unit has washer/dryer hookups. There are two pools and two barbeque areas. Total parking is 52 spaces one half of which is covered. Please call listing office for appointment. DO NOT DISTURB TENANTS...Thanks Propety tax, insurance, gardening quotes are estimates. Income is based on market rents...Actual rents are below market...Contact listing office...Other APN is 627-273-023
More Information MLS# 21464047
Listing, Location and Property Info
Entry Date: 2012-10-30
Builders Tract Code: NA-323
General Property Information
Total Units: 26
SqFt Source: Other
Price Per Unit: 149807
Fireplace: No
Pool: Yes
Full Baths: 12
Total Baths: 12
Approx SqFt: 26000
Lot Acres: 1.83
Lot Size: 79715
Lot Size Source: Other
Year Built: 1990
Listing Info
Water Heater: Yes
Laundry Equipment: Own
Elevator: No
ADA Compliant: No
Tax Info
Tax Mello Roos: No
Property Info
View: No
Counts
# of Dishwashers: 26
# of Disposals: 26
# of Ranges: 26
Income & Expenses
Gross Operating Income $: 306132
Gross Schedule Income $: 315600
Monthly Gross Income $: 26300
Net Operating Income $: 199643
Electricity $: 5038
Expense Management $: 11247
Gardener $: 10000
Gas $: 1942
Insurance $: 8000
Operating Expenses $: 106490
Pest Control $: 1275
Pool Expense $: 2970
Trash $: 4998
Water Expense $: 7020
Owner Pays
Gardener: 1
Pool Service: 1
Sale Type
Standard: 1
Listing Terms
Cash: 1
Cash to New Loan: 1
Possession
Close Of Escrow: 1
Subject To Tenants Rights: 1
Lot Description
2 - 4 Lots: 1
Disclosures
Owner Has Real Estate License: 1
Property As Is: 1
Levels
Two: 1
Foundation
Slab: 1
Cooling Type
Air Conditioning: 1
Central Air: 1
Pool Accessories
Safety Fence: 1
Pool Construction
In Ground: 1
Pool Description
Heated: 1
Heating
Central: 1
Heating Fuel
Natural Gas: 1
TV Services
Cable TV: 1
Roofing
Tar/Gravel: 1
Water
Water District: 1
Water District Name: CVWD
Water Heater Feature
Gas: 1
Listing Location and Property Info
APN: 627273022
Status: Closed
Listing Date: 2012-10-30
Original List Price: 3895000
Sold Price: $3,000,000
Current Price: $3,000,000
Street #: 73820
Street Name: Shadow Mountain
Street Suffix: Drive
County: Riverside
State: CA
Zip Code: 92260
Area: 323 - Palm Desert South
Status Change Info
Status Change Date: 2013-07-19
Pending Date: 2012-11-28
Closed Date: 2013-07-09
Closed Price: 3000000
Property Features
Owner Pays: Gardener; Pool Service
Sale Type: Standard
Listing Terms: Cash; Cash to New Loan
Possession: Close Of Escrow; Subject To Tenants Rights
Lot Description: 2 - 4 Lots
Disclosures: Owner Has Real Estate License; Property As Is
Levels: Two
Foundation: Slab
Cooling Type: Air Conditioning; Central Air
Pool Accessories: Safety Fence
Pool Construction: In Ground
Pool Description: Heated
Heating: Central
Heating Fuel: Natural Gas
TV Services: Cable TV
Roofing: Tar/Gravel
Water: Water District
Water Heater Feature: Gas
Listing Office:
Peter Murray & Associates
Listing Agent:
Peter B Murray
Last Updated: November - 17 - 2024
Information deemed reliable but not guaranteed.
