74460 Alessandro Drive, Palm Desert, CA 92260
$1,627,500
Property Type:
Residential Income
Bedrooms:
36
Baths:
18
Square Footage:
15,000
Lot Size (sq. ft.):
34,412
Status:
Closed
Current Price:
$1,627,500
List Date:
4/04/2014
Last Modified:
11/17/2024
Description
Great investment opportunity located in one of the best areas of beautiful Palm Desert, CA. Single-story apartment complex, featuring EIGHTEEN units, each one 2BR/1BA, with a spacious average unit size of approx. 800 sq. ft. All apartments include basic appliances such as dishwashers, stoves, refrigerators and tile flooring. Entire exterior has been repainted and the pool resurfaced approximately three years ago. Most suites have been painted and renovated with new kitchens. Property amenities include a sparkling, fenced swimming pool, on-site laundry room, off-street parking, and storage space. Nice mountain views from the interior courtyard/pool area. Fantastic location, literally an easy two-minute stroll to full-service grocery store, restaurants, dining, shopping, services, and public transportation. Five minute drive to famed El Paseo shopping & entertainment district. Always full of tenants, with very low vacancy rate. A true opportunity!
More Information MLS# 214012350
Listing, Location and Property Info
Entry Date: 2014-04-04
Land Type: Fee
General Property Information
Total Units: 18
SqFt Source: Other
Price Per Unit: 106944
Fireplace: No
Pool: Yes
Total Bedrooms: 36
Full Baths: 18
Total Baths: 18
Approx SqFt: 15000
Lot Acres: 0.79
Lot Size: 34474
Lot Size Source: Assessor
Year Built: 1983
Cross Streets: North of HWY 111 one block, just west of Deep Cany
Listing Info
Number of Buildings: 1
Tax Info
Tax Mello Roos: Unknown
Property Info
View: Yes
Counts
# Electric Meters: 18
# Gas Meter: 18
# Water Meters: 18
Owner Pays
Gardener: 1
Pool Service: 1
Sale Type
Standard: 1
Listing Terms
Cash: 1
Cash to New Loan: 1
Conventional: 1
Possession
Close Of Escrow: 1
Lot Description
Landscaped: 1
Level: 1
Rectangular Lot: 1
Lot Location
Near Public Transit: 1
Property Condition
Updated/Remodeled: 1
Disclosures
Property As Is: 1
Levels
Ground Level, No Unit Above: 1
One: 1
Exterior Construction
Stucco: 1
Foundation
Slab: 1
Cooling Type
Central Air: 1
Pool Location
Community: 1
Pool Accessories
Safety Fence: 1
Pool Construction
In Ground: 1
Heating
Central: 1
TV Services
Cable TV: 1
Window Treatments
Vertical Blinds: 1
Sewer
In, Connected and Paid: 1
Land Lease Type
Fee Simple: 1
Listing Location and Property Info
APN: 625093003
Status: Closed
Listing Date: 2014-04-04
Original List Price: 1925000
Sold Price: $1,627,500
Current Price: $1,627,500
Street #: 74460
Street Name: Alessandro
Street Suffix: Drive
County: Riverside
State: CA
Zip Code: 92260
Area: 322 - Palm Desert North
Status Change Info
Status Change Date: 2014-11-06
Pending Date: 2014-11-05
Closed Date: 2014-11-05
Closed Price: 1627500
Property Features
Owner Pays: Gardener; Pool Service
Sale Type: Standard
Listing Terms: Cash; Cash to New Loan; Conventional
Possession: Close Of Escrow
Lot Description: Landscaped; Level; Rectangular Lot
Lot Location: Near Public Transit
Property Condition: Updated/Remodeled
Disclosures: Property As Is
Levels: Ground Level, No Unit Above; One
Exterior Construction: Stucco
Foundation: Slab
Cooling Type: Central Air
Pool Location: Community
Pool Accessories: Safety Fence
Pool Construction: In Ground
Heating: Central
TV Services: Cable TV
Window Treatments: Vertical Blinds
Sewer: In, Connected and Paid
Land Lease Type: Fee Simple
Listing Office:
Bennion Deville Homes
Listing Agent:
Beckloff Dye Associates
Last Updated: November - 17 - 2024
Information deemed reliable but not guaranteed.
