74534 Driftwood Drive, Palm Desert, CA 92260
$2,060,000
Property Type:
Residential Income
Bedrooms:
16
Baths:
8
Square Footage:
5,600
Status:
Closed
Current Price:
$2,060,000
List Date:
3/08/2022
Last Modified:
11/19/2024
Description
Property is 2 4-Plexes: 74534 Driftwood ( APN 625162032 ) and 74536 Driftwood ( APN 625162031) to be sold together. Excellent South Palm Desert location. Rents are below market ( see attached rent roll ) so plenty of upside. All units are similar 2bed 1 bath floorplans and approx. 700 sqft each. Market rents are $1650
More Information MLS# 219075088
Listing, Location and Property Info
New Construction: No
Entry Date: 2022-03-08
Land Type: Fee
General Property Information
Total Units: 8
SqFt Source: Other
Fireplace: No
Building # of Stories: 1
Pool: No
Total Bedrooms: 16
Full Baths: 8
Total Baths: 8
Approx SqFt: 5600
Lot Size: 7841
Lot Size Source: Other
Year Built: 1965
Cross Streets: Deep Canyon
Listing Info
Number of Buildings: 2
Laundry: No
Tax Info
Tax Mello Roos: No
Property Info
View: No
Senior Community: No
Gated Community: No
Counts
# Electric Meters: 8
# Gas Meter: 8
# Water Meters: 1
Sale Type
Standard: 1
Listing Terms
1031 Exchange: 1
Parking Spaces/Information
RV: None
Total Covered Spaces: 0
Total Uncovered/Assigned Spaces: 5
Disclosures
Rent Control: 1
Levels
Ground: 1
One: 1
Flooring
Other: 1
Cooling Type
Other: 1
Heating
Other: 1
Rooms
Other: 1
Security Safety
None: 1
Sewer
Unknown: 1
Parking
Other: 1
Land Lease Type
Fee Simple: 1
Listing Location and Property Info
APN: 625162032
Status: Closed
Listing Date: 2022-03-08
Original List Price: 2200000
Sold Price: $2,060,000
Current Price: $2,060,000
Street #: 74534
Street Name: Driftwood
Street Suffix: Drive
County: Riverside
State: CA
Zip Code: 92260
Area: 323 - Palm Desert South
Country: US
Status Change Info
Status Change Date: 2022-04-20
Pending Date: 2022-03-22
Closed Date: 2022-04-20
Closed Price: 2060000
Parking SpacesInformation
Total Parking Spaces: 5
Property Features
Sale Type: Standard
Listing Terms: 1031 Exchange
Disclosures: Rent Control
Levels: Ground; One
Flooring: Other
Cooling Type: Other
Heating: Other
Rooms: Other
Security Safety: None
Sewer: Unknown
Parking: Other
Land Lease Type: Fee Simple
Documents
Rent Roll ›
Listing Office:
Desert Properties of Coachella Valley
Listing Agent:
Steven Mogavero
Last Updated: November - 19 - 2024
Information deemed reliable but not guaranteed.
