74443 Driftwood Dr,
Palm Desert, CA 92260
在售房 $1,030,000 ($103萬)
卧室: -- 浴室: -- / 其他類型
房屋信息

其他類型

9148 平方英呎
(850平方米)

1974 年

1

5 停車位

暖: NO

2025年03月12日
已上市 47 天

地產編號: SW25054919
所處郡縣: RI
面積單價:$323.09/sq.ft ($3,478 / 平方米)
房屋簡介

This offering is a rarity. A trophy apartment in the finest area of Palm Desert, the area of El Paseo! And it's just short walking distance from the El Paseo shopping district, grocery, and the Westfield Mall. Palm Desert is the finest area of the Coachella Valley, and the El Paseo district is the finest area of Palm Desert!! This 4Plex consists of four 2 bedrooms, 1 & 1/2 half baths. It further has carport parking, a beautiful pristine pool, and a large pool deck for tenants and guest. The kitchens are upgraded with newer appliances and granite counter tops. This complex further has central heat/air throughout. All tenancies are month to month and can be brought up to market. There's one vacancy and one unit who's currently a handyman/manager who can be brought up to market rents. PLEASE SEE RENT ROLL ATTACHED IN SUPPLEMENTS PACKAGE. Since rents are month to month, please check out the market rents you can get in this fine neighborhood. Nearby market rents per rent comps are $2,300 per month. PLEASE SEE RENT COMPS IN SUPPLEMENTS ATTACHED. At market rents, the complex really performs. It puts out $110,000 in annual gross income, a 9.33 Gross Rent Multiplier, a 9.84% Cap Rate, and a robust 21.95% Cash on Cash Return!! PLEASE SEE THE SUPPLEMENTS ATTACHED FOR DETAILS ON THESE RETURNS!! Seller to pick services. Buyer/Buyer's agent to provide and pay for (email, DocuSign, etc) all TC services for Buyer & Seller, including all disclosures, documents/paperwork, they require for Buyer and Seller to sign. SELLER MAY CARRY!!! PLEASE CALL FOR DETAILS!!!

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