For more information regarding the value of a property, please contact us for a free consultation.
36957 Melrose DR Cathedral City, CA 92234
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $525,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Cathedral City Cove
MLS Listing ID 217024734DA
Sold Date 11/28/17
HOA Y/N No
Year Built 1960
Lot Size 0.311 Acres
Property Description
Excellent Income Property on Fee Land. All 1Br 1Bth units, approximately $675/month per unit, Monthly = $4,050, Annual = $48,600 Approx. 6 Units single story located in the highly sought after Cathedral City Cove. This property has amazing upside potential. Just down the street on East Palm Canyon, a planned Agua Caliente Casino,Shopping Center and Restaurants. Still Affordable here, but not for long.
Location
State CA
County Riverside
Area 336 - Cathedral City South
Interior
Heating Wall Furnace
Fireplace No
Exterior
View Y/N Yes
Total Parking Spaces 6
Private Pool No
Building
Lot Description Corner Lot
Story One
Entry Level One
Sewer Unknown
Architectural Style Ranch
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 687093008
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Cash to Loan
Special Listing Condition Standard
Read Less
Bought with Latasha O'Keith • Lamarc Realty