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540 Desert Way Palm Springs, CA 92264
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Key Details
Sold Price $465,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Demuth Park
MLS Listing ID 21474002DA
Sold Date 10/21/13
HOA Y/N No
Year Built 1981
Annual Tax Amount $5,988
Lot Size 10,206 Sqft
Property Description
This property consists of 5 Units, all one-bedroom/one-bath units. Current rents are $700 per unit with month-to-month leases (rents have not been increased in 7 years). Nicely maintained and managed by local owner. Please ask for the Financial Statement showing income, expenses and a summary of improvements. And, please also see the property for sale at 567 Desert Way (MLS #21474019) with a similar unit mix and rents. Seller prefers to sell both properties together but will consider selling separately.
Location
State CA
County Riverside
Area 334 - South End Palm Springs
Interior
Heating Electric
Fireplace No
Appliance Electric Water Heater, Water Heater
Exterior
View Y/N No
Roof Type Foam
Private Pool No
Building
Lot Description Level
Story One
Entry Level One
Foundation Slab
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 680034003
Acceptable Financing Cash, Cash to Existing Loan
Listing Terms Cash, Cash to Existing Loan
Special Listing Condition Standard
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Bought with Out Side Agent • Out Side Broker Office
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