74630 Shadow Hills Road
Palm Desert, CA 92260

$1,665,000

Description

​8-Unit Property with Pool at ​74630 Shadow Hills Rd in South Palm Desert:​ ​Eight 2-bd/2-ba units, pool​ and carports ​situated on 0.61 acres. Buildings consist of 4 duplex buildings with single level units ground floor and second floor in each building. Property to be sold in as is condition. Please inquire for details including Income-Expense Statement and Rent Roll, both current and projected. Rents are currently below market value; projected market rents produce a CAP rate of 5.21%.

Details

MLS#218017352DA
Sub-TypeResale
StatusPending - Show
Year0
Days On Site46

Features

Units8
Building(s)1

Market Activity 92260

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Area Information

StateCA
CountyRiverside
CityPalm Desert
Zip Code92260
Area323 - South Palm Desert
Listing VS Median (in 92260)
Price:
$1,665,000
low | high
Med:
$345,000
100% of Average
On Site:
46
low | high
Med:
46
100% of Average
Listing Updated: 02/19/2019
MLS Number: 218017352DA
Listing Provided By:
Doug Fischer  of  Coldwell Banker Res. Brokerage
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.