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Key Details
Sold Price $890,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Desert Princess (Sfr) (33539)
MLS Listing ID OC21138501
Sold Date 09/16/21
HOA Y/N No
Year Built 2003
Annual Tax Amount $9,381
Tax Year 2020
Lot Size 0.330 Acres
Lot Dimensions Public Records
Property Description
Income-producing triplex with long-term tenants located within an Opportunity area. Rents are well below market with upside potential. All 3 units are 3 bedrooms and 2 baths each, totaling Unit #A, B, C approximately 1,500; 1,600; 1,800 sqft of living space which sits on a large 14,000+ corner lot.
Unit A will consist of approx. 1,500 sqft of Living area, Plus a 2 - Car Garage, currently renting for $1,500.00 per month, and the contract is ended by August 2021.
Unit #B with approx. 1,600 sqft. of Living area Plus a 2 - Car Garage; currently renting for $1,600.00 per month and contract is ended by Dec. 2021.
Unit #C will consist of approx. 1,700 + sqft of Living area, Plus a 2 - Car Garage, currently occupied by the maintenance/manager. We project the renting income for this unit is $1,700.00 per month.
Don't miss out on this great opportunity to own an income-producing triplex and to build your own triplex/investment.
Location
State CA
County Riverside
Area 335 - Cathedral City North
Interior
Interior Features All Bedrooms Down
Heating Central
Cooling Central Air, Gas
Fireplaces Type Living Room
Fireplace Yes
Appliance Dishwasher
Laundry Inside, Laundry Closet
Exterior
Garage Direct Access, Garage
Garage Spaces 2.0
Garage Description 2.0
Fence None
Pool None
Community Features Street Lights, Suburban
Utilities Available Electricity Connected, Natural Gas Connected, Water Connected
View Y/N Yes
View Neighborhood
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Back Yard, Sprinkler System
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 673181014
Acceptable Financing Cash, Cash to New Loan, Conventional, FHA, Fannie Mae, Freddie Mac
Listing Terms Cash, Cash to New Loan, Conventional, FHA, Fannie Mae, Freddie Mac
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Anne Huynh • Genesis Investments & Financial Services
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Terrance Scotton, Broker Associate
Broker Associate | License ID: 01707848 NMLS: 908256
Broker Associate License ID: 01707848 NMLS: 908256