Palm Desert, CA 92260,74630 Shadow Hills RD
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Palm Desert, CA 92260,74630 Shadow Hills RD
Palm Desert, CA 92260,74630 Shadow Hills RD
Palm Desert, CA 92260,74630 Shadow Hills RD
Palm Desert, CA 92260,74630 Shadow Hills RD

$1,665,000

Est. payment /mo
Est.Price: ?

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74630 Shadow Hills RD Palm Desert, CA 92260

0.61 Acres Lot

SOLD DATE : 03/15/2019

Key Details

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Not Applicable-323 (Na323)

MLS Listing ID 218017352DA

Lot Size 0.610 Acres

Property 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%.

Location

State CA

County Riverside

Area 323 - South Palm Desert

Zoning N.A.

Interior

Heating Central

Cooling Central Air

Exterior

Pool Gunite, In Ground

Community Features Curbs

Amenities Available Other

View Y/N No

Roof Type Flat

Building

Lot Description Irregular Lot, Lawn, Level

Story Two

Water Public

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Doug Fischer • Coldwell Banker Res. Brokerage
Bought with Jeannie Mari Niles • Jeannie Niles Real Estate

Scott Goshorn

Director- Luxury Estates | License ID: 01964409

+1(323) 251-5479

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