73155 Catalina Way

    Palm Desert, CA 92260
    • $429,000
    • STATUS: Active Under Contract
    • ON SITE: 76 days
    • ID#: 218026362DA
    Under Contract
    UPDATED: 34 min ago
    $429,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,016
      SQFT
    • $213
      $/SQFT
    Type:
    Multi-Family
    Built:
    1976
    County:

    School Ratings & Info

    Description

    Good rents, low maintenance, great location. With colleges, parks and employment centers nearby, these units are easy to rent. And rental demand in the area is only growing. Palm Desert is investing in this area heavily. Best spot in Palm Desert to own rental income. This duplex has an 1,100 square-foot, 3 bedroom, 1.75 bathroom unit and a 900 square-foot, 2 bedroom, 1 bathroom unit. Both have a two-car garages and washer-dryer hook-ups. Owner installed a brand new foam roof in 2012. The owner invested in low-maintencance, water-wise landscaping. To many improvements to list. The 2 bedroom unit has new hard floors throughout. Both units are under the care of a management company and have been well cared for. Current rent, $1095 per month. The owner used to occupy the 3 bedroom unit. It has upgrades throughout, including bathroom fixtures and kitchen cabinets. Current rent, $1395 per month. This is a great investment opportunity in the best long-term rental location.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-10T07:26:46.967. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.teamforss.com/homes/87867317

    73155 Catalina Way Palm Desert, CA 92260

    • Price: $429,000
    • Status: Active Under Contract
    • Updated: 34 min ago
    • ID#: 218026362DA
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    2,016
    SQFT
    $213
    $/SQFT
    1976
    Built
    Neighborhood:
    Not Applicable-322 (Na322)
    County:
    Riverside
    Area:
    322 - North Palm Desert
    Property Description
    Good rents, low maintenance, great location. With colleges, parks and employment centers nearby, these units are easy to rent. And rental demand in the area is only growing. Palm Desert is investing in this area heavily. Best spot in Palm Desert to own rental income. This duplex has an 1,100 square-foot, 3 bedroom, 1.75 bathroom unit and a 900 square-foot, 2 bedroom, 1 bathroom unit. Both have a two-car garages and washer-dryer hook-ups. Owner installed a brand new foam roof in 2012. The owner invested in low-maintencance, water-wise landscaping. To many improvements to list. The 2 bedroom unit has new hard floors throughout. Both units are under the care of a management company and have been well cared for. Current rent, $1095 per month. The owner used to occupy the 3 bedroom unit. It has upgrades throughout, including bathroom fixtures and kitchen cabinets. Current rent, $1395 per month. This is a great investment opportunity in the best long-term rental location.
    Exterior Features

    Carport Spaces 4.00 Garage Spaces 4.00 Lot Features LawnBack YardLot-Level/FlatCorner LotFront YardYardNear Public TransitPark NearbyPavedCul-De-SacLandscapedSprinklers On Side Lot Size Source Assessor Parking Total 8.00 Pool Private YN No Spa YN No View YN Yes

    Interior Features

    Average Studio Area 0 Average1 Bed Area 0 Average2 Bed Area 0 Average3 Bed Area 0 Fireplace YN No Levels One

    Property Features

    Association Amenities Other Cable Tv Expense 0.00 Cap Rate 0.00 Community Features Street LightingSidewalksCurbs Electric Expense 0.00 Exclusions Owner Can Supply List Of Tenant And Owner Belongings Not included in The Sale. Fuel Expense 0.00 Furniture Replacement Expense 0.00 Garage Income 0.00 Gross Equity 0 Gross Income 0.00 Gross Multiplier 0.00 Gross Operating Income 0.00 Gross Scheduled Income 0.00 Gross Spendable Income 0.00 Improvements Amount 0 Improvements Percent 0.00 Insurance Expense 0.00 Land Lease Amount 0.00 Land Lease YN No Land Value 0 Land Value Percent 0.00 Laundry Income 0.00 Licenses Expense 0.00 Maintenance Expense 0.00 Maintenance Percent 0.00 Net Operating Income 0.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 0 Number With Dishwasher 0 Number With Disposal 0 Number With Patio 0 Number With Range 0 Number With Refrigerator 0 Operating Expense 0.00 Operating Expense Percent 0.00 Other Expense 0.00 Other Income1 0.00 Other Income2 0.00 Personal Property Amount 0 Personal Property Percent 0.00 Pest Control Expense 0.00 Pool Expense 0.00 Professional Management Expense 0.00 Property Condition Updated/Remodeled Security Expense 0.00 Sold Cap Rate 0.00 Special Listing Conditions Standard Subdivision Name Other Not Applicable-322 (Na322) Supplies Expense 0.00 Tax Rate 0.00 Taxes Percent 0.00 Tenant Pays ElectricityCable TvGas Total Actual Rent 0.00 Total Expenses 0.00 Trash Expense 0.00 Utilities Underground Utilities Vacancy Allowance 0 Vacancy Allowance Rate 0.00 Walk Score 0 Water Sewer Expense 0.00 Workmans Compensation Expense 0.00

    Listing provided courtesy of Clayton Baldwin of Kinetic Properties.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-10T07:26:46.967. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    Allison James Estates and Homes
    31213 Temecula Parkway
    Temecula CA, 92592