Sold
$764,000
Sold On 2023-07-31
Overview
MLS #
23-237231
Listed on
2023-02-05
Status
Sold
Price
$764,000
Type
Residential Income
Size of home
2,150 sq ft
Beds / Baths
4 / 3.00
Size of lot
9,583 sq ft
Location address
74120 Alessandro Dr
Palm Desert 92260
Palm Desert 92260
Description
Close to El Paseo! INCOME PROPERTY at it's best! This property is made up of two Buildings. The front house is approx 1200 sq feet. This house has two bedrooms and one bathroom with a large living room. The kitchen has stainless steel appliances and has a large dining area. Laminate flooring throughout. Central air and heat with Smart Thermostat. Covered patio in large fenced-in private back yard. Single car garage with garage door opener. Washer and dryer are located in garage. Single car carport right out front of house. The back building is a duplex with two - one bedroom one bath units. Each duplex unit is approximately 550 square feet. Laminate flooring throughout. Stainless steel appliances. Private enclosed courtyard for each unit. Each unit has two split ac/heat units. Very private. All units have their own meters for all utilities except water, which is paid for by owner. Landscape is desert plants with grass lawn in the backyard of the house. It appears that there is room for a pool. These units were all update approximately 5 years ago. The city of Palm Desert owns the property and retaining wall next door. Currently the house rents for $1500 a month, the back units are $1100 each per month. Rents are below market price however two Tenants have been renting for over five years. The seller is a Real Estate Agent and this sale is be a 1031 Exchange. Please do not bother tenants. Please drive by. Prequalification letter required for showing.
General Information
Original List Price
$835,999
Price Per Sq/Ft
$355
Furnished
No
Land Type
Fee
Land Lease Expires
N/A
Association Amenities
None
Pool
Yes
Pool Description
None
Spa
Yes
Spa Description
None
Year Built
1957
Levels
One
View
Other
Interior Features
Drywall Walls, Block Walls
Flooring
Laminate
Appliances
Built-In And Free Standing, Microwave, Oven, Self Cleaning Oven, Gas
Patio Features
Concrete Slab, Covered, Porch - Rear
Laundry
Inside, In Unit, In Kitchen, Garage
Fireplace
No
Heating Type
Central, Forced Air, Other
Cooling Type
Air Conditioning, Central
Parking Spaces
4
Parking Type
Attached, Carport Attached, Door Opener, Driveway - Concrete, Garage Is Attached
Courtesy of:
Tony Aguilar /
All American Properties
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