Catalina Way, Palm Desert, CA 92260
Not Applicable (click for neighborhood info)
Sold
$439,000
Sold On 2021-08-05
Overview
MLS #
219063004DA
Listed on
2021-06-02
Status
Sold
Price
$439,000
Type
Residential Income
Subtype
Single Family Residence
Size of home
1,588 sq ft
Beds / Baths
3 / 2.00
Size of lot
7,405 sq ft
Neighborhood
Not Applicable
Location address
Catalina Way
Palm Desert 92260
Palm Desert 92260
Description
An excellent investment opportunity of residential real estate and business income potential. This is a Sober Living home that has been in operation in central Palm Desert for over 10 years. This business has good potential for income growth now that COVID restrictions are ending. The Coachella Valley is a strong recovery treatment area and this home is part of that Community of Recovery network. All lead sources, operating parameters and on-site management are in place and well established .''House of gratitude'' provides transitional housing for adult males exiting local addiction recovery centers. This home is also available for sale as a Single Family Residential home. The home is 5 lots away from The City of Palm Desert's transformation of San Pablo Ave. into a key artery of a revitalized city center where walking, biking, and fun is the focus. Traffic lanes were reduced to allow for improved bikeway facilities, enhanced pedestrian accommodations, new landscaping, beautification of existing community gardens, on-street parking, and a roundabout intersection at San Gorgonio Way. The home is also only 3 blocks away from Palm Desert City Park, with a golf driving range, Olympic size pool, tennis courts, ball fields, volleyball and basketball courts, outdoor concert amphitheater and more, along with The College of the Desert.Appointments only with proof of Funds and Pre qualified letters required.
General Information
School District
Desert Sands Unified
Original List Price
$439,000
Price Per Sq/Ft
$276
Furnished
No
Land Type
Fee
Land Lease Expires
N/A
Pool
Yes
Spa
Yes
Year Built
1978
Levels
One
View
Mountains
Interior Features
High Ceilings (9 Feet+), Open Floor Plan
Flooring
Carpet, Tile
Appliances
Oven-Gas, Range
Patio Features
Concrete Slab, Covered
Laundry
Laundry Area
Fireplace
Yes
Heating Type
Forced Air, Natural Gas
Cooling Type
Central
Parking Spaces
2
Parking Type
Door Opener
Courtesy of:
Jon McGihon /
Bennion Deville Homes
Catalina Way