For Sale
$1,399,444
Active

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    Overview

    MLS # TR21059285MR
    Listed on 03/22/2021
    Status Active
    Price $1,399,444
    Type Multiplex
    Subtype Combo - Res & Com
    Size of home 4,500 Sq ft
    Beds / Baths /
    Size of lot 11,326 sq ft
    Neighborhood El Mirador
    Location address 860 E Chuckwalla RD
    PALM SPRINGS 92262

    Description


    TOTAL FOR BOTH PARCELS: $2,888,888 FIRM HOME HEALTH CARE? ASSISTED LIVING? REHAB CENTER? Owner knows the value and knows the BUSINESS OPPORTUNITY INVESTORS CAN IMPLEMENT ON THIS 12 UNIT (check w/ CITY) SPRAWLING POOL COMPLEX (860 and 920 CHUCKWALLA RD) LOCATED IN THE HUSSLE AND BUSSLE OF EVER GROWING PALM SPRINGS. OWNER HAS SPARED NO EXPENSE IN REMODELING ABOUT 10 YEARS AGO BUT Interiors are READY FOR ANOTHER FACE LIFT EXTERIOR ON THE OTHER HAND IS GORGEOUS W/ FOUNTAINS PALM AND FICUS TREES. EACH UNIT HAS ITS OWN SEPARATE FRONT AND BACK PATIOS. FIVE UNITS HAVE ITS OWN WASHER AND DRYER FACILITY. ALSO COIN OPERATED MACHINES ON SITE AS WELL MANAGED BY A COMPANY (no fee headache) EACH SIDE HAS A FRONT HOUSE PLUS ONE BEDROOM UNIT WITH 2BD1/1BA AND 1BD/1BA UNIT. ****. THEN BACK BUILDING HAS 4 MODEL MATCH UNITS ALL WITH PRIVATE PATIOS. 920 CHUCKWALLA HAS A POOL. 860 chuckwalla has a storage shed in front. THERE ARE 12-13 off street parking stalls and the two back buildings have brand new roofs in the past 5 years. Long term happy tenants but I’m sure investor will want to change the property to a successful BUSINESS AND NOT JUST AN APARTMENT COMPLEX. DRIVE BY ONLY. PLEASE DO NOT Rent rolls Two parcels 860 n 920 Chuckwalla 860. $1500. House private laundry 862. $900 private laundry 864 $800 she helps manage end unit 866 $850 8

    General Information

    Original List Price $1,499,888
    Price Per Sq/Ft $311
    Furnished No
    Land Type Fee
    Land Lease Expires N/A
    Community Features Biking
    Pool Yes
    Spa No
    Year Built 1966
    View River
    Laundry Community, Room
    Fireplace No

    Courtesy of: Richard Furstenberg / Furstenberg Realty

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