Sold On 09/26/2018

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MLS # 218021098DA
Listed on 07/29/2018
Status Sold
Price $189,000
Type Single Family Home
Size of home 2,275 Sq ft
Beds / Baths 3 / 3.00
Size of lot 3,049 sq ft
Complex Los Cocos
Location address 37640 Los Cocos Drive


Price Reduced for this unique opportunity for a well located Rancho Mirage single story home. The interest offered is a 14+ year sub-lease with all the rights of ownership in Los Cocos HOA. Compare the cost of this ownership with comparable rent for a permanent residence or a second home. Property may be suitable for primary residence, second home, rental property, sober living facility, or residential care facility. This home has been well taken care of with over $60,000 in improvements the last 5 years. The master suite is stunning with wood-look porcelain tile floors, remodeled bathroom with dramatic walk in closet and handsome shower lined with granite. Owner will consider a flooring allowance/credit and some furnishings may be available. Los Cocos offers pools, spas, tennis and pickleball and an active calendar of community events. Location is close to hiking trails, golf, shopping and entertainment. Grab a Millionaire lifestyle for a fraction of the cost

General Information

Original List Price $199,000
Price Per Sq/Ft $83
HOA Fee $585
Land Type Lease
Land Lease Expires 2033
Land Lease $/yr $0
Association Amenities Assoc Maintains Landscape, Assoc Pet Rules, Banquet, Clubhouse, Greenbelt/Park, Meeting Room, Rec Multipurpose Rm, Sauna, Tennis Courts
Pool Yes
Spa Yes
Year Built 1979
Levels One Level
Flooring Tile
Patio Features Beamed Ceiling(s), Covered, Wet Bar
Laundry Room
Fireplace Yes
Heating Type Central, Natural Gas
Cooling Type Central
Parking Spaces 4
Parking Type Direct Entrance, Driveway
Management Name Personalized Property Management
Management Phone (760) 325-9500

Courtesy of: Craig Loe / Coldwell Banker Res. Brokerage

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