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Key Details
Sold Price $1,000,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-1
MLS Listing ID 219073241DA
Year Built 1980
Lot Size 0.340 Acres
Property Description
Great investment property located in Palm Desert, centrally located, close to shopping, dining, good schools and freeway.Please Note: This 4-Plex Listing includes 42662 and 42690 Clifford St and includes APN 624242008 and APN 624242009 for a total of two adjacent duplex buildings and 4 units with a shared courtyard. All units are 2bd/2ba units with 1003 sq ft each with private backyard spaces. Each unit has an attached 2-car carport with exterior entry to each carport (easily enclosed to be garages) with alley access. All units are 2bd/2ba units with inside laundry hookups with central heating and air conditioning. These are low maintenance properties with long term tenants, all are currently month-to-month tenancy, fully occupied. Rents are well below market with a big upside and rental growth potential. Tenants pay utilities and all units are separately metered for electricity and gas. This four-unit property and an adjacent four-unit property can be purchased together or separately. Please see MLS #219073240 for 42612-42634 Clifford St.
Location
State CA
County Riverside
Area 324 - East Palm Desert
Zoning R-2
Interior
Heating Central, Electric
Cooling Central Air
Flooring Carpet, Tile
Fireplaces Type Living Room, Wood Burning
Exterior
Parking Features Assigned
View Y/N No
Roof Type Shingle
Building
Lot Description 2-5 Units/Acre
Story 1
Foundation Slab
New Construction No
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Doug Fischer • Coldwell Banker Realty
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Paul Ward
Broker Associate | License ID: 01354001
Broker Associate License ID: 01354001
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