Cathedral City, CA 92234,36957 Melrose DR
$525,000
Est. payment /mo
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

0.31 Acres Lot
SOLD DATE : 11/28/2017

Key Details

Sold Price $525,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Cathedral City Cove

MLS Listing ID 217024734DA

Year Built 1960

Lot Size 0.311 Acres

Property Description

Excellent Income Property on Fee Land. All 1Br 1Bth units, approximately $675/month per unit, Monthly = $4,050, Annual = $48,600 Approx. 6 Units single story located in the highly sought after Cathedral City Cove. This property has amazing upside potential. Just down the street on East Palm Canyon, a planned Agua Caliente Casino,Shopping Center and Restaurants. Still Affordable here, but not for long.

Location

State CA

County Riverside

Area 336 - Cathedral City South

Interior

Heating Wall Furnace

Exterior

View Y/N Yes

Building

Lot Description Corner Lot

Story One

Sewer Unknown

New Construction No

Others

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


California Regional MLS (CRMLS)
Listed by Gary Anderson • Gary Anderson, R.E. Broker
Bought with Latasha O'Keith • Lamarc Realty

GET MORE INFORMATION

Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

Name

Phone*

Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.