Palm Desert, CA 92260,46100 Ocotillo DR
Palm Desert, CA 92260,46100 Ocotillo DR
Palm Desert, CA 92260,46100 Ocotillo DR
$1,625,000
Est. payment /mo
Est.Price: ?

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0.46 Acres Lot
SOLD DATE : 11/15/2024

Key Details

Sold Price $1,625,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Not Applicable-1

MLS Listing ID 219117643DA

Year Built 1965

Lot Size 0.460 Acres

Property Description

Rarely available Mid-Century Garden - style Apartment building | 6 - 2 bedroom 2 bath large units with back patios | All units are clean, and well maintained | only 2 units are at Market rents = Upside $$$ | All units open to gated pool | Community laundry room | Carport parking plus additional off street driveway parking | Walking distance to world famous El Paseo shops and restaurants | Will perform at approx. 5.0% CAP rate, at asking price | Incredibly well maintained - Excellent turn-key investment

Location

State CA

County Riverside

Area 323 - South Palm Desert

Interior

Heating Forced Air

Exterior

Parking Features Attached Carport, Assigned

Pool Community, In Ground

Community Features Pool

View Y/N No

Building

Story 1

New Construction No

Others

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Steven Mogavero • Desert Properties of Coachella Valley
Bought with Chuck Bennett • Windermere Real Estate

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Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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