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    723 E Cottonwood Road

    Palm Springs, CA 92262
    • $1,030,000
    • STATUS: Active Under Contract
    • ON SITE: 36 days
    • ID#: 21754254
    Under Contract
    UPDATED: 25 min ago
    $1,030,000
    • 0
      BEDS
    • 0.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1976
    County:

    School Ratings & Info

    Description

    Lushly landscaped 4 unit Apartment Compound located in the highly desirable El Mirador area of Palm Springs. Unit mix is ideal for owner/user or wealth storage income investment. Units consists of 3-2+2's all on month to month and a separate 2 bedroom 2 bath owners unit with private 600 sq. ft. semi enclosed patio that opens to the pool. Huge upside in potential rents. Owner unit to be vacated after close of escrow Please do not disturb tenants. G.R.M. is based on projected rents.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-05T14:30:50.533. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
    www.twissrealty.com/homes/118830640
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    723 E Cottonwood Road Palm Springs, CA 92262

    • Price: $1,030,000
    • Status: Active Under Contract
    • Updated: 25 min ago
    • ID#: 21754254
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.26
    Acres
    1976
    Built
    Neighborhood:
    332 - Central Palm Springs
    County:
    Riverside
    Area:
    332 - Central Palm Springs
    Property Description
    Lushly landscaped 4 unit Apartment Compound located in the highly desirable El Mirador area of Palm Springs. Unit mix is ideal for owner/user or wealth storage income investment. Units consists of 3-2+2's all on month to month and a separate 2 bedroom 2 bath owners unit with private 600 sq. ft. semi enclosed patio that opens to the pool. Huge upside in potential rents. Owner unit to be vacated after close of escrow Please do not disturb tenants. G.R.M. is based on projected rents.
    Exterior Features

    Parking Features Side By SideUncovered Pool Features In Ground Pool Private YN No View Mountain(S) View YN Yes

    Interior Features

    Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

    Property Features

    Gross Income 43200 Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 20100 Possession Close Of Escrow Senior Community YN No Special Listing Conditions Standard Tenant Pays Electricity Vacancy Allowance Rate 0 Zoning R2

    Listing provided courtesy of Alan Wachman of Miller & Desatnik Realty Co.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-05T14:30:50.533. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
     
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