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    72795 Datil Way

    Thousand Palms, CA 92276
    • $529,900
    • STATUS: Active Under Contract
    • ON SITE: 58 days
    • ID#: CV21119998
    Under Contract
    $529,900
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1966
    County:

    School Ratings & Info

    Description

    Looking for the SAVVY investor with vision and ambitions!. This property is located on a PRIME area, nearby major retailers, Hotels, Shopping Malls, Gas Stations, 10 Fyw and Agua Caliente Resort & Casino. You CAN'T go wrong with this property. All units are FULLY occupied and producing awesome income with upside potential to produce even more. Population has been increasing in the last 5 years and that only means better income in the near future. If you are serious about investing in your retirement then, this is for you!. Property is currently used as a Multi-Family Residential Studio Units with long term tenants. Property Features; 6 Studio Units with fully functional kitchen including Fridge, Stove Microwave, full bathroom, and closet plus a service room. Each unit has its own A/C unit, Each unit is approximately 385 SqFt. living space plus there is a back yard where you can place a Shed for additional storage and income. Total of Three units have been recently updated and property is in TURN KEY Conditions. So, STOP looking and START investing in this AWESOME Income Property!! See the supplements section for additional accurate information.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-01T00:28:22.747. 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/117884137
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    72795 Datil Way Thousand Palms, CA 92276

    • Price: $529,900
    • Status: Active Under Contract
    • ID#: CV21119998
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1966
    Built
    Neighborhood:
    Thousand Palms (32004)
    County:
    Riverside
    Area:
    320 - Thousand Palms
    Property Description
    Looking for the SAVVY investor with vision and ambitions!. This property is located on a PRIME area, nearby major retailers, Hotels, Shopping Malls, Gas Stations, 10 Fyw and Agua Caliente Resort & Casino. You CAN'T go wrong with this property. All units are FULLY occupied and producing awesome income with upside potential to produce even more. Population has been increasing in the last 5 years and that only means better income in the near future. If you are serious about investing in your retirement then, this is for you!. Property is currently used as a Multi-Family Residential Studio Units with long term tenants. Property Features; 6 Studio Units with fully functional kitchen including Fridge, Stove Microwave, full bathroom, and closet plus a service room. Each unit has its own A/C unit, Each unit is approximately 385 SqFt. living space plus there is a back yard where you can place a Shed for additional storage and income. Total of Three units have been recently updated and property is in TURN KEY Conditions. So, STOP looking and START investing in this AWESOME Income Property!! See the supplements section for additional accurate information.
    Exterior Features

    Fencing BrickChain LinkGood Condition Lot Features Near Public Transit Number Of Separate Electric Meters 6 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type MaintainedPaved Roof CompositionShingle View Mountain(S) View YN Yes

    Interior Features

    Accessibility Features No StairsParking Appliances Gas RangeMicrowaveRefrigerator Common Walls No Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Tile Heating None Heating YN No

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 7.3 Common Interest None Community Features BikingStreet Lights Contingency None. Current Financing Conventional Electric Standard Electric Expense 3900 Fuel Expense 4500 Garage YN No Gross Income 56736 Gross Scheduled Income 56736 Insurance Expense 840 Land Lease YN No Laundry Features None Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventionalUsda Loan Net Operating Income 37696 New Construction YN No New Taxes Expense 5120 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 6 Operating Expense 19040 Possession Close Of Escrow Property Sub Type Mixed Use Rent Control YN No Senior Community YN No Sewer Septic Type Unknown Special Listing Conditions Standard Tenant Pays Cable Tv Total Actual Rent 4728 Trash Expense 1020 Utilities Electricity AvailableNatural Gas Not AvailablePropaneWater Connected Water Sewer Expense 3660 Water Source Public Zoning C-P-S

    Listing provided courtesy of Favio Ceja-Gomez of Keller Williams Covina


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-01T00:28:22.747. 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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    Mariposa CA, 95338