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Off market
  • Listing Provided by: 
    $749,088

    343 W Tramview Rd, Palm Springs, CA 92262

    --beds
    --baths
    3,200sqft
    Quadruplex
    Built in 1965
    -- sqft lot
    $-- Zestimate®
    $234/sqft
    $3,566 Estimated rent

    What's special

    THIS IS A SMOKING DEAL!!! CHECK OUT LATEST PALM SPRING SALE COMPS ATTACHED IN SUPPLEMENTS. PRICES RANGE FROM $1,035,000 TO $1,579,000! AND WE ARE ASKING $899,000!!! This fine 4Plex is located just off Highway 111, and just five minutes from downtown Palm Springs including tenant convenience shopping! These are really nice units that have been fixed up inside and out. SELLER WILL PROVIDE FINANCING WITH ONLY $250,000 DOWN!!! THIS IS BY FAR THE BEST PRICED PALM SPRINGS 4PLEX OFFERING IN SEVERAL YEARS!!! These units consists of four 2 bedroom 1 bath apartments. Units include upgraded interiors and kitchen appliances. All units have laundry hook ups! Units have separate gas and electric meters that that tenants sign up and pay for. All units have air conditioning. Seller pays water and trash. These units really perform and at market rents are putting out $95,760 annual gross income, a 9.39 Gross Rent Multiplier, a 9.31% Cap Rate, and a robust 19.31% Cash on Cash Return. Check out FOUR NEARBY RENT COMPS AT $1,995 MONTHLY in Supplements attached!! For rent roll and income/expense details, PLEASE SEE SUPPLEMENTS attached.

    Zillow last checked: 7 hours ago

    Listing updated: June 30, 2025 at 02:57pm

    Source: CRMLS,MLS#: SW25057294MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Heating
    • None
    Appliances
    • Laundry: Inside
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,200
    • Total interior livable area: 3,200 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 7,405 sqft
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 669401003
    • Zoning: RGA
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1965

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Gutter(s)
    Location
    • Region: Palm Springs
    • Subdivision: Tranview

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan
    Services availability
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