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Sold for $1,625,000 on 11/15/24
  • Listing Provided by: 

    Steven Mogavero DRE #00992473 760-848-8088,

    Desert Properties of Coachella Valley

    $1,625,000

    46100 Ocotillo Dr, Palm Desert, CA 92260

    --beds
    --baths
    --sqft
    Multi Family
    Built in 1965
    -- sqft lot
    $1,612,000 Zestimate®
    $--/sqft
    $2,010 Estimated rent

    What's special

    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

    Zillow last checked: 7 hours ago

    Listing updated: December 04, 2024 at 07:24pm

    Listing Provided by:

    Steven Mogavero DRE #00992473 760-848-8088,

    Desert Properties of Coachella Valley

    Bought with:

    Chuck Bennett, DRE #00918000

    Windermere Real Estate

    Source: CRMLS,MLS#: 219117643DAMLS LogoOriginating MLS: California Desert AOR & Palm Springs AOR

    Facts & features

    Interior

    Heating
    • Forced Air
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Water Heater
    Features
    • Utility Room
    • Has fireplace: No

    Property

    Parking
    • Total spaces: 10
    • Parking features: Attached Carport, Assigned
    • Carport spaces: 6
    • Uncovered spaces: 4
    Features
    • Levels: One
    • Stories: 1
    • Has private pool: Yes
    • Pool features: Community, In Ground
    Lot
    • Size: 0.46 Acres
    Details
    • Parcel number: 628082002
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • New construction: No
    • Year built: 1965

    Community & neighborhood

    Community
    • Community features: Pool
    Location
    • Region: Palm Desert
    • Subdivision: Not Applicable-1

    Other

    Other facts
    • Listing terms: Conventional
    Services availability
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    An equal housing lender. NMLS #10287.