950 East Chuckwalla Road, Palm Springs, CA 92262 - For Sale
Four units: all are two-bedroom/two-bath units with patios. Three units (#2,3,4) are similar in size and layout. The fourth larger unit (#1) is detached and separate with it's own private entry and private patio. This larger, private unit might be perfect for the owner-occupy buyer. All units have tile and carpet floors throughout, central air and heat, stoves, dishwashers (except #2) and refrigerators. The roof was redone in 2005. The grounds and pool area are very private with a nice tropical feel. Tenants pay their own electricity. Good, central location. Walking distance to downtown Palm Springs. Units #1 and #2 are currently vacant to accommodate showings. Sellers estimate the building was built in 1970 as tax records do not show a date built (buyer to verify). With the three smaller units rented at $850 a month and the fourth larger unit rented at $1100 a month, the PROJECTED CAP rate would be approximately 6.22%.
950 East Chuckwalla Road - listing #1260859
- Type: Multi-Family
- Year Built: 1970
- Price: $549,000
- MLS#: 21479328
- Letest update: 11/28/13
- Area Size (SF): 3,500
Status: For Sale
Added: 2013-11-28 Updated: 2013-11-28
Palm Springs, CA 92262 US
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Useful information about Palm Springs, CA 92262 location:
The population of this area is about 24,906. The Average count of Households in this area is 15,736. Black population is about 1,415, White Population is about 18,419, Hispanic Population is about 7,011, Asian Population is about 823, Hawaiian Population is about 51, Indian Population is about 261, Other Population is about 3,088. Average Houses in this area is 144,700. Average Income per Household is $32,844. Median Age of population is 41.8 years.
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