For more information regarding the value of a property, please contact us for a free consultation.
73155 Catalina WAY Palm Desert, CA 92260
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $429,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-1
MLS Listing ID 218026362DA
Year Built 1976
Lot Size 7,405 Sqft
Property Description
Good rents, low maintenance, great location. With colleges, parks and employment centers nearby, these units are easy to rent. And rental demand in the area is only growing. Palm Desert is investing in this area heavily. Best spot in Palm Desert to own rental income. This duplex has an 1,100 square-foot, 3 bedroom, 1.75 bathroom unit and a 900 square-foot, 2 bedroom, 1 bathroom unit. Both have a two-car garages and washer-dryer hook-ups. Owner installed a brand new foam roof in 2012. The owner invested in low-maintencance, water-wise landscaping. To many improvements to list. The 2 bedroom unit has new hard floors throughout. Both units are under the care of a management company and have been well cared for. Current rent, $1095 per month. The owner used to occupy the 3 bedroom unit. It has upgrades throughout, including bathroom fixtures and kitchen cabinets. Current rent, $1395 per month. This is a great investment opportunity in the best long-term rental location.
Location
State CA
County Riverside
Area 322 - North Palm Desert
Exterior
Garage Spaces 4.0
Garage Description 4.0
Community Features Park
View Y/N Yes
Building
Lot Description Back Yard, Corners Marked, Cul-De-Sac, Front Yard, Lawn, Landscaped, Level, Near Park, Near Public Transit, Paved, Yard
Story One
New Construction No
Others
Acceptable Financing Cash, Cash to New Loan, Conventional, Cal Vet Loan, FHA, VA Loan
Listing Terms Cash, Cash to New Loan, Conventional, Cal Vet Loan, FHA, VA Loan
Special Listing Condition Standard
Read Less
Bought with JANET STEVENS-MOORE • BRUIN TROJAN REALTORS, INC