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$2,199,000price
Beds
Total Baths
12,120Sqft

15 unit "casita" style compound located at 311-347 N. Saturmino Drive in the desirable Sunrise Park section of Palm Springs. The property is in close proximity to the "Uptown" commercial district, and consists of 15 two bedroom/2 bath apartments, all with private patios, central heat/air & individual water heaters. Some units also have private front patios. Ten of the units have been moderately upgraded with new counter tops & appliances. The leased laundry machines allow for extra added income and there is a solid 30% upside in the current rents with considerable added value to the great curb appeal and sense of privacy that already exists with this asset. Drive by only. Please do not disturb the tenants. Please check docs for property set up.

Listing Details

Essential Information

MLS® #: 17273940
Price: $2,199,000
Bathrooms: 0.00
Square Footage: 12,120
Year Built: 1977
Type: Income
Style: Contemporary
Status: Active

Community Information

Address: 311 N Saturmino Dr
Area: Palm Springs Central (332)
City: Palm Springs
County: Riverside
State: CA
Country: UNITED STATES OF AMERICA
Zip Code: 92262

Amenities

Parking Spaces: 23
Parking: Side by Side
Waterfront: None (N)

Interior

Appliances: Garbage Disposal
Heating: Central Furnace
Cooling: Air Conditioning, Central A/C
# of Stories: 1

Additional Information

Date Listed: September 18th, 2017
Days on Market: 63
Zoning: R2
HOA Fees: 0.00

Financials

$/SqFt: $181
Listing Agent: Alan Wachman (01047592)
Listing Office: Miller & Desatnik Realty Co.
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Last updated on November 20th, 2017 at 5:02am PST