$1,900,000
$1,999,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
0.54 Acres Lot
SOLD DATE : 06/29/2023
Key Details
Sold Price $1,900,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-1
MLS Listing ID 219091361DA
Sold Date 06/29/23
HOA Y/N No
Year Built 1947
Lot Size 0.540 Acres
Property Description
Location, Location, Location!In the city of Rancho Mirage-this address-envy property features 8 1b/1b units in 3 buildings on a large piece of land! Easy access to Hwy 111 , close to it all , yet quietly tucked away in a back street-right behind the famous Pink Elephant car wash! In the geographical middle of the Desert and Palm Springs and Palm Desert on each side of it!Walking distance to the River-literally 1 min walking-featuring a movie theater, major retailers, and a mix of national chain and local flavor restaurants and other services shops and a public entertainment, live-shows Whitewater parkmajor systems in property have been redone by the city of RM , according to the Seller and before current owner purchased, i.e. roof, stucco.....Total of 3 buildings with 8 total units, each one approximatelly 500 sq.ft .Plans for a 16000 sq.ft medical and professional 2 story office building with 17 offices, 36 parking spaces and 6000sq.ft of landscape may be available with the sale but the city building permit has expired and may need to be resubmitted!
Location
State CA
County Riverside
Area 321 - Rancho Mirage
Interior
Heating Electric, Forced Air, Wall Furnace
Flooring Tile
Fireplace No
Exterior
Garage Assigned
Garage Spaces 10.0
Garage Description 10.0
Pool Above Ground
View Y/N Yes
View Hills
Total Parking Spaces 20
Private Pool Yes
Building
Story 1
Entry Level One
Sewer Unknown
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 684240008
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan
Financing Cash
Special Listing Condition Standard
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Bought with Troy Kudlac • KUD Properties, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
Scott Greenspan
Broker Owner