46100 Ocotillo Drive, Palm Desert, CA 92260

$1,625,000
12
BD
12
BA
7,800
SqFt

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Sold Price
$1,625,000
List Price
$1,695,000
Closing Date
Nov 15, 2024
Status
CLOSED
MLS#
219117643
Year Built
1965
Bedrooms
12
Bathrooms
12
Living Sq. Ft
7,800
Lot Size
20,038
Days on Market
15
Property Type
Multifamily
Stories
1
Neighborhood
Not Applicable

Property Description

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

Additional Information

Land Lease Type
Fee
Pool
Yes
Pool Description
Safety Fence, Community, In Ground
Heat
Forced Air
Cooling
Air Conditioning
Parking
Assigned, Attached Carport
Sewer
In, Connected and Paid

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Desert Properties of Coachella Valley. Selling Office: .