$729,950
( )
$3,919 est/mo Sourced by Back At You73282 Ca-111 , Palm Desert, CA 92260
Palm Desert, CA 92260
Description
Leased investment being sold for lot value. Building . currently set up with retail/office/service businesses. Total of 7 suites, with 3 tenants occupying 5 of these suites( 2 are vacant), and currently generating total of $3700/month. 2 suites on the street, others are in courtyard type setting. 2 bathrooms. Huge rear parking lot with 14+ parking spots. Same owners for 20+ years realize there is a lot of deferred maintenance, and have priced this accordingly. All current tenants are on month-to-month or their lease is up June of this year. Great for an owner user, looking to develop in the future -If fully leased, this would perform at approx. a 6 CAP with new taxes, insurance , etc.
Details
| MLS# | 219122713DA |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1952 |
| Days On Site | 67 |
| Listing Provided By | Desert Properties of Coachella Valley (760) 848-8088 | Steven Mogavero |
Features
| Zoning | C-1/C-P |
|---|---|
| Acreage | 0.14 |
Market Activity 92260
Request a showing
Request a showing
Loading Form
Contact
Learn More About This Property
| State | CA |
|---|---|
| County | Riverside |
| City | Palm Desert |
| Zip Code | 92260 |
| Area | 322 North Palm Desert |
| Listing VS Median (In 92260) | |
Price: $729,950 low | high Med: $399,000 On site: 67 low | high Med: 112.000000 | |
Listing Updated: February 18, 2025 at 4:35:35 PM PST