Palm Desert, CA 92260,73282 Ca-111
Palm Desert, CA 92260,73282 Ca-111
Palm Desert, CA 92260,73282 Ca-111
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$729,950
Est. payment /mo
6,098 Sqft Lot
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 219122713DA

HOA Y/N No

Year Built 1952

Lot Size 6,098 Sqft

Property 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.

Location

State CA

County Riverside

Area 322 - North Palm Desert

Zoning C-1/C-P

Interior

Fireplace No

Others

Tax ID 627092021

Special Listing Condition Standard


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California Regional MLS (CRMLS)
Listed by Steven Mogavero • Desert Properties of Coachella Valley
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Lakeshia's passion for real estate and her love for California are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in California. 

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73282 Ca-111