45601 Monroe Street, Indio, CA 92201 (MLS# 214012923)

45601 Monroe Street, Indio, CA 92201

$1,950,000

Property Type: Residential Income Bedrooms: 63 Baths: 40 Square Footage: 33,444 Lot Size (sq. ft.): 74,488 Status: Closed

Current Price: $1,950,000 List Date: 4/07/2014 Last Modified: 11/17/2024

Overview

Description

Fantastic investment opportunity in the heart of Indio, California! Huge complex with 33 rentable units, 91% two bedrooms: SIXTEEN 2br/1ba (plus patio), SEVEN 2br/1ba (plus patio), SEVEN 2br/2ba (plus carport & patio above carport), ONE 1br/1ba, TWO studios. Building offers approx. 33,444 sq. ft. of net rentable area, with average unit size a whopping 984 sq. ft.! Property amenities include a 200 sq. ft. property management office, a storage room, and TWO revenue-generating laundry rooms. Sparkling 20 ft. x 40 ft. safety-fenced swimming pool in the complex courtyard. Property exterior completely repainted in March 2014. Individual suites being renovated with fresh paint and newer appliances upon tenant turnover. Offers 32 covered parking stalls, plus additional open spaces. Property is very centrally located, just half block from Indio Plaza Shopping Center, and near Indio Fashion Mall & Tyselling shopping center. Close to Indio High School and Indio Teen Center.

Listing Details MLS# 214012923

General Property Information

Total Units: 33
Total Bedrooms: 63
Full Baths: 40
Total Baths: 40
Approx SqFt: 33444
SqFt Source: Other
Price Per Unit: 68939
Fireplace: No
Pool: Yes
Lot Acres: 1.71
Lot Size Source: Assessor
Cross Streets: One block north of Hwy 111, on Monroe

Property Features

Owner Pays: Gardener; Pool Service; Water Tenant Pays: Electricity Sale Type: Standard Listing Terms: Cash; Cash to New Loan; Conventional Possession: Close Of Escrow Lot Description: Landscaped; Lawn; Level Lot Location: Near Public Transit View Type: Mountain(s); Pool Property Condition: Updated/Remodeled Disclosures: Property As Is Levels: Two Cooling Type: Air Conditioning; Central Air Pool Location: Community Pool Construction: In Ground Heating: Forced Air TV Services: Cable TV Roofing: Composition; Shingle Sewer: In, Connected and Paid Road Surface Type: Alley Paved; Paved Land Lease Type: Fee Simple

Listing Location and Property Info

APN: 608230016
Original List Price: 2275000
Street #: 45601
Street Name: Monroe
Street Suffix: Street
County: Riverside
State: CA
Zip Code: 92201
Area: 311 - Indio Central

Listing Info

Number of Buildings: 4

Tax Info

Tax Mello Roos: Unknown

Status Change Info

Status Change Date: 2014-08-01
Pending Date: 2014-07-31
Closed Date: 2014-08-01
Closed Price: 1950000

More Information

Counts

# Electric Meters: 33

Listing Office: Bennion Deville Homes

Listing Agent: Beckloff Dye Associates

Last Updated: November - 17 - 2024

Information deemed reliable but not guaranteed.