73625 Catalina Way, Palm Desert, CA 92260 (MLS# 214012347)

73625 Catalina Way, Palm Desert, CA 92260

$1,925,000

Property Type: Residential Income Bedrooms: 26 Baths: 26 Square Footage: 17,280 Lot Size (sq. ft.): 27,878 Status: Closed

Current Price: $1,925,000 List Date: 4/04/2014 Last Modified: 11/17/2024

Overview

Description

New IMPROVED PRICE! Excellent investment opportunity in the heart of sunny Palm Desert, CA! High quality single-story construction in a fantastic location directly across from the Joslyn Senior Center. Property size, amenities offered, meticulous maintenance and pride of ownership combine to make this a first rate senior apartment community with extremely low historical vacancy rates. Seven buildings with FIFTEEN 1BR/1BA units, FIVE 2BR/2BA units (three with additional sun rooms) and ONE studio unit, for a total of 21 rentable units. All units offer ensuite washer/dryers as well as stoves, dishwashers & refrigerators. Suites have been updated with new paint, carpet & tiles, as needed. Property amenties include sparkling pool/spa, 16 carports, and 4 private parking spaces. Premiere location, close to all the best shopping, dining, services, medical, & entertainment options the desert offers.

Listing Details MLS# 214012347

General Property Information

Total Units: 21
Total Bedrooms: 26
Full Baths: 26
Total Baths: 26
Approx SqFt: 17280
SqFt Source: Other
Price Per Unit: 104761
Fireplace: No
Pool: Yes
Lot Acres: 0.64
Lot Size Source: Assessor
Year Built: 1990
Cross Streets: Between San Pablo & Portola

Property Features

Owner Pays: Gardener; Pool Service; Other Sale Type: Standard Listing Terms: Cash; Cash to New Loan; Conventional Possession: Close Of Escrow Lot Description: Landscaped; Level; Rectangular Lot Lot Location: Near Public Transit Property Condition: Updated/Remodeled Disclosures: Property As Is Levels: Ground Level, No Unit Above; One Exterior Construction: Stucco Foundation: Slab Cooling Type: Central Air Pool Location: Community Pool Accessories: Safety Fence Pool Construction: In Ground Spa Hot Tub Construction: In Ground Spa Hot Tub Description: Community; Fenced TV Services: Cable TV Roofing: Composition; Shingle; Tile Sewer: In, Connected and Paid Land Lease Type: Fee Simple

Listing Location and Property Info

APN: 627113013
Original List Price: 2495000
Street #: 73625
Street Name: Catalina
Street Suffix: Way
County: Riverside
State: CA
Zip Code: 92260
Area: 322 - Palm Desert North

Listing Info

Number of Buildings: 7

Tax Info

Tax Mello Roos: Unknown

Property Info

View: Yes
Senior Community: Yes

More Information

Status Change Info

Status Change Date: 2014-11-15
Pending Date: 2014-11-14
Closed Date: 2014-11-14
Closed Price: 1925000

Counts

# Electric Meters: 21
# Gas Meter: 21
# Water Meters: 21

Listing Office: Bennion Deville Homes

Listing Agent: Beckloff Dye Associates

Last Updated: November - 17 - 2024

Information deemed reliable but not guaranteed.