$1,399,444

860 E Chuckwalla Road

Palm Springs CA, 92262

Description

TOTAL FOR BOTH PARCELS: $2,888,888 FIRM HOME HEALTH CARE? ASSISTED LIVING? REHAB CENTER? Owner knows the value and knows the BUSINESS OPPORTUNITY INVESTORS CAN IMPLEMENT ON THIS 12 UNIT (check w/ CITY) SPRAWLING POOL COMPLEX (860 and 920 CHUCKWALLA RD) LOCATED IN THE HUSSLEAND BUSSLE OF EVER GROWING PALM SPRINGS. OWNER HAS SPARED NO EXPENSE IN REMODELING ABOUT 10 YEARS AGO BUT Interiors are READY FOR ANOTHER FACE LIFT EXTERIOR ON THE OTHER HAND IS GORGEOUS W/ FOUNTAINS PALM AND FICUS TREES. EACH UNIT HAS ITS OWN SEPARATE FRONT AND BACK PATIOS. FIVE UNITS HAVE ITS OWN WASHER AND DRYER FACILITY. ALSO COIN OPERATED MACHINES ON SITE AS WELL MANAGED BY A COMPANY (no fee headache) EACH SIDE HAS A FRONT HOUSE PLUS ONE BEDROOM UNIT WITH 2BD1/1BA AND 1BD/1BA UNIT. ****. THEN BACK BUILDING HAS 4 MODEL MATCH UNITS ALL WITH PRIVATE PATIOS. 920 CHUCKWALLA HAS A POOL. 860 chuckwalla has a storage shed in front. THERE ARE 12-13 off street parking stalls and the two back buildings have brand new roofs in the past 5 years. Long term happy tenants but Im sure investor will want to change the property to a successful BUSINESS AND NOT JUST AN APARTMENT COMPLEX. DRIVE BY ONLY. PLEASE DO NOT Rent rollsTwo parcels 860 n 920Chuckwalla860. $1500. House private laundry862. $900 private laundry 864 $800 she helps manage end unit 866 $850868 $875$870 $895 private laundry end unit 910 $850 912 $895914 $860916 $875918 $1150. Private laundry930 $1650EXPENSES PER MONTHWater $300Insurance $890Elec : $800Trash $275Gas $95. Left sideGas: $300. Right sidePool: $150TENANTS HAVE NEVER MOVED. THE LOVE IT THERE AND MANAGERS ARE IN SITE MANUEL. UNIT 860Sergio UNIT 862Easy to show. Let me know DISTURB TENANTS MANAGERS ARE ON SITE. Most units separately gas , ALL SEPARATELY ELECTRIC METERED. OWNER PAYS POOL, insurance taxes and water. Also managers have been maintaining landscaping since day one of ownership and they do a beautiful job!

Details

MLS#TR21059285
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1966
Days On Site51

Features

SQ Feet4,500
Units12
Building(s)4
Water FrontNo
Property ViewYes

Market Activity 92262

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Area Information
StateCA
CountyRiverside
CityPalm Springs
Zip Code92262
Area332 - Central Palm Springs
Listing VS Median (in 92262)
Price:
$1,399,444
low | high
Med:
$399,000
100% of Average
SqFt:
4,500
low | high
Med:
2,023
100% of Average
$ / SqFt:
$311
low | high
Med:
$197
86.578866135754% of Average
On Site:
51
low | high
Med:
213
23.943661971831% of Average
Sourced by Back At You
Listing Updated: May 10, 2021 7:14:59 AM PDT
Richard Furstenberg LogoMLS Number: TR21059285
Listing Provided By:
Richard Furstenberg  of  Furstenberg Realty
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.