$1,120,000
$1,189,000
5.8%For more information regarding the value of a property, please contact us for a free consultation.
73970 Grapevine ST Palm Desert, CA 92260
0.28 Acres Lot
Key Details
Sold Price $1,120,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-1
MLS Listing ID 219024441DA
Sold Date 04/17/20
Construction Status UpdatedRemodeled
HOA Y/N No
Year Built 1975
Lot Size 0.279 Acres
Acres 0.2795
Property Description
In Escrow but subject to buyers sale of property to be determined by 2/24/20. Taking back ups. 24 hour notice to remove contingency so dont be afraid to write back . ! Incredible pride of ownership building and location in South Palm Desert, with views backing up to Shadow Mountain Golf Course & mountains in the background, NOTHING LIKE IT!!! Across the street from The Vintage and walking distance to El Paseo and The Living Desert. Large well cared for units in this most desirable location for any apartment building in the desert. Each unit has 2 bedrooms 2 bathrooms, and huge living room with lower patios & upstairs deck to enjoy the phenomenal views. Each unit has 1 car garage space, and is Individually metered, with laundry in each unit. 2 units have been recently gutted and the other two are older but in great condition. Rare opportunity to invest in South Palm Desert units. Also possibly available is 46455 Portola next door on the neighboring corner. Both are identical buildings/set up. Rents are fairly low. VERY low turnoever, Some are long term tenants. Owner will consider trades, Sale is subject to 1031 but owner is looking. Rents are currently $1600, $1625, $1395 and $1225
Location
State CA
County Riverside
Area 323 - South Palm Desert
Interior
Heating Electric, HeatPump
Cooling HeatPump
Flooring Carpet, Tile
Fireplace No
Appliance Dishwasher, ElectricCooktop, ElectricCooking, ElectricRange, ElectricWaterHeater, Microwave, Refrigerator, VentedExhaustFan, WaterHeater
Exterior
Garage Driveway, Garage, GarageDoorOpener, Other
Garage Spaces 4.0
Garage Description 4.0
Pool Gunite, InGround
View Y/N Yes
View Mountains, Panoramic
Parking Type Driveway, Garage, GarageDoorOpener, Other
Total Parking Spaces 8
Private Pool Yes
Building
Lot Description BackYard, IrregularLot, Landscaped, Level, OnGolfCourse, Paved, RectangularLot, Yard
Story 2
Entry Level Two
Foundation Slab
Level or Stories Two
Construction Status UpdatedRemodeled
Others
Senior Community No
Tax ID 630142014
Acceptable Financing Cash, CashtoNewLoan, Conventional, Item1031Exchange
Listing Terms Cash, CashtoNewLoan, Conventional, Item1031Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Sara Swanson • BD Homes-The Paul Kaplan Group
The Wilkas Group - Lenore & Alexander Wilkas
Real Estate Advisors | License ID: 01343201 & 01355442