CA > Palm Springs > Tranview
Palm Springs, CA 92262,343 W Tramview RD
Palm Springs, CA 92262,343 W Tramview RD
Palm Springs, CA 92262,343 W Tramview RD
Palm Springs, CA 92262,343 W Tramview RD
Palm Springs, CA 92262,343 W Tramview RD
Palm Springs, CA 92262,343 W Tramview RD
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Realty One Group Success

Realty One Group Success

+1(661) 644-4969
$ 930,000
Est. payment | /mo

7,405 Sqft Lot

Save
$ 930,000
Est. payment | /mo
Save

7,405 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Tranview

MLS Listing ID SW25057294

HOA Y/N No

Year Built 1965

Lot Size 7,405 Sqft

Property Sub-Type Quadruplex

Property Description

This fine 4Plex is located just off HIghway 111, and just five minutes from downtown Palm Springs including tenant convenience shopping! These are really nice units that have been fixed up inside and out. SELLER MAY PROVIDE SELLER FINANCINT!! Seller is motivated to sell and therefore has given a major price reduction of $150,000!! Please note that after this price reduction, THIS IS BY FAR THE BEST PRICED PALM SPRINGS 4PLEX OFFERING IN SEVERAL YEARS!!! These units consists of four 2 bedroom 1 bath apartments. Units include upgraded interiors and kitchen appliances. Units have separate gas and electric meters that that tenants sign up and pay for. All units have air conditioning. Seller pays water and trash. These units really perform and at market rents are putting out $95,760 annual gross income, a 9.71 Gross Rent Multiplier, a 8.92% Cap Rate, and a robust 17.37% Cash on Cash Return. For rent roll and income/expense details, PLEASE SEE SUPPLEMENTS attached. Buyer/Buyer's agent to provide all their required disclosures, and provide and pay for all TC services for Buyer and Seller including all documents including through DocuSign.

Location

State CA

County Riverside

Area 331 - North End Palm Springs

Zoning RGA

Interior

Heating None

Fireplace No

Laundry Inside

Exterior

Pool None

Community Features Gutter(s)

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 669401003

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Tony Burton • Burton Commercial, Inc. • 951-375-7433
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(661) 644-4969

patrick@rogsuccess.com

25060 Avenue Stanford, Suite 150

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343 W Tramview RD