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42995 Park

Palm Desert, CA 92260

$1,425,000 $6,007/Mo

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Overview

Bed

Bath

3,986

Sqft

15,246

Sqft(Lot)

Description

PRICED TO SELL!!!!! DON'T MISS OUT ON THIS RARE INVESTMENT OPPORTUNITY. THIS EXCEPTIONAL WELL MAINTAINED LUXURY MULTI-FAMILY PROPERTY ON PARK PLACE IN PALM DESERT IS A PRIME INVESTMENT. EACH UNIT HAS MASTER BEED ROOM WITH A STRONG LAYOUT,NEWER TILE AND LAMINATE FLOORING AND DESIRABLE AMENITIES LIKE GARAGE PARKING, A POOL, AND SPA. IT APPEALS TO SERIOUS LONG TERM AND SHORT TERM TENANTS. NEWER ROOF AND A/C UNITS. ONLY ONE UNIT RENTED! 3 UNITS ARE VACANT TO GET HIGH MARKET RENTS FOR NEW OWNER. PLEASE CALL FOR MORE RENTAL INFORMATION. POSSIBLE OWNER FINANCING AVAILABLE. THE AREA IS SERVED BY EXCELLENT SCHOOLS, INCLUDING ABRAHAM LINCOLN ELEMENTARY AND PALM DESERT HIGH SCHOOL, MALL, EL PESEO, FWY ACCESS, COSTCO, SAMS CLUB AND NEW DISNEY RESORT COTINO. MAKING IT CONSISTENTLY SOUGHT AFTER. IT'S T HE PERFECT ADDITION TO ANY PORTFOLIO, WHETHER YOU'RE JUST STARTING INVSTIONG OR LOOKING TO EXPAND. THIS PROPERTY QUALIFIES FOR STANDART FHA, VA AND CONVENTIONAL FININCING IF OWNER OCCUPIED.

Property Details

Property Type : Residential

Price : $1,425,000

AD Id : 88366247

MLS Id : IV26150354

Beds : 10

Lot Size : 15,246 Sqft

Living Area Size : 3,986

Year Built : 1989

Garage : 10

County : Riverside

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 10

Bathroom Information

Total Baths: 8 Full Baths: 8
Interior Features

AllBedroomsDown

Laundry Features: Inside
Heating & Cooling

Heating: None Has Cooling: Yes Cooling: CentralAir

Building Information

Year Built: 1989

Stories: 1

Pool Features: Fenced, Association

Private Pool: No

View: Mountains

Association Fee Frequency: Monthly

Lot Information

Main Square Feet: 15246 Lot Size Acres: 0.35 Lot Size Source: Assessor Lot Size Square Feet: 15,246 Lot Description: ZeroToOneUnitAcre

Property Information

Subdivision: Park Village Source Property Type: Residential Property SubType: Quadruplex Levels: One Property Age: 37

Listing Price Information

Listing Price: $1425000

Original Price: $1475000

Submit

Tax Information

Parcel Number: 624330001 Tax Lot: 1

Virtual Tour

Virtual Tour (External Link)

Parking Information

Parking Total: 12 Covered

Garage Information

Has Garage: Yes Has Attached Garage: Yes Garage Space: 10

Homeowners Association Information

Has Association: Yes

HOA: $980.00

Association Amenities: PaddleTennis, Pickleball, Pool, Racquetball, SpaHotTub, TennisCourts

Community Features: Park

Location Information

Direction: EAST ON MAGNESIA FALLS DR. LEFT ON PARK PLACE. CORNER OF MAGNESIA FALLS DR AND PARK PLACE WaterSource: Public

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