Address
72795 Datil Way Thousand Palms, CA
Price
$ 509,900
Property Attributes
  • MLS#CV20182465
  • TypeIncome
  • CountyRIVERSIDE
  • CityThousand Palms
  • AreaThousand Palms
  • Zip92276
  • StyleMixed Use
  • Price$ 509,900
  • Bedrooms6
  • Full Bathrooms6
  • Half Bathrooms0
  • Lot Size7,405 SqFt
Listing Provided Courtesy Of:
MANLIO CEJA-GOMEZ with KELLER WILLIAMS COVINA.
Data Source:
CRMLS
Property Description

BACK ON THE MARKET WITH PRICE REDUCTION!!. BUYER DID NOT PERFORM. Savvy Investor/Developer with vision and ambitions WANTED!! This great property is seated right behind Ramon Rd, one of the major streets in Thousand Palms, Cathedral City and Rancho Mirage. Location is a PRIME!! just 5-10 minutes away from AGUA CALIENTE CASINO RESORT & SPA. There is major retailers within half a mile from this property; In & Out Burgers, Dennis Restaurant, Dominos Pizza, Del Taco, U.S. Postal Service, Arco Gas Station, and much more. Property is currently being used as a Multi-Unit but could also be used as a Hotel/Motel or AIRBNB Facility for those visitors that want the quietness this place can offer. You CANNOT miss this opportunity to acquire this place for what is worth!. Property Features: 6 Studio Units with Fully functional Kitchen with Fridge - Stove and Microwave, Full Bathroom and Closet. Each Unit is approx. 385 SF, Each Unit has its own Electrical Meter, Each Unit has its own Wall A/C unit. Some updates has been done and property is in TURN KEY conditions. There is One Propane Tank for all the units and One Water Meter. So, Stop Looking and Start Investing in this AWESOME Income Property!. SEE ATTACHED ESTIMATED FINANCIAL ANALYSIS WITH PROJECTED FUTURE RENTS AND SUPPLEMENTAL.

Price History
9/15/2020 Listed $509,900

General Features

Community Features Street Lights
Cooling Wall/Window Unit(s)
Flooring Tile
Heating None
Interior Features All Bedrooms Down
Levels One
MLS Area 320 - Thousand Palms
Parking Features Driveway Up Slope From Street
Pool Features None
Property Attached Y/N Yes
Property SubType Mixed Use
Property Type Residential Income
Roof Composition, Shingle
Rooms Bedroom
Security Features Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer Septic Type Unknown
Spa Features None
Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Total Actual Rent 4579
Total Units 6
Utilities Cable Available, Electricity Connected, Propane, Water Connected
View None
Water Sewer Expense 540
Zoning C-P-S

Interior Features

Air Conditioning Y/N Yes
Common Walls 1 Common Wall
Fireplace Features None
Laundry Features None

Exterior Features

Fencing Block, Chain Link, Excellent Condition
Foundation Details Slab
Lot Features 6-10 Units/Acre, No Landscaping, Near Public Transit
Lot Size Acres 0.17
Lot Size Area 7405
Lot Size Source Assessor
Lot Size Square Feet 7405
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 6
Number of Separate Gas Meters 1
Number of Separate Water Meters 1
Road Frontage Type City Street
Road Surface Type Paved
Water Source Public

Room Details

Room Dimensions Level Flooring Details
Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92276

Price
AVG $510K
$510K
Visits
AVG 223
222
Year Built
AVG 1966
1966
Walkscore
AVG 45
45
Data Provided by Walkscore ® not using MLS data

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