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  • MLS#: 219113170DA ( )
  • Street Address: 27700 Avenida Terrazo
  • Viewed: 10
  • Price: $1,800,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1983
  • Bldg sqft: 0
  • Days On Market: 186
  • Additional Information
  • County: RIVERSIDE
  • City: Cathedral City
  • Zipcode: 92234
  • Provided by: Grossman Real Estate
  • Contact: Kurt Kurt
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Exceptional opportunity to acquire a 7 unit well maintained, multi unit, rental property in a lovely residential neighborhood of single family homes. Consisting of six 1 bedroom, 1 bath units and one 2 bedroom, 2 bath unit, all units have separate gas and electric meters enabling tenant paid utilities. There is also a common laundry room for the use of the tenants, which also generates additional income for the owner. This unique property, just off of Vista Chino is located close to all of the neighborhood amenities including shopping, entertainment and easy access to the freeway. A property of this type is a rarity in today's real estate market.
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Features
Appliances
  1. Refrigerator
  2. Gas Range
  3. Gas Water Heater
Architectural Style
  1. Mediterranean
Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Electric Expense
  1. 100.00
Exclusions
  1. Personal property owned by tenants.
Flooring
  1. Tile
Foundation Details
  1. Slab
Garage Spaces
  1. 0.00
Gardner Expense
  1. 1000.00
Heating
  1. Forced Air
Inclusions
  1. All F
  2. F & E in the units and laundry room owned by the seller.
Insurance Expense
  1. 4825.00
Laundry Income
  1. 350.00
Levels
  1. One
Lockboxtype
  1. None
Lot Features
  1. Rectangular Lot
  2. Paved
Netoperatingincome
  1. 83460.00
Otherincome1
  1. 350.00
Parcel Number
  1. 677173055
Parking Features
  1. Street
  2. Shared Driveway
  3. Other
Postalcodeplus4
  1. 5521
Roof
  1. Tile
Sourcesystemkey
  1. 20240615230625524236000000:CDAR
Tenant Pays
  1. Cable TV
  2. Gas
  3. Electricity
Totalactualrent
  1. 106089.00
Uncovered Spaces
  1. 0.00
Views
  1. 10
Water Sewer Expense
  1. 791.00
Year Built
  1. 1983
Year Built Source
  1. Assessor