Contact Kim Barron
Contacting Kim Barron
  • All fields are required.
Schedule A Showing
Schedule a Showing.
  • All fields are required.
Check this box to Register with us:
Request more information
  • MLS#: PW25265610 ( Commercial/Residential )
  • Street Address: 72805 Parkview Drive
  • Viewed: 1
  • Price: $9,999,999
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1989
  • Bldg sqft: 0
  • Days On Market: 4
  • Additional Information
  • County: RIVERSIDE
  • City: Palm Desert
  • Zipcode: 92260
  • Subdivision: Other (othr)
  • Provided by: RE/MAX College Park Realty
  • Contact: Brian Brian
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Truly ONE OF A KIND, this 26 unit multifamily community spans 6 distinctive buildings and offers a rare combination of privacy, convenience, and strong rental appeal. This property offers (1) 3 bedroom, 2 bath unit, (20) 2 bedroom, 2 bath units and (5) 2 bedroom, 1 bath units that are ALL BELOW MARKET VALUE. Every unit has central Air Conditioning and its own private 2 car detached garage. The community has an additional 26 uncovered parking spaces for guest parking. Property is fully occupied with substantial rental upside. The community offers desirable shared features, including a sparkling pool, on site laundry facilities, and well maintained grounds. Gas, water, and trash are included, streamlining management and providing added value to residents. Ideally located to all things great in the desert and is in walking distance to the College of the Desert. This property consistently attracts long term, reliable tenants. With unmatched features and steady tenant demand in a prime location, this is a standout investment opportunity with exceptional long term potential. Impeccably maintained property with pride of ownership. Do not disturb occupants.
Request More Information
  • All fields are required.
Features
Appliances
  1. Dishwasher
  2. Disposal
  3. Gas Range
Assessments
  1. Buyer to Verify
Association Amenities
  1. Pool
Association Fee
  1. 0.00
Building Area Total
  1. 4.00
Cable Tv Expense
  1. 0.00
Commoninterest
  1. None
Common Walls
  1. 2+ Common Walls
  2. No One Above
Construction Materials
  1. Stucco
Cooling
  1. Central Air
Country
  1. US
Electric
  1. Standard
Electric Expense
  1. 4059.00
Entry Location
  1. single
Exclusions
  1. Refrigerator
  2. tenants provide
Fireplace Features
  1. Electric
  2. Gas
Flooring
  1. Carpet
  2. Tile
Fuel Expense
  1. 871.00
Furniture Replacement Expense
  1. 0.00
Garage Rental Rate
  1. 0.00
Garage Spaces
  1. 26.00
Gardner Expense
  1. 21525.00
Heating
  1. Forced Air
Insurance Expense
  1. 15005.00
Interior Features
  1. Formica Counters
Laundry Equipment Own Lease
  1. Own
Laundry Features
  1. Community
Laundry Income
  1. 100.00
Levels
  1. One
Lockboxtype
  1. None
Lot Dimensions Source
  1. Assessor
Lot Features
  1. 26-30 Units/Acre
Netoperatingincome
  1. 217878.00
Number Of Rentedgarages
  1. 26
Number Of Separate Electric Meters
  1. 26
Number With Carpet
  1. 26
Number With Dishwasher
  1. 26
Number With Disposal
  1. 26
Number With Range
  1. 26
Parcel Number
  1. 640063018
Parking Features
  1. Assigned
  2. Garage
  3. Garage Door Opener
  4. Guest
Pest Control Expense
  1. 792.00
Pool Expense
  1. 2160.00
Pool Features
  1. Community
Professionalmanagementexpense
  1. 18000.00
Property Type
  1. Commercial/Residential
Road Surface Type
  1. Alley Paved
Roof
  1. Other
  2. Spanish Tile
Security Features
  1. Carbon Monoxide Detector(s)
  2. Resident Manager
  3. Smoke Detector(s)
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 452533841:CRM
Spa Features
  1. None
Subdivision Name Other
  1. Parkview
Suppliesexpense
  1. 2038.00
Tenant Pays
  1. Cable TV
  2. Electricity
  3. Telephone
Totalactualrent
  1. 36575.00
Totalexpenses
  1. 172939.00
Trash Expense
  1. 6917.00
Uncovered Spaces
  1. 26.00
Utilities
  1. Electricity Connected
  2. Natural Gas Connected
  3. Phone Connected
  4. Water Available
View
  1. Desert
  2. Mountain(s)
Water Sewer Expense
  1. 8356.00
Water Source
  1. Public
Workmanscompensationexpense
  1. 3406.00
Year Built
  1. 1989
Year Built Source
  1. Assessor