46100 Ocotillo Drive, Palm Desert, CA 92260

$1,625,000
12
BD
12
BA
7,800
SqFt
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Sold Price
$1,625,000
List Price
$1,695,000
Closing Date
Nov 15, 2024
Status
CLOSED
MLS#
219117643
Year Built
1965
Bedrooms
12
Bathrooms
12
Living Sq. Ft
7,800
Lot Size
20,038
Days on Market
15
Property Type
Multifamily
Stories
1
Neighborhood
Not Applicable
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760-574-9552

Property Description

Rarely available Mid-Century Garden - style Apartment building | 6 - 2 bedroom 2 bath large units with back patios | All units are clean, and well maintained | only 2 units are at Market rents = Upside $$$ | All units open to gated pool | Community laundry room | Carport parking plus additional off street driveway parking | Walking distance to world famous El Paseo shops and restaurants | Will perform at approx. 5.0% CAP rate, at asking price | Incredibly well maintained - Excellent turn-key investment

760-574-9552
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Additional Information

Land Lease Type
Fee
Pool
Yes
Pool Description
Safety Fence, Community, In Ground
Heat
Forced Air
Cooling
Air Conditioning
Parking
Assigned, Attached Carport
Sewer
In, Connected and Paid
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Listing courtesy of Desert Properties of Coachella Valley. Selling Office: .