$509,900

72795 Datil Way

Thousand Palms CA, 92276

Description

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 about 454 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.

Details

MLS#CV20182465
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1966
Days On Site76

Features

SQ Feet2,268
Units6
Building(s)1

Market Activity 92276

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Area Information
StateCA
CountyRiverside
CityThousand Palms
Zip Code92276
Area320 - Thousand Palms
Listing VS Median (in 92276)
Price:
$509,900
low | high
Med:
$164,950
100% of Average
SqFt:
2,268
low | high
Med:
1,375
89.373897707231% of Average
$ / SqFt:
$225
low | high
Med:
$122
95.764536373356% of Average
On Site:
76
low | high
Med:
76.500000
99.346405228758% of Average
Listing Updated: November 29, 2020 10:22:12 PM PST
MANLIO CEJA-GOMEZ LogoMLS Number: CV20182465
Listing Provided By:
MANLIO CEJA-GOMEZ  of  KELLER WILLIAMS COVINA
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