520 S Desert View Drive, Palm Springs, CA 92264 - MLS#CV25050079

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Nicole Hazelton

[email protected] +1(619) 206-1892

$1,350,000

Est. payment - /mo

2 Beds

1 Bath

10,019 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV25050079

Bedrooms 2

HOA Y/N No

Lot Size 10,019 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

The Dots Apartments was completely renovated and is in excellent condition offering the new owner a turnkey, low-maintenance asset with immediate cash flow. The properties highly desirable unit mix consist of all two-bedroom one-bathroom units with private patios/backyards. Tenants enjoy open floor plans, large double-pane windows, and high-quality vinyl plank flooring. Each unit includes a stacked washer and dryer. Units are separately metered for electricity and gas. There are over 10% upside rents through annual rent increases. The Dots Apartments displays a sought after, modern atmosphere and consists of one single story building constructed of wood frame, stucco exteriors, and concrete slab foundation atop of .23 acres of land. The exterior has been enhanced with new paint, new windows, new landscaping, new lighting, and new asphalt. Additionally, the prime location provides easy access to Palm Springs' renowned dining, entertainment, and cultural hotspots.
The Dots Apartments was completely renovated and is in excellent condition offering the new owner a turnkey, low-maintenance asset with immediate cash flow. The properties highly desirable unit mix consist of all two-bedroom one-bathroom units with private patios/backyards. Tenants enjoy open floor plans, large double-pane windows, and high-quality vinyl plank flooring. Each unit includes a stacked washer and dryer. Units are separately metered for electricity and gas. There are over 10% upside rents through annual rent increases. The Dots Apartments displays a sought after, modern atmosphere and consists of one single story building constructed of wood frame, stucco exteriors, and concrete slab foundation atop of .23 acres of land. The exterior has been enhanced with new paint, new windows, new landscaping, new lighting, and new asphalt. Additionally, the prime location provides easy access to Palm Springs' renowned dining, entertainment, and cultural hotspots.

Location

State CA

County Riverside

Area Riv Cty-Palm Springs (92264)

Zoning Public Rec

Interior

Cooling Central Forced Air

Exterior

Parking Features Unit1:Assigned

Pool Community/Common

Building

Lot Description Curbs

Story 1

Lot Size Range 7500-10889 SF

Level or Stories 1 Story

Others

Monthly Total Fees $103

Acceptable Financing Conventional

Space Rent $1,831

Listing Terms Conventional

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Listed by William Melton • PAEZ REALTY COMPANY

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Nicole Hazelton

+1(619) 206-1892

Broker Associate | License ID: 01819363

Broker Associate License ID: 01819363

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520 S Desert View Drive Palm Springs, CA 92264

Nicole Hazelton

Key Details

Location

Interior

Exterior

Building

Others

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