700 N Riverside Drive, Palm Springs, CA 92264 | MLS 16164392 | Listing Information | Real Living Prime Properties | Real Living Real Estate
Real Living Prime Properties
760-469-4600

700 N Riverside Drive,  Palm Springs CA, 92264

Status: Sold
MLS#: 16164392
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Real Living Prime Properties
760-469-4600

Listing Provided Courtesy Of: Miller & Desatnik Realty Co.
Last Updated: 12/6/2016 2:31 AM
Description for 700 N Riverside Drive Palm Springs, CA 92264
Beautifully landscaped 8 unit corner apartment building situated in the Tahquitz River Estates area of Palm Springs. The property is located in the high demand rental area in very close proximity to downtown Palm Springs along the revitalized Tahquitz River Parkway. Controlled access entry to the property opens to a warm and spacious courtyard setting with an inviting pool set off to the side of the common area. Central heat & air, laundry room, master metered for utilities and off street parking for 11 cars. Moderate upside in the rents with the potential for more added value. Units 5 and 7 are projected rents. This is an ideal investment opportunity for the first time buyer or for a savvy investor who is interested in adding to their portfolio. Lot size is approximate. Please see attached docs. Please do not disturb tenants or walk on property.
Price
Sold Price:
$840,000
Sold Date:10/21/2016
RIVERSIDE
16164392
Closed
Description
Beautifully landscaped 8 unit corner apartment building situated in the Tahquitz River Estates area of Palm Springs. The property is located in the high demand rental area in very close proximity to downtown Palm Springs along the revitalized Tahquitz River Parkway. Controlled access entry to the property opens to a warm and spacious courtyard setting with an inviting pool set off to the side of the common area. Central heat & air, laundry room, master metered for utilities and off street parking for 11 cars. Moderate upside in the rents with the potential for more added value. Units 5 and 7 are projected rents. This is an ideal investment opportunity for the first time buyer or for a savvy investor who is interested in adding to their portfolio. Lot size is approximate. Please see attached docs. Please do not disturb tenants or walk on property.
Listing Information
Property Type: Cluster, Other
0.37 Acres $224 1951
Neighborhood
Room Information
Interior Features
Central Air
Exterior / Lot Features
Pool
In-ground
SqFt
Driving Directions
Two blocks North of Palm Canyon Drive and one block East of Sunny Dunes.
Financial Considerations
508181016
Listing Price History

Palm Springs Real Estate

Palm Springs is located in California. Palm Springs, California 92264 has a population of 45,115.

The median household income in Palm Springs, California 92264 is $45,404. The median household income for the surrounding county is $57,096 compared to the national median of $53,046. The median age of people living in Palm Springs 92264 is 51.4 years.

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Courtesy: Miller & Desatnik Realty Co. Alan Wachman
The multiple listings information is provided by The California Desert Association of REALTORS/Desert Area MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are Copyright 2016 The California Desert Association of REALTORS/Desert Area MLS. All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Information is deemed reliable but is not guaranteed.

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