23
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$1,350,000
Est. payment /mo
2 Beds
1 Bath
Active
520 S Desert View Drive Palm Springs, CA 92264
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Demuth Park (33443)
MLS Listing ID CV25050079
Bedrooms 2
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.
Location
State CA
County Riverside
Zoning Public Rec
Direction On Ramon Road, after passing El Cielo Road you turn right on Desert View Drive
Interior
Cooling Central Forced Air
Fireplace No
Exterior
Pool Community/Common
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 680032002
Listed by William Melton PAEZ REALTY COMPANY