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Fantastic location coupled with a wonderful opportunity to add value and turn around this 6-unit apartment building and increase cash flow and equity. The building has consistent rental income and is located west of Palm Canyon Drive and close to downtown. The property has excellent potential for redevelopment. Buyers to confirm with the city regarding zoning and development potential. All information is not guaranteed. Buyers to perform due diligence. Drive by only - Do not disturb tenants or walk the property without permission.
Property Type(s):
Residential Income
| Last Updated | 9/3/2024 | Year Built | 1947 |
|---|---|---|---|
| Community | Central Palm Springs | County | Riverside |
Price History
| Prior to Oct 31, '23 | $1,195,000 |
|---|---|
| Oct 31, '23 - Jun 13, '24 | $1,095,000 |
| Jun 13, '24 - Sep 3, '24 | $999,000 |
| Sep 3, '24 - Today | $850,000 |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Central Palm Springs |
| GARAGE | Side by Side, Unassigned, Uncovered |
| HEAT | Wall Furnace |
| LOT | 0.46 acre(s) |
| PARKING | Side By Side,Unassigned,Uncovered |
| STORIES | 1 |
| STYLE | Mid-Century Modern |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s) |
| ZONING | RGA |
Location
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Listed with Compass
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2024.
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