Palm Springs, CA 92264,145 E Mesquite AVE
Palm Springs, CA 92264,145 E Mesquite AVE
Palm Springs, CA 92264,145 E Mesquite AVE
44
$1,100,000
$1,345,000
18.2%
Est.Price: ?

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8,276 Sqft Lot

145 E Mesquite AVE Palm Springs, CA 92264

Est. payment /mo
SOLD DATE : 05/11/2022

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Key Details

Sold Price $1,100,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Tahquitz River Estat

MLS Listing ID 219076447PS

Sold Date 05/11/22

Construction Status Fixer

HOA Y/N No

Year Built 1977

Lot Size 8,276 Sqft

Property Description

Casa Montabello is a multi-family dwelling featuring 4-units located in one of the best locations in Palm Springs where everything is happening. Steps from the newly developed Cody Place and many other ongoing real estate projects. Just the right location for an investor. Most relevant and recent exterior upgrades include a 2021 Owned solar system with an approx. value of $114,000, and dual-pane windows throughout. Tall gated stucco walls and mature landscape enhance the privacy and serene atmosphere. Unit 1 comprises of 2BDR-1BA with a cozy fireplace and wrap-around patio with water feature. Unit 2 and 3 each feature 1BDR-1BA and expansive outdoor private patio which could be re-configured to allow tenants to still have private patios plus room for a community splash pool or spa (currently no pool or spa). Unit 4 features 1BDR + office space, two baths and a large wrap-around private patio. Except for Unit 1, the property is ready for your vision and upgrades, with endless possibility and room for rental income growth. All tenants are on Month-to-Month lease agreements, ideal for an investor that is planning to redesign the complex. All units come with kitchen and appliances and are unfurnished. Washer and dryer are located in the community laundry room with access to a large Owner storage room. Off-street parking for each unit. Fully leased on Month to Month, please do not disturb tenants. Amazing rental potential or a great family compound opportunity.

Location

State CA

County Riverside

Area 334 - South End Palm Springs

Zoning 1OGB82Z9HAAU

Interior

Interior Features Recessed Lighting

Heating Central, Wall Furnace

Cooling Central Air, Wall/Window Unit(s)

Flooring Carpet, Tile

Fireplaces Type Living Room, Masonry

Fireplace Yes

Appliance Gas Range, Gas Water Heater, Refrigerator, Vented Exhaust Fan, Water Heater

Exterior

Garage Side By Side

Community Features Gated

View Y/N No

Roof Type Composition

Parking Type Side By Side

Total Parking Spaces 5

Private Pool No

Building

Lot Description Landscaped, Level, Paved, Rectangular Lot, Yard

Story 1

Entry Level One

Foundation Slab

Architectural Style Mediterranean, Ranch

Level or Stories One

New Construction No

Construction Status Fixer

Others

Senior Community No

Tax ID 508291004

Security Features Gated Community

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Financing Cash to Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Luca Volpe • Realty Trust
Bought with Sandra Quinn • Berkshire Hathaway HomeServices California Properties

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Nicole Parent

Broker Associate | License ID: 01827226

+1(559) 930-7171

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