Cathedral City, CA 92234,36957 Melrose DR
$525,000
$550,000
4.5%
Est.Price: ?

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0.31 Acres Lot

36957 Melrose DR Cathedral City, CA 92234

Est. payment /mo
SOLD DATE : 11/28/2017

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Key Details

Sold Price $525,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Cathedral City Cove

MLS Listing ID 217024734DA

Sold Date 11/28/17

HOA Y/N No

Year Built 1960

Lot Size 0.310 Acres

Property Description

Excellent Income Property on Fee Land. All 1Br 1Bth units, approximately $675/month per unit, Monthly = $4,050, Annual = $48,600 Approx. 6 Units single story located in the highly sought after Cathedral City Cove. This property has amazing upside potential. Just down the street on East Palm Canyon, a planned Agua Caliente Casino,Shopping Center and Restaurants. Still Affordable here, but not for long.

Location

State CA

County Riverside

Area 336 - Cathedral City South

Interior

Heating Wall Furnace

Fireplace No

Building

Lot Description Corner Lot

Story One

Entry Level One

Sewer Unknown

Architectural Style Ranch

Level or Stories One

Others

Senior Community No

Tax ID 687093008

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Financing Cash to Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Gary Anderson • Gary Anderson, R.E. Broker
Bought with Latasha O'Keith • Lamarc Realty

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Nicole Parent

Broker Associate | License ID: 01827226

+1(559) 930-7171

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