28505 Avenida La Paz, CATHEDRAL CITY, 92234

NEWResidential Income - Fourplex For Sale

$915,000

10Beds
8Baths
4,184Sqft
.4Acres
8Garages
2000Built
7DOM
MLS® #: 219042099DA
Active, 7 Days on Market

Stunning four units! This newer property built in the 2000's has been refreshed with new luxury vinyl plank flooring, new interior and exterior paint, new bedroom carpet, new water heaters, new light fixtures, and new high efficiency air conditioning to be installed within the next couple of weeks. Two units are 3 bedroom/2 bath, the others are 2 bedroom/2 bath. All have interior laundry. Each unit has its own two car garage. This is one of the best properties in the Coachella Valley. The 3 bedrooms rent for $1,600 and the two bedroom rent for $1,400 and $1,470. Being newer construction, it is very lightly used and has newer dual pane windows, bullnose corners, 6 panel doors, thick insulation and all of the other benefits of newer construction. Newer properties attract the best tenants which should make management much, much easier. Owner pays water which runs $50-$70/mo and landscape maintenance which is $180/mo. Trash and sewer is included on the property tax bill. Tenant's pay for their electricity and gas. There is not an owner gas or electric meter so this is a very inexpensive property to run. This property is two duplexes next to each other making a total of four units

Essential Information

MLS® #: 219042099DA
Price: $915,000
Bedrooms: 10
Bathrooms: 8.00
Square Footage: 4,184
Acres: 0.40
Year Built: 2000
Type: Residential Income
Sub-Type: Fourplex
Status: Active

Community Information

Address: 28505 Avenida La Paz
Area: Cathedral City North
City: CATHEDRAL CITY
County: Riverside
State: CA
Zip Code: 92234

Amenities

Parking Spaces: 16
# of Garages: 8
Garages: Door Opener, Side By Side
View: Mountains

Interior

Interior: Carpet, Other
Heating: Central, Forced Air, Natural Gas
Cooling: Air Conditioning, Central, Electric
# of Stories: 1

Exterior

Exterior: Stucco
Lot Description: Back Yard, Fenced, Sidewalks, Street Paved, Street Public, Utilities Underground, Yard, Front Yard
Roof: Concrete, Tile
Construction: Stucco
Foundation: Foundation - Concrete Slab

Additional Information

Date Listed: April 24th, 2020
Days on Market: 7

Listing Details

Listing Agent: David Alter (01096115)
Listing Office: Silver Crest Properties, Inc.
Contact Ron Parks: Phone: 760-883-8613

Financials

$/SqFt: $219
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