51245 Eisenhower Dr, LA QUINTA, 92253

REDUCED 2% Residential Income - Apartment Building For Sale

$1,200,000

Beds
Baths
5,370Sqft
.14Acres
12Garages
1983Built
168DOM
MLS® #: OC18285034MR
Active, 168 Days on Market

Great investment opportunity located in La Quinta cove! Three duplex's with six units total. All are two bedroom/two bath with small yard and two car attached garage. Street parking is available also. Included in sale are duplexes 51245 #A and B, 51225 #A and B, and 51205 #A and B Eisenhower drive. Long term great tenants. Each unit has carpet in the bedrooms. Some units are tiled and others have wood laminate flooring throughout. Inside washer and dryer hookups. All duplex's are electric only, no gas. Tenant pays for electric and cable. Landlord pays for water, trash, and monthly landscape. Plenty of room to increase rents as they are on the low side. Close proximity to elementary school, parks, country clubs, shopping, and much more! Owner has a waitlist of people that are wanting to rent one of these duplexes when one becomes available! Priced at 4.79% CAP rate on current rents and realistic expenses makes for an exceptional income!

Essential Information

MLS® #: OC18285034MR
Price: $1,200,000
Bathrooms: 0.00
Square Footage: 5,370
Acres: 0.14
Year Built: 1983
Type: Residential Income
Sub-Type: Apartment Building
Style: Modern
Status: Active

Community Information

Address: 51245 Eisenhower Dr
Area: La Quinta South of HWY 111
City: LA QUINTA
County: Riverside
State: CA
Zip Code: 92253

Amenities

Parking Spaces: 16
# of Garages: 12
Garages: Direct Entrance
View: Desert, Mountains
Pool: None

Interior

Appliances: Microwave, Range
Heating: Central
Cooling: Central
Fireplaces: None
# of Stories: 1

Exterior

Windows: Window Blinds
Roof: Composition

Additional Information

Date Listed: December 4th, 2018
Days on Market: 168
Zoning: R3

Listing Details

Listing Agent: Linda Redona (01241263)
Listing Office: California Pacific Residential
Contact Ron Parks: Phone: 760-883-8613

Financials

$/SqFt: $223
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