920 E Cottonwood Rd, PALM SPRINGS, 92262

Residential Income - Fourplex For Sale


MLS® #: OC20072316MR
Active, 55 Days on Market

Thanks for looking! This is a mid century (1951) Art Deco building. Four large studios on a 1/4 acre lot! Centrally located near everything Palm Springs has to offer. A waiting list for new tenants. Long term tenants, Two over seven years! Wonderfully maintained by the local owner with many upgrades. The east part of the parcel has room for a pool or (check with the city) ability to build a sfr residence. Possibly more with a P.S. variance. Separate electrical meters. Lots of uncovered parking. Impeccable interiors and outside landscape. Laundry room, machines conveyed with title. Similar properties have rents near $1,000 per month. Please check the financing option. With 30% and a well qualified purchaser, owner MAY do an installment sale and finance for 15 years.

Essential Information

MLS® #: OC20072316MR
Price: $549,000
Bathrooms: 0.00
Square Footage: 2,400
Acres: 0.25
Year Built: 1951
Type: Residential Income
Sub-Type: Fourplex
Status: Active

Community Information

Address: 920 E Cottonwood Rd
Area: Palm Springs Central
County: Riverside
State: CA
Zip Code: 92262


Pool: None


Appliances: Range
# of Stories: 1


Roof: Other, Elastomeric

Additional Information

Date Listed: April 11th, 2020
Days on Market: 55
Zoning: R2

Listing Details

Listing Agent: Carl Mitrak (00519085)
Listing Office: Re/Max Consultants
Contact Ron Parks: Phone: 760-883-8613


$/SqFt: $229
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