520 S Desert View Dr.,  Palm Springs  (92264)

$900,000

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PROPERTY DETAILS

Address: view address
Palm Springs, CA 92264
Map Location
Features: Air Conditioning
Year Built:1963Property Type:Res Income 2-4 Units
Community:OUT OF AREANeighborhood:Palm Springs
County:RiversideList Date:2020-09-06
Listing Number:200043487Virtual Tour:Click Here

MLS DESCRIPTION

Best priced investment property in the Desert under $1,000,000. 5 units all 2 bedrooms. Every unit has a large private backyard. Every unit has laundry hook ups. Value-add opportunity with huge upside in rents. Current rents are practically half of market. Projected rents are +/- $1,400 per unit or more. Perfect for a value-add Buyer or client in a 1031 exchange. Projected 6 CAP and higher over time once the property is stabilized.






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PHOTO GALLERY

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Listing courtesy of: Voit Real Estate Services