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Off market
  • $1,597,000

    700 N Riverside Dr, Palm Springs, CA 92264

    --beds
    0baths
    3,750sqft
    MultiFamily
    Built in 1951
    -- sqft lot
    $1,597,000 Zestimate®
    $426/sqft
    $3,274 Estimated rent

    What's special

    Beautifully landscaped 8 unit corner apartment building situated in the Tahquitz River Estates area of Palm Springs. The property is located in the high demand rental area in very close proximity to downtown Palm Springs along the revitalized Tahquitz River Parkway. Controlled access entry to the property opens to a warm and spacious courtyard setting with an inviting pool set off to the side of the common area. Central heat & air, laundry room, master metered for utilities and off street parking for 11 cars. Moderate upside in the rents with the potential for more added value. Units 5 and 7 are projected rents. This is an ideal investment opportunity for the first time buyer or for a savvy investor who is interested in adding to their portfolio. Lot size is approximate. Please see attached docs. Please do not disturb tenants or walk on property.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Cooling
    • Central
    Interior area
    • Total interior livable area: 3,750 sqft

    Property

    Lot
    • Size: 0.37 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1951

    Community & neighborhood

    Location
    • Region: Palm Springs
    Services availability
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    An equal housing lender. NMLS #10287.