Palm Desert, CA 92260,73970 Grapevine ST
$1,120,000
Est. payment /mo
$1,189,000
5.8%
Est.Price: ?

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0.28 Acres Lot
SOLD DATE : 04/17/2020

Key Details

Sold Price $1,120,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Not Applicable-1

MLS Listing ID 219024441DA

Sold Date 04/17/20

Construction Status UpdatedRemodeled

HOA Y/N No

Year Built 1975

Lot Size 0.279 Acres

Acres 0.2795

Property Description

In Escrow but subject to buyers sale of property to be determined by 2/24/20. Taking back ups. 24 hour notice to remove contingency so dont be afraid to write back . ! Incredible pride of ownership building and location in South Palm Desert, with views backing up to Shadow Mountain Golf Course & mountains in the background, NOTHING LIKE IT!!! Across the street from The Vintage and walking distance to El Paseo and The Living Desert. Large well cared for units in this most desirable location for any apartment building in the desert. Each unit has 2 bedrooms 2 bathrooms, and huge living room with lower patios & upstairs deck to enjoy the phenomenal views. Each unit has 1 car garage space, and is Individually metered, with laundry in each unit. 2 units have been recently gutted and the other two are older but in great condition. Rare opportunity to invest in South Palm Desert units. Also possibly available is 46455 Portola next door on the neighboring corner. Both are identical buildings/set up. Rents are fairly low. VERY low turnoever, Some are long term tenants. Owner will consider trades, Sale is subject to 1031 but owner is looking. Rents are currently $1600, $1625, $1395 and $1225

Location

State CA

County Riverside

Area 323 - South Palm Desert

Interior

Heating Electric, HeatPump

Cooling HeatPump

Flooring Carpet, Tile

Fireplace No

Appliance Dishwasher, ElectricCooktop, ElectricCooking, ElectricRange, ElectricWaterHeater, Microwave, Refrigerator, VentedExhaustFan, WaterHeater

Exterior

Garage Driveway, Garage, GarageDoorOpener, Other

Garage Spaces 4.0

Garage Description 4.0

Pool Gunite, InGround

View Y/N Yes

View Mountains, Panoramic

Parking Type Driveway, Garage, GarageDoorOpener, Other

Total Parking Spaces 8

Private Pool Yes

Building

Lot Description BackYard, IrregularLot, Landscaped, Level, OnGolfCourse, Paved, RectangularLot, Yard

Story 2

Entry Level Two

Foundation Slab

Level or Stories Two

Construction Status UpdatedRemodeled

Others

Senior Community No

Tax ID 630142014

Acceptable Financing Cash, CashtoNewLoan, Conventional, Item1031Exchange

Listing Terms Cash, CashtoNewLoan, Conventional, Item1031Exchange

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Chuck Bennett • HK Lane Real Estate
Bought with Sara Swanson • BD Homes-The Paul Kaplan Group

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Todd McIntosh

+1(310) 770-8626

Agent | License ID: 01472763

Agent License ID: 01472763

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