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    11220 Palm Drive

    Desert Hot Springs, CA 92240
    • $1,980,000
    • STATUS: Active
    • ON SITE: 68 days
    • ID#: 21700424
    UPDATED: 38 min ago
    $1,980,000
    • 0
      BEDS
    • 0.39
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,000
      SQFT
    • $198
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1966
    County:

    School Ratings & Info

    Description

    2 Townhouse style front unit/owner unit, 2 Bed 1.5 Bath, one of the two has a a balcony and view, as well as a suite on the far side. 90%-100% occupied at any given time. Boutique hotel, motel and spa, 19 units with kitchenet. Desert Hot Springs, great location, adjacent to Palm Desert and Palm Springs. Appraised over a year ago for $2.450,00.00 . Price per rooms are average $349.00 per week, (lowest in the area). Used to be an apartment structure, every unit is equipped with separate meters. This property has huge upside potential. With $390,000 down owner will carry balance. Please do not disturb the Manager

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-11T11:33:17.21. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The DeBonis Team | Keller Williams Realty. Licensed in the State of California, USA.
    www.debonishomes.com/homes/114718047
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    11220 Palm Drive Desert Hot Springs, CA 92240

    • Price: $1,980,000
    • Status: Active
    • Updated: 38 min ago
    • ID#: 21700424
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.39
    Acres
    10,000
    SQFT
    $198
    $/SQFT
    1966
    Built
    Neighborhood:
    Vista Palms
    County:
    Riverside
    Area:
    340 - Desert Hot Springs
    Property Description
    2 Townhouse style front unit/owner unit, 2 Bed 1.5 Bath, one of the two has a a balcony and view, as well as a suite on the far side. 90%-100% occupied at any given time. Boutique hotel, motel and spa, 19 units with kitchenet. Desert Hot Springs, great location, adjacent to Palm Desert and Palm Springs. Appraised over a year ago for $2.450,00.00 . Price per rooms are average $349.00 per week, (lowest in the area). Used to be an apartment structure, every unit is equipped with separate meters. This property has huge upside potential. With $390,000 down owner will carry balance. Please do not disturb the Manager
    Exterior Features

    Construction Materials Stucco Entry Location Ground Level - No Steps Foundation Details Slab Lot Features Corners Marked Parking Features DrivewayOne Space Pool Features FencedFilteredTile Pool Private YN No Spa Features Association Spa YN Yes

    Interior Features

    Accessibility Features None Appliances MicrowaveOven Fireplace Features None Fireplace YN No Flooring CarpetLaminate Heating Electric Heating YN Yes Interior Features Furnished

    Property Features

    Additional Parcels YN No Gross Income 19000 Laundry Features Common Area Listing Agreement Seller Reserved Listing Service Entry Only Net Operating Income 9000 Possession Close Of Escrow Rent Control YN No Senior Community YN No Special Listing Conditions Standard Zoning Lc

    Listing provided courtesy of Kenneth Jacobi of South State Real Estate Managment, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-11T11:33:17.21. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The DeBonis Team | Keller Williams Realty. Licensed in the State of California, USA.
     
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    The DeBonis Team | Keller Williams Realty
    19040 Van Buren Boulevard #107
    Riverside CA, 92508