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    1/2 BATHS
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    $/SQFT

Listing Details

Status
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On Site
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On Market
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MLS #
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Neighborhood
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Type
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Built
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School Ratings & Info

Description

Duplex property located in City of Palm Desert New Development Area and consists of two 2bd/1ba units with inside laundry and single car garages at the corner of San Pablo Rd and Catalina Way. Excellent location under Redevelopment, newer Furnace/AC in each unit. Fully rented. Rents are currently well below market value. Combined rent is approximately $2300. Landlord pays for insurance, property taxes, water, trash and landscaping. The City of Palm Desert New Development Code for this area allows for the following uses for this property address designated as Downtown Edge (DE) District: retail, restaurant, services, office, residential and mixed use, up to 3 stories. Please ask for a copy of the City of Palm Desert One Eleven Development Code Report.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-17T14:34:15.323. 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 | Realty Masters & Associates. Licensed in the State of California, USA.
www.debonishomes.com/homes/115740858
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73515 Catalina Way Palm Desert, CA 92260

  • Price: $599,000
  • Status: Active
  • Updated: 26 min ago
  • ID#: 219059855DA
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1960
Built
Neighborhood:
Not Applicable-1
County:
Riverside
Area:
322 - North Palm Desert
Property Description
Duplex property located in City of Palm Desert New Development Area and consists of two 2bd/1ba units with inside laundry and single car garages at the corner of San Pablo Rd and Catalina Way. Excellent location under Redevelopment, newer Furnace/AC in each unit. Fully rented. Rents are currently well below market value. Combined rent is approximately $2300. Landlord pays for insurance, property taxes, water, trash and landscaping. The City of Palm Desert New Development Code for this area allows for the following uses for this property address designated as Downtown Edge (DE) District: retail, restaurant, services, office, residential and mixed use, up to 3 stories. Please ask for a copy of the City of Palm Desert One Eleven Development Code Report.
Exterior Features

Carport Spaces 0 Foundation Details Slab Lot Features Corner LotLandscapedLevelPavedRectangular Lot Number Of Separate Electric Meters 2 Open Parking Spaces 2 Parking Features Shared Driveway Parking Total 4 Property Attached YN Yes Roof CompositionFoamShingle

Interior Features

Appliances Gas Water HeaterWater Heater Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

Property Features

Contingency Inspection Garage YN Yes Gross Income 27600 Gross Scheduled Income 27600 Insurance Expense 1100 Land Lease YN No Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 2 Rent Control YN No Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 27600 Water Sewer Expense 332

Listing provided courtesy of Doug Fischer of Coldwell Banker Realty


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-17T14:34:15.323. 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 | Realty Masters & Associates. Licensed in the State of California, USA.
 
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The DeBonis Team | Realty Masters & Associates
19040 Van Buren Boulevard #107
Riverside CA, 92508