Skip To Content
    Return to Previous Page

    351 E Cottonwood Rd

    Palm Springs, CA 92262
    • $945,000
    • STATUS: Active
    • ON SITE: 38 days
    • ID#: 20-584022
    UPDATED: 28 min ago
    $945,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,308
      SQFT
    • $286
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1947
    County:

    School Ratings & Info

    Description

    Classic Spanish "Hacienda" style 5 unit apartment compound located in the El Mirador neighborhood. Ideal for owner/user or wealth storage investment. Property is master metered for utilities. Remodeled free standing 2 bedroom/1 bath house plus 4 additional rental units consisting of 2 full Studios, 1-1+1, all with washers/dryers and 1 non-conforming Bachelor unit.

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-07-06T19:44:12.75. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/106311146
    Print Image

    351 E Cottonwood Rd Palm Springs, CA 92262

    • Price: $945,000
    • Status: Active
    • Updated: 28 min ago
    • ID#: 20-584022
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,308
    SQFT
    $286
    $/SQFT
    1947
    Built
    Neighborhood:
    Palm Springs Central
    County:
    Riverside
    Area:
    Palm Springs Central
    Property Description
    Classic Spanish "Hacienda" style 5 unit apartment compound located in the El Mirador neighborhood. Ideal for owner/user or wealth storage investment. Property is master metered for utilities. Remodeled free standing 2 bedroom/1 bath house plus 4 additional rental units consisting of 2 full Studios, 1-1+1, all with washers/dryers and 1 non-conforming Bachelor unit.
    Exterior Features

    Lot Size Area 10500 Other Structures None Parking Garage Parking SpaceSide By Side Pool Description In Ground Pool YN Yes Roof Spanish Tile Style Hacienda Total Parking 8 View Description Mountains View YN Yes

    Interior Features

    Baths Total 0.00 Cooling CentralWall Unit(S) Den No Dining Room No Equipment Ceiling FanRange/OvenRefrigerator Family Room No Fireplace Rooms Wood Burning Flooring Tile Heating Wall Electric Interior Features Laundry - Closet StackedTurnkey Laundry In UnitLaundry Closet Stacked Rooms EntryPatio OpenStudio

    Property Features

    Gross Income 82200 Gross Operating Income 79734 Land Lease Type Fee Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Net Operating Income 45484.00 Number Of Buildings 2 Number Of Units 5 Owner Pays ElectricityGardenerGasPool ServiceWater Sale Type Standard Security Features Card/Code AccessCommunity Source Living Area Assessor Source Lot Size Area Assessor Tenant Pays Exterior Maintenance Total Annual Expense 34250 Type Of Units Flats Year Built Source Assessor Zoning R2

    Listing provided courtesy of Alan Wachman DRE#01047592 of Miller & Desatnik Realty Co..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-07-06T19:44:12.75. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
    Logo
    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355