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    73515 Catalina Way

    Palm Desert, CA 92260
    • $599,000
    • STATUS: Active
    • ON SITE: 80 days
    • MLS #: 219059855
    UPDATED: 63 min ago
    $599,000
    • 4
      BEDS
    • 0.18
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 2,076
      SQFT
    • $289
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    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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    ©2021 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Sandi Phillips Team | Compass. Based on information from the California Desert Association of Realtors as of 2021-06-23T12:35:22.163. 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 of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

    Licensed in the State of California, USA
    www.desertarealuxuryhomes.com/homes/115738352
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    73515 Catalina Way Palm Desert, CA 92260

    • Price: $599,000
    • Status: Active
    • Updated: 63 min ago
    • MLS #: 219059855
    4
    Beds
    2
    Baths
    0
    ½ Baths
    0.18
    Acres
    2,076
    SQFT
    $289
    $/SQFT
    1960
    Built
    Neighborhood:
    Not Applicable
    County:
    Riverside
    Area:
    322 - Palm Desert North
    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

    Exterior Construction Stucco Foundation Slab Gated Community No Levels GroundGround LevelNo Unit AboveOne Parking Shared Driveway Paved Yes Property Sub Type Duplex Roofing CompositionFoamShingle Total Carport Spaces 0.00 Total Covered Spaces 2.00 Total Parking Spaces 6.00 Total Uncovered Assigned Spaces 2.00 View No Window Treatments Blinds

    Interior Features

    Cooling Type Air ConditioningCentral Air Fireplace No Flooring Other Heating Central Rooms Other Total Fireplaces 1

    Property Features

    Elevator No Gross Annual Income Amount 27600.00 Gross Income Amount 27600.00 Gross Operating Income Amount 27600.00 Gross Schedule Income Amount 27600.00 Land Type Fee Simple Laundry Yes Laundry Equipment Own Listing Terms CashConventional Lot Description LandscapedLevelRectangular LotStorm DrainsStreet PavedStreet Public Lot Location Corner Lot Monthly Gross Income Amount 2300.00 Owner Pays GardenerTrash CollectionWater Pool No Property Attached Detached Yes Sale Type Standard Security Safety None Senior Community No Sewer InConnected And Paid Spa Hot Tub No Tax Mello Roos No Tenant Pays ElectricityGas Water Water District Water District Name Coachella Valley Water District Water Heater Yes Water Heater Feature Gas

    Listing information © 2021 California Desert Association of Realtors.
    Listing provided courtesy of Doug Fischer of Coldwell Banker Realty.
    ©2021 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Sandi Phillips Team | Compass. Based on information from the California Desert Association of Realtors as of 2021-06-23T12:35:22.163. 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 of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

    Licensed in the State of California, USA
     
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    The Sandi Phillips Team | Compass
    74199 El Paseo, Suite 200
    Palm Desert CA, 92260