Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Duplex

Bedrooms

3

Building size

1,624 sqft

Lot size

7,405 sqft

Year built

1941

Stories

1

Garage spaces

0

Heating

Fireplace(s),Central

Cooling

Central Air

Pool

Private

Status

Active

Days on market

1

MLS #

246514431

About this property

Rare multi-family asset located in the highly desirable Tahquitz River Estates neighborhood of South Palm Springs? Features two detached residences totaling1,624 sq. ft. on a 7,405 sq. ft. lot with high-density R-3 Zoning, Fee Simple land ownership(No Land, and No HOA. Includes a newly completed in-ground pool & spa with equipment less than 1 year old. Both units are turnkey and updated; desert landscaping is the primary area requiring buyer attention/TLC. Front Residence(221 Avenida Ortega) 2 Bedrooms|1 Bathroom, Approx. 824 Sq. Ft. Rear Residence(225 Avenida Ortega) 2 Bedrooms|1.5 Bathrooms | Approx. 800 Sq. Ft. Brand New Pool & Spa: In-ground swimming pool and spa completed recently with all-new equipment (under 1 year old). Mountain Views: Stunning panoramic views of the San Jacinto Mountain range? Perimeter Security: Fully fenced lot with cinderblock walls and private gates? Parking: On-site off-street driveway parking accommodating up to 3 vehicles? Landscaping Note: Structures, pool, and interiors are turnkey; desert yard landscaping needs some attention to finalize curb appeal

Location

221 Avenida Ortega

Palm Springs, Riverside, CA, 92264