Palm Springs, CA 92264,145 E Mesquite AVE
Palm Springs, CA 92264,145 E Mesquite AVE
Palm Springs, CA 92264,145 E Mesquite AVE
Palm Springs, CA 92264,145 E Mesquite AVE
Palm Springs, CA 92264,145 E Mesquite AVE
Palm Springs, CA 92264,145 E Mesquite AVE
See all 44 photos

$1,100,000

$1,345,000

18.2%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

8,276 Sqft Lot


SOLD DATE : 05/11/2022

Key Details

Sold Price $1,100,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Tahquitz River Estat

MLS Listing ID 219076447PS

Year Built 1977

Lot Size 8,276 Sqft

Property Description

Casa Montabello is a multi-family dwelling featuring 4-units located in one of the best locations in Palm Springs where everything is happening. Steps from the newly developed Cody Place and many other ongoing real estate projects. Just the right location for an investor. Most relevant and recent exterior upgrades include a 2021 Owned solar system with an approx. value of $114,000, and dual-pane windows throughout. Tall gated stucco walls and mature landscape enhance the privacy and serene atmosphere. Unit 1 comprises of 2BDR-1BA with a cozy fireplace and wrap-around patio with water feature. Unit 2 and 3 each feature 1BDR-1BA and expansive outdoor private patio which could be re-configured to allow tenants to still have private patios plus room for a community splash pool or spa (currently no pool or spa). Unit 4 features 1BDR + office space, two baths and a large wrap-around private patio. Except for Unit 1, the property is ready for your vision and upgrades, with endless possibility and room for rental income growth. All tenants are on Month-to-Month lease agreements, ideal for an investor that is planning to redesign the complex. All units come with kitchen and appliances and are unfurnished. Washer and dryer are located in the community laundry room with access to a large Owner storage room. Off-street parking for each unit. Fully leased on Month to Month, please do not disturb tenants. Amazing rental potential or a great family compound opportunity.

Location

State CA

County Riverside

Area 334 - South End Palm Springs

Zoning R-2

Interior

Heating Central, Wall Furnace

Cooling Central Air, Wall/Window Unit(s)

Flooring Carpet, Tile

Fireplaces Type Living Room, Masonry

Exterior

Garage Side By Side

Community Features Gated

View Y/N No

Roof Type Composition

Building

Lot Description Landscaped, Level, Paved, Rectangular Lot, Yard

Story 1

Foundation Slab

New Construction No

Others

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit
Charles Laird - CB Realty

Our team is ready to help you sell your home for the highest possible price ASAP


California Regional MLS (CRMLS)
Listed by Luca Volpe • Realty Trust
Bought with Sandra Quinn • Berkshire Hathaway HomeServices California Properties

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.