33560 Navajo

    Cathedral City, CA 92234
    • $340,000
    • STATUS: Closed
    • ON SITE: 151 days
    • ID#: 218014444DA
    Sold - 08/31/2018
    $340,000
    SOLD - 08/31/2018
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,640
      SQFT
    • $129
      $/SQFT
    Type:
    Multi-Family
    Built:
    1985
    County:

    School Ratings & Info

    Description

    $50,000 below comps --- 9 cap rate. REMODELED duplex. 6 bedrooms, 4 bathrooms, FULLY LEASED with MO-TO-MO leases therefore rents can be raised at new owner's discretion. Both units are identical to each other = 3 very large bedrooms, 2 large bathrooms. Zero landscape maintenance, water expense is $50/MO.

    Sold by Out Side Agent of Out Side Broker Office.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-18T00:31:45.633. 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. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/84812868

    33560 Navajo Cathedral City, CA 92234

    • Price: $339,888
    • Status: Closed
    • ID#: 218014444DA
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    2,640
    SQFT
    $129
    $/SQFT
    1985
    Built
    Neighborhood:
    Not Applicable-336 (Na336)
    County:
    Riverside
    Area:
    336 - Cathedral City South
    Property Description
    $50,000 below comps --- 9 cap rate. REMODELED duplex. 6 bedrooms, 4 bathrooms, FULLY LEASED with MO-TO-MO leases therefore rents can be raised at new owner's discretion. Both units are identical to each other = 3 very large bedrooms, 2 large bathrooms. Zero landscape maintenance, water expense is $50/MO.
    Exterior Features

    Carport Spaces 6.00 Construction Materials StuccoFrame Garage Spaces 8.00 Lot Features Near Public TransitLot-Level/FlatSprinklers On Side Lot Size Source Assessor Parking Total 14.00 Pool Private YN No Roof Composition Spa YN No View YN Yes

    Interior Features

    Appliances Gas Cooking Appliances YN Yes Average Studio Area 0 Average1 Bed Area 0 Average2 Bed Area 0 Average3 Bed Area 0 Cooling Electric Cooling YN Yes Fireplace YN No Heating Forced AirNatural Gas Heating YN Yes

    Property Features

    Cable Tv Expense 0.00 Cap Rate 7.00 Community Features Sidewalks Electric Expense 0.00 Exclusions Tenants' Personal Property. Financial Info As Of 2018-06-19 00:00:00 Fuel Expense 0.00 Furniture Replacement Expense 0.00 Garage Income 0.00 Garage Rental Rate 0.00 Gross Equity 0 Gross Income 27600.00 Gross Multiplier 12.31 Gross Operating Income 0.00 Gross Scheduled Income 0.00 Gross Spendable Income 0.00 Improvements Amount 175000 Improvements Percent 0.00 Insurance Expense 674.00 Land Lease Amount 0.00 Land Lease YN No Land Value 0 Land Value Percent 0.00 Laundry Income 0.00 Licenses Expense 0.00 Maintenance Expense 300.00 Maintenance Percent 0.00 Net Operating Income 22600.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 2 Number With Dishwasher 0 Number With Disposal 0 Number With Patio 0 Number With Range 0 Number With Refrigerator 0 Operating Expense 0.00 Operating Expense Percent 0.00 Other Expense 0.00 Other Expense Description 0 Other Income1 0.00 Other Income2 0.00 Personal Property Amount 1000 Personal Property Percent 0.00 Pest Control Expense 0.00 Pool Expense 0.00 Professional Management Expense 0.00 Property Condition Updated/Remodeled Security Expense 0.00 Sold Cap Rate 0.00 Special Listing Conditions Standard Subdivision Name Other Not Applicable-336 (Na336) Supplies Expense 0.00 Tax Rate 1.23 Tax Year 2007 Taxes Percent 0.00 Tenant Pays ElectricityCable TvGas Total Actual Rent 27600.00 Total Expenses 5000.00 Trash Expense 600.00 Vacancy Allowance 0 Vacancy Allowance Rate 0.00 Walk Score 0 Water Sewer Expense 420.00 Water Source Public Workmans Compensation Expense 0.00

    Listing provided courtesy of James Fortson of Jbre, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-18T00:31:45.633. 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. Licensed in the State of California, USA.
     
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