351 E Cottonwood Road

    Palm Springs, CA 92262
    • $1,050,000
    • STATUS: Active
    • ON SITE: 20 days
    • ID#: PW18148696
    $1,050,000
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,799
      SQFT
    • $375
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1955
    County:

    School Ratings & Info

    Description

    RARE CHANCE! Private and Well-Suited for Vacationing Year-Round Original Route 66 Acacia Inn Motel near Downtown PS WITH A POOL! There are 5 Units including a DETACHED 2BR 1 Bath Home, An Attached 1 BR 2 Bath, a Unit used as an office and 2 Desirable Studios that have Kitchens, Master Baths and Elegant Interior Design. Each Unit has its own Design Theme. A Block Wall surrounds the Motel for Excellent Privacy. Plus, a Security Gate and Parking for 5-6 Cars. The Detached Single Family contains an open floor plan, a fireplace and a lot more. more. All well-maintained with Great Pride of Ownership. EASY TO RENT ALL YEAR ROUND. NO POTENTIAL VACATION RENTAL RESTRICTIONS FROM THE CITY.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-18T00:29:25.94. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/85080930

    351 E Cottonwood Road Palm Springs, CA 92262

    • Price: $1,050,000
    • Status: Active
    • ID#: PW18148696
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    2,799
    SQFT
    $375
    $/SQFT
    1955
    Built
    Neighborhood:
    Other (Othr)
    County:
    Riverside
    Area:
    332 - Central Palm Springs
    Property Description
    RARE CHANCE! Private and Well-Suited for Vacationing Year-Round Original Route 66 Acacia Inn Motel near Downtown PS WITH A POOL! There are 5 Units including a DETACHED 2BR 1 Bath Home, An Attached 1 BR 2 Bath, a Unit used as an office and 2 Desirable Studios that have Kitchens, Master Baths and Elegant Interior Design. Each Unit has its own Design Theme. A Block Wall surrounds the Motel for Excellent Privacy. Plus, a Security Gate and Parking for 5-6 Cars. The Detached Single Family contains an open floor plan, a fireplace and a lot more. more. All well-maintained with Great Pride of Ownership. EASY TO RENT ALL YEAR ROUND. NO POTENTIAL VACATION RENTAL RESTRICTIONS FROM THE CITY.
    Exterior Features

    Architectural Style CottageSpanish Construction Materials Stucco Direction Faces North Entry Level 1 Entry Location Front Exterior Features Barbecue PrivateLighting Fence YN Yes Fencing Block Foundation Details Combination Garage Spaces 0.00 Lot Features 0-1 Unit/AcreLandscapedLevel With StreetLot 10000-19999 SqftLot Shape-RectangularLot-Level/FlatSprinkler System Lot Size Dimensions 10700 Lot Size Source Seller Lot Size Units Square Feet Other Structures Storage Parking Features Assigned Parking Total 0.00 Parking YN Yes Pool Features PrivateIn Ground Pool Private YN Yes Property Attached YN Yes Road Frontage Type City Street Roof Concrete View MountainPool View YN Yes

    Interior Features

    Appliances BarbecueDishwasherEnergy Star AppliancesFreezerGarbage DisposalGas OvenGas StoveGas Water HeaterIce MakerMicrowaveRefrigerator Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling CentralElectric Cooling YN Yes Door Features Panel Doors Fireplace Features Family Room Fireplace YN Yes Flooring Tile Heating Central Furnace Heating YN Yes Interior Features FurnishedPhone SystemRecessed LightingTile Counters Laundry Features Dryer IncludedWasher Included Levels One Room Type All Bedrooms DownEntryFamily RoomKitchenMain Floor BedroomMain Floor Master BedroomRecreationRetreat

    Property Features

    Accessibility Features Customized Wheelchair AccessibleNo Interior StepsParking Additional Parcels YN No Association Amenities PoolFire PitBarbecueOutdoor Cooking Area Building Area Units Square Feet Cable Tv Expense 89.00 Cap Rate 14.00 Community Features Golf CourseMountainousRiding/StablesStreet LightingSuburban Country Us Electric Standard Electric Expense 350.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 125.00 Gross Income 13500.00 Gross Operating Income 180000.00 Gross Scheduled Income 180000.00 Insurance Expense 275.00 Land Lease YN No Laundry YN Yes Maintenance Expense 300.00 Net Operating Income 12000.00 New Taxes Expense 1054.00 Number Of Separate Electric Meters 1 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 5 Number With Disposal 1 Number With Drapes 1 Number With Patio 1 Number With Range 1 Number With Refrigerator 1 Operating Expense 3000.00 Pool Expense 140.00 Property Condition Updated/Remodeled Rent Control YN No Security Features Carbon Monoxide Detector(S)Gated CommunitySecurity LightsSmoke Detector Senior Community YN No Special Listing Conditions Standard Subdivision Name Other Tbd Supplies Expense 50.00 Total Actual Rent 180000.00 Total Expenses 3000.00 Trash Expense 75.00 Utilities Phone ConnectedSewer ConnectedWater Connected Water Sewer Expense 125.00 Water Source Public Year Built Source Seller Zoning R2

    Listing provided courtesy of Matthew Mcgilvray of Legacy Realty Partners.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-18T00:29:25.94. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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