27700 Avenida Terrazo Active Save Request In-Person Tour Request Virtual Tour
Cathedral City,CA 92234
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 219113170DA
HOA Y/N No
Year Built 1983
Annual Tax Amount $21,954
Lot Size 0.430 Acres
Property Description
Exceptional opportunity to acquire a 7 unit well maintained, multi-unit, rental property in a lovely residential neighborhood of single-family homes. Consisting of six 1 bedroom, 1 bath units and one 2 bedroom, 2 bath unit, all units have separate gas and electric meters enabling tenant paid utilities. There is also a common laundry room for the use of the tenants, which also generates additional income for the owner. This unique property, just off of Vista Chino is located close to all of the neighborhood amenities including shopping, entertainment and easy access to the freeway. A property of this type is a rarity in today's real estate market.
Location
State CA
County Riverside
Area 335 - Cathedral City North
Interior
Heating Forced Air
Cooling Wall/Window Unit(s)
Flooring Tile
Inclusions All F, F & E in the units and laundry room owned by the seller.
Fireplace No
Appliance Gas Range,Gas Water Heater,Refrigerator
Exterior
Garage Other,Shared Driveway,On Street
View Y/N No
Roof Type Tile
Private Pool No
Building
Lot Description Paved,Rectangular Lot
Story 1
Entry Level One
Foundation Slab
Architectural Style Mediterranean
Level or Stories One
New Construction No
Others
HOA Name Utopia Management
Senior Community No
Tax ID 677173055
Acceptable Financing Cash,Cash to New Loan,Conventional,1031 Exchange
Listing Terms Cash,Cash to New Loan,Conventional,1031 Exchange
Special Listing Condition Standard