42980 Park Place,  Palm Desert CA, 92260 (Residential Income)

3,700 sqft
Status: Sold
MLS#: 215016942DA
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Last Updated: 12/2/2016 7:40 PM
Description for 42980 Park Place Palm Desert, CA 92260
Fabulous Fourplex, great location, fresh exterior paint, awnings & new roll-up garage doors. This exceptional fourplex is in a lovely quiet neighborhood & is exceptionally clean. It is a single story fourplex (like condos or small homes). Two of the four units have 2 bedrooms & 2 baths; the other two units have 3 bedrooms & 2 baths; the 3 bedroom units have fireplaces & cathedral ceilings. All units have their own private patios and every unit has its own 2 car garage with direct access to units. All garages have facilities for tenant's own washers & dryers. The location is great, very quiet & this is the only one next to the community pool & spa. Pride of ownership shows in this well-cared for fourplex. This fabulous location is one mile from El Paseo, just off Portola, close to a Middle School. Please Do Not Disturb the Tenants!! All units are leased & are in excellent condition.
Price
Sold Price:
$650,000
Sold Date:09/04/2015
Riverside
3,700 (approx)
215016942DA
Closed
Description
Fabulous Fourplex, great location, fresh exterior paint, awnings & new roll-up garage doors. This exceptional fourplex is in a lovely quiet neighborhood & is exceptionally clean. It is a single story fourplex (like condos or small homes). Two of the four units have 2 bedrooms & 2 baths; the other two units have 3 bedrooms & 2 baths; the 3 bedroom units have fireplaces & cathedral ceilings. All units have their own private patios and every unit has its own 2 car garage with direct access to units. All garages have facilities for tenant's own washers & dryers. The location is great, very quiet & this is the only one next to the community pool & spa. Pride of ownership shows in this well-cared for fourplex. This fabulous location is one mile from El Paseo, just off Portola, close to a Middle School. Please Do Not Disturb the Tenants!! All units are leased & are in excellent condition.
Listing Information
Property Type: Cluster, 1 Story
0.14 Acres 6,000 sq.ft. 3,700 (approx)
$175.68 1990
$0 Yes- 8 spaces
1 Stucco, Frame
Common Hot Water Heater, Public Water Service
Sewer Connected
Cable TV, Underground
4 Total
Neighborhood
Room Information
Interior Features
Gas Range/Cooktop
Central Air
Gas Heat, Forced Air
Gas Burning, Living Room
Exterior / Lot Features
8 Garage Spaces, 8 Parking Spaces
Stucco, Frame
Balcony
Composition, Concrete, Shingle
Pool
In-ground, Heated
In Ground, Heated Spa
Pr-7
Sidewalks, Security Lighting, Curbs Walk, Storm drains
Driving Directions
From Highway 10 go south, turn left at light on Magnesia Falls, left on the second street, Park Place. From Hwy. 111, go north on Portola, turn right at light on Magnesia Falls, then turn left on second street, Park Place. Fourplex is on the right.
Financial Considerations
624330004
$50,000 Income ,$19,200Expense
Listing Price History

Palm Desert Real Estate

Palm Desert is located in California. Palm Desert, California 92260 has a population of 48,959.

The median household income in Palm Desert, California 92260 is $53,456. The median household income for the surrounding county is $57,096 compared to the national median of $53,046. The median age of people living in Palm Desert 92260 is 53.8 years.

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Courtesy: Bennion Deville Homes John Marshek
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