Skip To Content
    Return to Previous Page

    920 E Cottonwood Road

    Palm Springs, CA 92262
    • $509,000
    • STATUS: CONTINGENT
    • ON SITE: 120 days
    • ID#: 302495817
    Under Contract
    UPDATED: 7 min ago
    $509,000
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1951
    County:

    School Ratings & Info

    Description

    Thanks for looking! This is a mid century (1951) Art Deco building. Four large studios on a 1/4 acre lot! Centrally located near everything Palm Springs has to offer. A waiting list for new tenants. Long term tenants, Two over seven years! Wonderfully maintained by the local owner with many upgrades. The east part of the parcel has room for a pool or (check with the city) ability to build a sfr residence. Possibly more with a P.S. variance. Separate electrical meters. Lots of uncovered parking. Impeccable Thanks for looking! This is a mid century (1951) Art Deco building. Four large studios on a 1/4 acre lot! Centrally located near everything Palm Springs has to offer. A waiting list for new tenants. Long term tenants, Two over seven years! Wonderfully maintained by the local owner with many upgrades. The east part of the parcel has room for a pool or (check with the city) ability to build a sfr residence. Possibly more with a P.S. variance. Separate electrical meters. Lots of uncovered parking. Impeccable interiors and outside landscape. Laundry room, machines conveyed with title. Similar properties have rents near $1,000 per month. Please check the financing option. With 30% and a well qualified purchaser, owner MAY do an installment sale and finance for 15 years.

    Monthly Payment Calculator

    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
    www.dreamlivingsd.com/homes/104982647
    Print Image

    920 E Cottonwood Road Palm Springs, CA 92262

    • Price: $509,000
    • Status: CONTINGENT
    • Updated: 7 min ago
    • ID#: 302495817
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    1951
    Built
    Neighborhood:
    Colony El Mirador (33217)
    County:
    Riverside
    Area:
    Riv Cty-Palm Springs (92262)
    Property Description
    Thanks for looking! This is a mid century (1951) Art Deco building. Four large studios on a 1/4 acre lot! Centrally located near everything Palm Springs has to offer. A waiting list for new tenants. Long term tenants, Two over seven years! Wonderfully maintained by the local owner with many upgrades. The east part of the parcel has room for a pool or (check with the city) ability to build a sfr residence. Possibly more with a P.S. variance. Separate electrical meters. Lots of uncovered parking. Impeccable Thanks for looking! This is a mid century (1951) Art Deco building. Four large studios on a 1/4 acre lot! Centrally located near everything Palm Springs has to offer. A waiting list for new tenants. Long term tenants, Two over seven years! Wonderfully maintained by the local owner with many upgrades. The east part of the parcel has room for a pool or (check with the city) ability to build a sfr residence. Possibly more with a P.S. variance. Separate electrical meters. Lots of uncovered parking. Impeccable interiors and outside landscape. Laundry room, machines conveyed with title. Similar properties have rents near $1,000 per month. Please check the financing option. With 30% and a well qualified purchaser, owner MAY do an installment sale and finance for 15 years.
    Exterior Features

    Irrigation Sprinklers Pool N/K Roof Other/Remarks

    Interior Features

    Cooling Wall/Window Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Units With Cooling 4 Units With Range Oven 4 Water Heater Type Gas

    Property Features

    Annual Expense Actual 11585 Buildings 1 Gross Scheduled Income Actual 35280 Home Owners Fees 0.0 Possession Close Of Escrow Sewer Septic Sewer Connected Tenant Pays Cable TvElectricity Terms CashConventionalExchangeFhaSeller May Carry Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 685.0 Unit2 Rent Actual 656.0 Unit3 Rent Actual 775.0 Unit4 Rent Actual 725.0 Water Meter On Property Zoning R2

    Listing provided courtesy of Re/Max Consultants. Listing information © 2020 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
     
    https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_1_302495817-1.jpg https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_1_302495817-1.jpg https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_1_302495817-1.jpg
    Logo
    Cay, Carly & Patrick | Keller Williams
    12780 High Bluff Drive
    San Diego CA, 92130