27700 Avenida Terrazo, Cathedral City, CA 92234

Cathedral City, CA 92234,27700 Avenida Terrazo

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Gianna Silvaggio

gsellslv@gmail.com +1(702) 236-2664

$ 1,800,000

Est. payment | -/mo

8 Beds

9 Baths

4,850 SqFt

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$ 1,800,000

Est. payment | -/mo

Save

8 Beds

9 Baths

4,850 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,850 sqft

Price per Sqft $371

Subdivision Rio Vista

MLS Listing ID 219113170

Style Mediterranean

Bedrooms 8

Full Baths 9

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 Air Conditioning, Wall/Window Unit(s), Other

Inclusions All F, F & E in the units and laundry room owned by the seller.

Fireplace false

Exterior

View Y/N false

Private Pool No

Building

Lot Description Rectangular Lot

Story 1

Entry Level Ground Level, No Unit Above,One

Sewer In, Connected and Paid

Architectural Style Mediterranean

Level or Stories Ground Level, No Unit Above, One

Others

Senior Community No

Acceptable Financing 1031 Exchange, Cash, Cash to New Loan, Conventional

Listing Terms 1031 Exchange, Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

Listed by Grossman Real Estate

+1(702) 236-2664

gsellslv@gmail.com