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    920 E Chuckwalla Road

    Palm Springs, CA 92262
    • $1,599,444
    • STATUS: Active
    • ON SITE: 52 days
    • ID#: TR21059282
    UPDATED: 63 min ago
    $1,599,444
    • 0
      BEDS
    • 0.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,500
      SQFT
    • $355
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1966
    County:

    School Ratings & Info

    Description

    TOTAL FOR BOTH PARCELS: $2,888,888. FIRM. HOME HEALTH CARE? ASSISTED LIVING? REHAB CENTER? Owner knows the value and knows the BUSINESS OPPORTUNITY INVESTORS CAN IMPLEMENT ON THIS 12 UNIT (check w/ CITY) SPRAWLING POOL COMPLEX (860 and 920 CHUCKWALLA RD) LOCATED IN THE HUSSLEAND BUSSLE OF EVER GROWING PALM SPRINGS. OWNER HAS SPARED NO EXPENSE IN REMODELING ABOUT 10 YEARS AGO BUT Interiors are READY FOR ANOTHER FACE LIFT EXTERIOR ON THE OTHER HAND IS GORGEOUS W/ FOUNTAINS PALM AND FICUS TREES. EACH UNIT HAS ITS OWN SEPARATE FRONT AND BACK PATIOS. FIVE UNITS HAVE ITS OWN WASHER AND DRYER FACILITY. ALSO COIN OPERATED MACHINES ON SITE AS WELL MANAGED BY A COMPANY (no fee headache) EACH SIDE HAS A FRONT HOUSE PLUS ONE BEDROOM UNIT WITH 2BD1/1BA AND 1BD/1BA UNIT. ****. THEN BACK BUILDING HAS 4 MODEL MATCH UNITS ALL WITH PRIVATE PATIOS. 920 CHUCKWALLA HAS A POOL. 860 chuckwalla has a storage shed in front. THERE ARE 12-13 off street parking stalls and the two back buildings have brand new roofs in the past 5 years. Long term happy tenants but Im sure investor will want to change the property to a successful BUSINESS AND NOT JUST AN APARTMENT COMPLEX. DRIVE BY ONLY. PLEASE DO NOT DISTURB TENANTS: Rent rollsTwo parcels 860 n 920Chuckwalla860. $1500. House private laundry862. $900 private laundry 864 $800 she helps manage end unit 866 $850868 $875$870 $895 private laundry end unit 910 $850 912 $895914 $860916 $875918 $1150930 $1650EXPENSES PER MONTHWater $300Insurance $890Elec : $800. Varies each monthTrash $235Gas $95. Left sideGas: $300. Right sidePool: $150TENANTS HAVE NEVER MOVED. THE LOVE IT THERE AND MANAGERS ARE IN SITE MANUEL. UNIT 860Sergio UNIT 862Easy to show. Let me know MANAGERS ARE ON SITE. Most units separately gas , ALL SEPARATELY ELECTRIC METERED. OWNER PAYS POOL, insurance taxes and water. Also managers have been maintaining landscaping since day one of ownership and they do a beautiful job!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-14T17:39:46.483. 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 deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Southwest. Licensed in the State of California, USA.
    www.necolrealty.com/homes/115348543
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    920 E Chuckwalla Road Palm Springs, CA 92262

    • Price: $1,599,444
    • Status: Active
    • Updated: 63 min ago
    • ID#: TR21059282
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.26
    Acres
    4,500
    SQFT
    $355
    $/SQFT
    1966
    Built
    Neighborhood:
    Other (Othr)
    County:
    Riverside
    Area:
    332 - Central Palm Springs
    Property Description
    TOTAL FOR BOTH PARCELS: $2,888,888. FIRM. HOME HEALTH CARE? ASSISTED LIVING? REHAB CENTER? Owner knows the value and knows the BUSINESS OPPORTUNITY INVESTORS CAN IMPLEMENT ON THIS 12 UNIT (check w/ CITY) SPRAWLING POOL COMPLEX (860 and 920 CHUCKWALLA RD) LOCATED IN THE HUSSLEAND BUSSLE OF EVER GROWING PALM SPRINGS. OWNER HAS SPARED NO EXPENSE IN REMODELING ABOUT 10 YEARS AGO BUT Interiors are READY FOR ANOTHER FACE LIFT EXTERIOR ON THE OTHER HAND IS GORGEOUS W/ FOUNTAINS PALM AND FICUS TREES. EACH UNIT HAS ITS OWN SEPARATE FRONT AND BACK PATIOS. FIVE UNITS HAVE ITS OWN WASHER AND DRYER FACILITY. ALSO COIN OPERATED MACHINES ON SITE AS WELL MANAGED BY A COMPANY (no fee headache) EACH SIDE HAS A FRONT HOUSE PLUS ONE BEDROOM UNIT WITH 2BD1/1BA AND 1BD/1BA UNIT. ****. THEN BACK BUILDING HAS 4 MODEL MATCH UNITS ALL WITH PRIVATE PATIOS. 920 CHUCKWALLA HAS A POOL. 860 chuckwalla has a storage shed in front. THERE ARE 12-13 off street parking stalls and the two back buildings have brand new roofs in the past 5 years. Long term happy tenants but Im sure investor will want to change the property to a successful BUSINESS AND NOT JUST AN APARTMENT COMPLEX. DRIVE BY ONLY. PLEASE DO NOT DISTURB TENANTS: Rent rollsTwo parcels 860 n 920Chuckwalla860. $1500. House private laundry862. $900 private laundry 864 $800 she helps manage end unit 866 $850868 $875$870 $895 private laundry end unit 910 $850 912 $895914 $860916 $875918 $1150930 $1650EXPENSES PER MONTHWater $300Insurance $890Elec : $800. Varies each monthTrash $235Gas $95. Left sideGas: $300. Right sidePool: $150TENANTS HAVE NEVER MOVED. THE LOVE IT THERE AND MANAGERS ARE IN SITE MANUEL. UNIT 860Sergio UNIT 862Easy to show. Let me know MANAGERS ARE ON SITE. Most units separately gas , ALL SEPARATELY ELECTRIC METERED. OWNER PAYS POOL, insurance taxes and water. Also managers have been maintaining landscaping since day one of ownership and they do a beautiful job!
    Exterior Features

    Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 11 Parking Total 0 Pool Features Private Pool Private YN Yes Property Attached YN Yes View River View YN Yes

    Interior Features

    Common Walls 1 Common Wall

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Biking Contingency If Price is Right Owner May Not Do A 1031 Exchange Electric Expense 700 Fuel Expense 700 Garage YN No Gross Income 24000 Gross Scheduled Income 13000 Insurance Expense 8000 Land Lease YN No Laundry Features Common AreaLaundry Room Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms 1031 Exchange Net Operating Income 12000 New Construction YN No New Taxes Expense 0 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 0 Operating Expense 1100 Property Sub Type Mixed Use Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 150 Water Sewer Expense 300 Water Source Public Zoning R2

    Listing provided courtesy of Richard Furstenberg of Furstenberg Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-14T17:39:46.483. 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 deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Southwest. Licensed in the State of California, USA.
     
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    41463 Margarita Rd. Suite 100
    Temecula CA, 92591