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
Square Footage 4,850 sqft
Price per Sqft $371
Subdivision Rio Vista
MLS Listing ID 219113170
Style Mediterranean
Bedrooms 8
Full Baths 9
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.
Exterior
Garage false
View Y/N false
Building
Lot Description Rectangular Lot
Story 1
Sewer In, Connected and Paid
Others
Acceptable Financing 1031 Exchange,Cash,Cash to New Loan,Conventional
Listing Terms 1031 Exchange,Cash,Cash to New Loan,Conventional
Special Listing Condition Standard