Palm Springs, CA 92264,145 E Mesquite AVE
Palm Springs, CA 92264,145 E Mesquite AVE
Palm Springs, CA 92264,145 E Mesquite AVE
Palm Springs, CA 92264,145 E Mesquite AVE
Palm Springs, CA 92264,145 E Mesquite AVE
Palm Springs, CA 92264,145 E Mesquite AVE
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$1,100,000

$1,345,000

18.2%
Est.Price: ?

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Est. payment /mo

5 Beds

5 Baths

2,967 SqFt


SOLD DATE : 05/11/2022

Key Details

Sold Price $1,100,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,967 sqft

Price per Sqft $370

Subdivision Tahquitz River Estates

MLS Listing ID 219076447PS

Sold Date 05/11/22

Style Mediterranean

Bedrooms 5

Full Baths 4

Half Baths 1

Construction Status Fixer

Year Built 1977

Lot Size 8,276 Sqft

Property Description

Casa Montabello is a multi-family dwelling featuring 4-units located in one of the best locations in Palm Springs where everything is happening. Steps from the newly developed Cody Place and many other ongoing real estate projects. Just the right location for an investor. Most relevant and recent exterior upgrades include a 2021 Owned solar system with an approx. value of $114,000, and dual-pane windows throughout. Tall gated stucco walls and mature landscape enhance the privacy and serene atmosphere. Unit 1 comprises of 2BDR-1BA with a cozy fireplace and wrap-around patio with water feature. Unit 2 and 3 each feature 1BDR-1BA and expansive outdoor private patio which could be re-configured to allow tenants to still have private patios plus room for a community splash pool or spa (currently no pool or spa). Unit 4 features 1BDR + office space, two baths and a large wrap-around private patio. Except for Unit 1, the property is ready for your vision and upgrades, with endless possibility and room for rental income growth. All tenants are on Month-to-Month lease agreements, ideal for an investor that is planning to redesign the complex. All units come with kitchen and appliances and are unfurnished. Washer and dryer are located in the community laundry room with access to a large Owner storage room. Off-street parking for each unit. Fully leased on Month to Month, please do not disturb tenants. Amazing rental potential or a great family compound opportunity.

Location

State CA

County Riverside

Area Palm Springs South End

Rooms

Kitchen Laminate Counters, Tile Counters

Interior

Interior Features Recessed Lighting

Heating Central, Other, Wall

Cooling Ceiling Fan, Central, Wall/Window

Flooring Carpet, Tile

Fireplaces Number 1

Equipment Ceiling Fan, Dryer, Hood Fan, Range/Oven, Refrigerator, Washer

Laundry Room

Exterior

Parking Features Side By Side

Garage Spaces 5.0

View Y/N No

Roof Type Composition, Shingle

Building

Lot Description Curbs, Fenced, Landscaped, Lot Shape-Rectangular, Lot-Level/Flat, Secluded, Single Lot, Street Paved, Street Public, Utilities Underground, Yard

Story 1

Foundation Slab

Sewer In Connected and Paid

Water Water District

Architectural Style Mediterranean

Level or Stories One

Structure Type Stucco

Construction Status Fixer

Schools

School District Palm Springs Unified

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Realty Trust
Bought with Berkshire Hathaway HomeServices California Propert

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