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73305 Royal Palm Drive
Palm Desert, CA 92260
Sold
Seller Financing Offered! 4-Unit Property with four 2-bd/2-ba units, each with inside laundry and individual single car garages. The architecture is a fun mix of Mid Century Modern and Moroccan. Known as the Royal Palms and featured in Palm Springs life many years ago. Property consists of two tax parcels, both included in this sale. Please ask for an Income and Expense Statement and Rent Roll, both current and projected. Rents are currently below market value; projected market rents produce a CAP rate of 6.78%. The owner is very interested in offer seller financing. Terms are very reasonable. Please inquire.
PROPERTY INFORMATION
| MLS # | 218020422DA | Lot Size | 17,424 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 890,000
Price Per SqFt: $ inf |
DOM | 2304 Days |
| Address | 73305 Royal Palm Drive | Type | Residential Income |
| City | Palm Desert | Sq.Ft. | Sq. Ft. |
| Postal Code | 92260 | Garage | 4 |
| County | Riverside | Year Built | 1966 |
| Bed / Bath | 0 / 0 | Parking | 10 |
| Built In | 1966 | Status | Closed |
| Sold Date | 2019-02-08 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Has Fireplace | Yes |
| Fireplace Information | See Remarks, Living Room |
| Has Appliances | Yes |
| Kitchen Appliances | Gas Water Heater, Water Heater |
| Has Heating | Yes |
| Heating Information | Natural Gas, Central |
| Has Cooling | Yes |
| Cooling Information | Electric, Central Air |
| Has Spa | No |
EXTERIOR FEATURES
| FoundationDetails | Slab |
| Roof | Composition, Shingle, Foam |
| Has Pool | No |
WALKSCORE
Walk Score: 77 (Very Walkable)MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $949
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 02/07/2019 | Listed | $860,000 |
| 09/04/2018 | Listed | $890,000 |
Topfind Realty
REALTOR®
(844)-333-8033
Questions? Contact today.
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Listing provided courtesy of Doug Fischer, Coldwell Banker Realty. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
