Cathedral City, CA 92234,27700 Avenida Terrazo
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$1,800,000
Est. payment /mo
8 Beds
9 Baths
4,850 SqFt
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UPDATED:

11/06/2024 03:41 AM

Key Details

Property Type Multi-Family

Sub 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 219113170DA

Style Mediterranean

Bedrooms 8

Full Baths 9

Year Built 1983

Annual Tax Amount $22,000

Tax Year 2023

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 Cathedral City North

Interior

Heating Forced Air

Cooling Air Conditioning, Other, Wall/Window

Flooring Ceramic Tile

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

Equipment Range/Oven, Refrigerator

Laundry Community

Exterior

Garage On street, Other, Shared Driveway

View Y/N No

Roof Type Tile

Building

Lot Description Lot Shape-Rectangular, Sidewalks, Street Paved, Street Public

Story 1

Foundation Slab

Sewer In Connected and Paid

Water Water District

Architectural Style Mediterranean

Structure Type Stucco

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Grossman Real Estate

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Shawn Kormondy

+1(323) 638-7567

Agent | License ID: 01451888

Agent License ID: 01451888

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