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34930 Marcia RD Cathedral City, CA 92234
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Key Details
Sold Price $890,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,900 sqft
Price per Sqft $181
Subdivision Desert Princess (Sfr) (33539)
MLS Listing ID OC21138501
Sold Date 09/16/21
HOA Y/N No
Year Built 2003
Annual Tax Amount $9,381
Tax Year 2020
Lot Size 0.330 Acres
Acres 0.33
Property Sub-Type Triplex
Property Description
Income-producing triplex with long-term tenants located within an Opportunity area. Rents are well below market with upside potential. All 3 units are 3 bedrooms and 2 baths each, totaling Unit #A, B, C approximately 1,500; 1,600; 1,800 sqft of living space which sits on a large 14,000+ corner lot.
Unit A will consist of approx. 1,500 sqft of Living area, Plus a 2 - Car Garage, currently renting for $1,500.00 per month, and the contract is ended by August 2021.
Unit #B with approx. 1,600 sqft. of Living area Plus a 2 - Car Garage; currently renting for $1,600.00 per month and contract is ended by Dec. 2021.
Unit #C will consist of approx. 1,700 + sqft of Living area, Plus a 2 - Car Garage, currently occupied by the maintenance/manager. We project the renting income for this unit is $1,700.00 per month.
Don't miss out on this great opportunity to own an income-producing triplex and to build your own triplex/investment.
Location
State CA
County Riverside
Area 335 - Cathedral City North
Rooms
Other Rooms All Bedrooms Down, Kitchen, Laundry, Living Room
Interior
Heating Central
Cooling Central Air, Gas
Fireplaces Type Living Room
Fireplace 1
Appliance Dishwasher
Laundry In Closet, Inside
Exterior
Parking Features Direct Garage Access
Garage Spaces 2.0
Fence None
Pool None
Community Features Street Lights, Suburban
Utilities Available Electricity Connected, Natural Gas Connected, Water Connected
View Y/N 1
View Neighborhood
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Back Yard, Sprinkler System
Story 1
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Special Listing Condition Standard
Lease Land No
Confidential INFO
BAC 2.0
TERMS Cash,Cash To New Loan,Conventional,Fannie Mae,FHA,Freddie Mac
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE Occupant
SHOW INSTRUCTIONS PLEASE USING SHOWING TIME AND WAIT FOR CONFIRMATION. SHOWING MUST BE 24 HOURS IN ADVANCE DUE TO THE TENANTS REQUIREMENT. SUPRA IS ON THE ATER PIPE ON UNIT #C.
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Bought with Genesis Investments & Financial Services