Palm Sp Villas I (5060)

420 N Villa Court #207, Palm Springs, CA 92262

Description

Great investment opportunity for a 1031 Exchange and to add to your net worth. The condo is currently being leased and is achieving a 7.40% CAP rate. It can also be great for a 2nd or 3rd home. Just off the 111 and minutes from the I-10 Freeway providing easy travels from Los Angeles, San Diego, and other coastal areas. The property is minutes from downtown, Desert Regional Medical Center, Spa Casino, shopping, restaurants etc. You own the land.

Details

MLS#19436450
StyleCondominium
Sub-TypeResale
StatusActive
Year1981
Days On Site25

Features

Bed(s)1
Bath(s) 1 Full
SQ Feet589
PoolYes
Story(s)NA
Acreage0.01

Market Activity 92262

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Area Information

StateCA
CountyRiverside
CityPalm Springs
Zip Code92262
Area331 - North End Palm Springs
Community NamePalm Sp Villas I (5060)
Listing VS Median (in Palm Sp Villas I (5060))
Price:
$110,000
low | high
Med:
$122,000
39.090909090909% of Average
SqFt:
589
low | high
Med:
589
50% of Average
$ / SqFt:
$187
low | high
Med:
$207
39.090909090909% of Average
On Site:
25
low | high
Med:
36
69.444444444444% of Average
Listing Updated: 03/18/2019
MLS Number: 19436450
Listing Provided By:
Richie Delao  of  Sothebys International Realty
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.