520 Desert View Drive, Palm Springs, CA 92264
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- MLS#: CV25050079 ( Apartment )
- Street Address: 520 Desert View Drive
- Viewed: 2
- Price: $1,350,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1963
- Bldg sqft: 0
- Days On Market: 27
- Additional Information
- County: RIVERSIDE
- City: Palm Springs
- Zipcode: 92264
- Subdivision: Demuth Park (33443)
- Provided by: PAEZ REALTY COMPANY
- Contact: William William
- DMCA Notice
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DescriptionThe Dots Apartments was completely renovated and is in excellent condition offering the new owner a turnkey, low maintenance asset with immediate cash flow. The properties highly desirable unit mix consist of all two bedroom one bathroom units with private patios/backyards. Tenants enjoy open floor plans, large double pane windows, and high quality vinyl plank flooring. Each unit includes a stacked washer and dryer. Units are separately metered for electricity and gas. There are over 10% upside rents through annual rent increases. The Dots Apartments displays a sought after, modern atmosphere and consists of one single story building constructed of wood frame, stucco exteriors, and concrete slab foundation atop of .23 acres of land. The exterior has been enhanced with new paint, new windows, new landscaping, new lighting, and new asphalt. Additionally, the prime location provides easy access to Palm Springs' renowned dining, entertainment, and cultural hotspots.
Property Location and Similar Properties
Features
Building Area Total
- 10019.00
Commoninterest
- Community Apartment
Common Walls
- 2+ Common Walls
Cooling
- Central Air
Country
- US
Entry Location
- Desert View Drive
Fireplace Features
- Bath
- Kitchen
- Primary Bedroom
- Outside
Garage Spaces
- 0.00
Heating
- Central
Insurance Expense
- 3800.00
Laundry Features
- Dryer Included
- Washer Included
Levels
- One
Lot Features
- 2-5 Units/Acre
Netoperatingincome
- 70837.00
Parcel Number
- 680032002
Parking Features
- Assigned
Pool Features
- Community
Postalcodeplus4
- 1040
Professionalmanagementexpense
- 5353.00
Property Type
- Apartment
Sewer
- Unknown
Sourcesystemid
- CRM
Sourcesystemkey
- 433616462:CRM
Subdivision Name Other
- Demuth Park (33443)
Totalexpenses
- 36227.00
Trash Expense
- 600.00
Year Built
- 1963
Year Built Source
- Public Records
Zoning
- R2