520 S Desert View DR Active Save Request In-Person Tour Request Virtual Tour
Palm Springs,CA 92264
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,019 sqft
Price per Sqft $134
Subdivision Demuth Park
MLS Listing ID CV25050079MR
Bedrooms 2
Year Built 1963
Lot Size 10,019 Sqft
Property Sub-Type Multi-Family
Property Description
The 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.
Location
State CA
County Riverside
Area Palm Springs South End
Zoning R2
Interior
Heating Central
Cooling Central
Fireplaces Type Bath, Kitchen
Laundry Dryer, Dryer Included, Washer, Washer Included
Exterior
Parking Features Assigned
Community Features Curbs, Street Lights, Urban
Building
Story 1
Sewer Unknown
Others
Special Listing Condition Standard