Sold for $1,625,000

Listed by: Desert Properties of Coachella Valley • Steven Mogavero • Contact: 650-867-1737

Bought with: Windermere Real Estate

$1,625,000

46100 Ocotillo Dr, Palm Desert, CA 92260

--beds

--baths

--sqft

Multi Family

Built in 1965

-- sqft lot

$1,635,900 Zestimate^®

$--/sqft

$2,343 Estimated rent

Home value

$1,635,900

$1.36M - $2.00M

$2,343/mo

Zestimate^® history

Owner options

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$2,343/mo

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$2,343/mo

Rent Zestimate^®

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$10,429/mo

Est. payment

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$10,429/mo

Est. payment

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What's special

Rarely available Mid-Century Garden - style Apartment building | 6 - 2 bedroom 2 bath large units with back patios | All units are clean, and well maintained | only 2 units are at Market rents = Upside $$$ | All units open to gated pool | Community laundry room | Carport parking plus additional off street driveway parking | Walking distance to world famous El Paseo shops and restaurants | Will perform at approx. 5.0% CAP rate, at asking price | Incredibly well maintained - Excellent turn-key investment

Facts & features

Interior

Rooms

Room types: Entry/Foyer, Utility Room

Heating

Forced Air

Cooling

Has cooling: Yes

Appliances

Included: Water Heater

Features

Utility Room
Has fireplace: No

Property

Parking

Total spaces: 10
Parking features: Attached Carport, Assigned
Carport spaces: 6
Uncovered spaces: 4

Features

Levels: One
Stories: 1
Has private pool: Yes
Pool features: Community, In Ground

Lot

Size: 0.46 Acres

Details

Parcel number: 628082002
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Condition

New construction: No
Year built: 1965

Community & HOA

Community

Features: Pool
Subdivision: Not Applicable-1

Location

Region: Palm Desert

Financial & listing details

Date on market: 10/2/2024
Listing terms: Conventional

Price history

Date	Event	Price
11/15/2024	Sold	$1,625,000-4.1%
Source: CRMLS #219117643DA Report a problem
10/17/2024	Pending sale	$1,695,000
Source: CDAR/ Desert Area MLS #219117643 Report a problem
10/2/2024	Listed for sale	$1,695,000-10.8%
Source: CDAR/ Desert Area MLS #219117643 Report a problem
2/29/2024	Listing removed	--
Source: Greater Palm Springs Realtors #219101008 Report a problem
12/7/2023	Price change	$1,900,000-5%
Source: CDAR/ Desert Area MLS #219101008 Report a problem
10/27/2023	Price change	$2,000,000-11.1%
Source: CDAR/ Desert Area MLS #219101008 Report a problem
10/9/2023	Listed for sale	$2,250,000
Source: CDAR/ Desert Area MLS #219101008 Report a problem