$495,000 277 E Racquet Club Road Palm Springs, CA

MLS: 16130566PS   Type: Income   County: Riverside   City: Palm Springs   Area: North End Palm Springs   Neighborhood: Racquet Club East   Zip: 92262     Stories: 1

Mortgage $2,324 /mo



Half Baths

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Mid Century Ranch Style Triplex - Solid building, cheaper then a single family home. Income with existing building or development for greater profits , zoned for 6 more units. The massive over sized view lot (over a half of acre) offers many ways to earn extra income. Frontage of lot is 140ft. Lot is 2 times bigger than most sold, pending, or active 3-4 units. This is NOT a fixer but still has room for numerous opportunities. (Don't let time on the market fool you, it has fallen out of escrow three times). New Foam Roof, Polished Concrete floors, Updated Baths, New Kitchens, Copper Plumbing, Individual Hot Water Tanks, Separate Laundry Room, All walls have been smoothed coated for a modern clean look. Each Unit has its Own Electric Meter/Panel (SquareD) and Gas Meter. Large Parking Lot - Conveniently located close to Riviera Resort, Billy Reeds, and The Buzz.

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Price History

6/3/2016 Listed $449,000

Listagentstatelicense 01164097
Listing Agent James Lewis - BRE#01164097
Listing Agent First Name James
Listing Agent Last Name Lewis
Mlsareamajor 331 - North End Palm Springs
Speciallistingconditions Standard
Subdivision Racquet Club East
Subdivisionnameother Racquet Club East
Zoning R

Interior Features

Appliances Included Gas Water Heater
Appliancesyn 1
Cooling Gas
Coolingyn 1
Total Stories 1
Units 3

Exterior Features

Building Area Total 2201
Buildings 1
Lot (Land) Features Desert Back
Lot Area 27443.00
Lot Size Acres 0.63
Lotsizesquarefeet 27443.00
Lotsizeunits Square Feet
Parking Features Driveway - Gravel
Parking Total 10.00
Parkingyn 1
Roof Foam
View Desert
Viewyn 1

Property Schools

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Property vs Zip Code Avg (92262)

Price 495K Avg 1.11M

Sqr Feet 2,201 Avg 2,150

Cost / Sqr Ft $225 Avg $518

Acres 0.63 Avg 0.33

Visits 2 Avg 18

Days on Site 189 Avg 369

Walkscore® 49 Avg 50

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Listing Provided Courtesy Of: James Lewis with PDC Real Estate.

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Location & Address

eXp Realty California

Escondido, CA