Cathedral City, CA 92234,28670 Landau Boulevard
Cathedral City, CA 92234,28670 Landau Boulevard
Cathedral City, CA 92234,28670 Landau Boulevard
Cathedral City, CA 92234,28670 Landau Boulevard
Cathedral City, CA 92234,28670 Landau Boulevard
Cathedral City, CA 92234,28670 Landau Boulevard
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$760,000

$799,900

5.0%
Est.Price: ?

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Est. payment /mo

6 Beds

4 Baths

8,276 Sqft Lot


SOLD DATE : 11/02/2022

Key Details

Sold Price $760,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW22172125

Sold Date 11/02/22

Bedrooms 6

HOA Y/N No

Lot Size 8,276 Sqft

Property Description

Great Investor Opportunity: CAP RATE 5+ The Annual Income is $65,100 Total monthly rents $5425.00 GRM 12.3 / Low Operating Expenses Profitable NOI: Duplex 6 bedrooms 4 full bathrooms 2 single car garages & 2 carports, with 4 additional driveway parking spots. Renovated and updated July 2022, 100% occupied with new 12-month leases as of August 2022. The renovation includes: Flooring throughout, new paint, Stainless-Steel Appliances, ceiling fans in the living room and in all 6 Bedrooms, 4 full Bathrooms w Dual Shower heads, new vanities, LED lighting inside and out, Private Washer & Dryer included in your garage. Special Features: Enclosed 8.5' X 10' indoor/outdoor patio - works well as a den and includes a high-top table with 6 stools, ceiling fan, lighting, TV -Monitor for gaming and entertainment. Spacious 15X30 private backyard, maintenance-free turf, play area, new landscaping, umbrella-shaded patio furniture set, and a BBQ/ Grill. All Outdoor Furniture Conveys. The entire property has additional lighting enhancing the tall palm trees and property features while providing extra security. Great location, easy access to all major roads and highways throughout the Coachella Valley, and strong employment opportunities. The neighborhood includes beautiful parks, schools, shopping, entertainment centers, a nearby casino, and golf courses.
Great Investor Opportunity: CAP RATE 5+ The Annual Income is $65,100 Total monthly rents $5425.00 GRM 12.3 / Low Operating Expenses Profitable NOI: Duplex 6 bedrooms 4 full bathrooms 2 single car garages & 2 carports, with 4 additional driveway parking spots. Renovated and updated July 2022, 100% occupied with new 12-month leases as of August 2022. The renovation includes: Flooring throughout, new paint, Stainless-Steel Appliances, ceiling fans in the living room and in all 6 Bedrooms, 4 full Bathrooms w Dual Shower heads, new vanities, LED lighting inside and out, Private Washer & Dryer included in your garage. Special Features: Enclosed 8.5' X 10' indoor/outdoor patio - works well as a den and includes a high-top table with 6 stools, ceiling fan, lighting, TV -Monitor for gaming and entertainment. Spacious 15X30 private backyard, maintenance-free turf, play area, new landscaping, umbrella-shaded patio furniture set, and a BBQ/ Grill. All Outdoor Furniture Conveys. The entire property has additional lighting enhancing the tall palm trees and property features while providing extra security. Great location, easy access to all major roads and highways throughout the Coachella Valley, and strong employment opportunities. The neighborhood includes beautiful parks, schools, shopping, entertainment centers, a nearby casino, and golf courses.

Location

State CA

County Riverside

Area Riv Cty-Cathedral City (92234)

Zoning Assessor

Interior

Cooling Central Forced Air

Exterior

Exterior Feature Stucco

Parking Features Unit1:Assigned

Building

Lot Description Curbs, Sidewalks

Story 1

Lot Size Range 7500-10889 SF

Level or Stories 1 Story

Others

Acceptable Financing Cash, Conventional, Exchange, FHA, VA

Space Rent $2,700

Listing Terms Cash, Conventional, Exchange, FHA, VA

Financing Cash

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San Diego Regional MLS (SDMLS)
Listed by Timothy Austin • Broker Groves, Inc
Bought with Yoko Shishido • Ocean Palisades Realty, Inc.
agent-avatar

+1(858) 449-1101

theresa@octagonre.com

1420 Kettner Blvd, Suite 100, Diego, CA, 92101, United States

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