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Listed by William Melton • PAEZ REALTY COMPANY
$ 1,350,000
Est. payment /mo
Active
520 South Desert View Drive Palm Springs, CA 92264
10,019 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 10,019 sqft
Price per Sqft $134
Subdivision Demuth Park
MLS Listing ID CV-25050079
Year Built 1963
Lot Size 10,019 Sqft
Property Sub-Type Apartment
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
Zoning R2
Interior
Heating Central
Cooling Central Air
Fireplaces Type Bath, Kitchen, Master Bedroom, Outside
Laundry Dryer Included, Washer Included
Exterior
Parking Features Assigned
Pool Community
Community Features Curbs, Street Lights, Urban
Building
Lot Description 2-5 Units/Acre
Sewer Unknown