
2.949.000 USD
Vendita uso commerciale, 69180 Victoria Dr, Cathedral City, California 92234, Stati Uniti
- Numero MLS219141857DA
Inserito da CENTURY 21 Affiliated
L'immobile Proprietà commerciale situato all'indirizzo 69180 Victoria Dr, Cathedral City, California 92234, Stati Uniti è attualmente in vendita.69180 Victoria Dr, Cathedral City, California 92234, Stati Uniti viene quotata per2.949.000 USD.
Caratteristiche dell'immobile
Lotto/Terreno
- Superficie del terreno/lotto:
3.237 m² (34.848 ft²)
Costruzione
- Anno di costruzione: 1982
Descrizione
This fully leased, ten-unit property features spacious three-bedroom, two-bath residences averaging approximately 1,230 square feet--each equipped with in-unit laundry, private patios, and covered carport parking. Residents enjoy a premier amenity package, including a resort-style pool and tennis court, all on a well-maintained 0.8-acre site.Strategically located just off the Rancho Mirage border, the property delivers central access to Palm Springs and Palm Desert, in a submarket characterized by increasing rents and enduring demand. Operations are optimized through separately metered utilities, tenant-paid water and trash, and solar-paned common areas, resulting in stable net operating income and low management intensity. Current collections reach an annualized $250,512 in rent and $254,512 effective gross income, supporting a strong in-place cap rate of 6% at the offering price of $2,949,000.Further value lies in the potential conversion of the existing rear ADU into an income-generating unit and the possibility for redevelopment of the tennis court area, pending buyer verification. This asset represents a rare blend of immediate yield and development upside--an attractive proposition for institutional and private investors seeking both stable returns and long-range growth in one of Southern California's most resilient rental markets.
Località
69180 Victoria Dr, Cathedral City, California 92234, Stati Uniti