920 E Chuckwalla Road Palm Springs CA 92262 | TR21138503

920 E Chuckwalla Road
Palm Springs, CA, 92262
$1,499,999
Beds
Baths
0 SqFt
0.26 Acres
TOTAL FOR BOTH PARCELS: 860 And 920 chuckwalla rd $2,999,999HOME HEALTH CARE? ASSISTED LIVING? REHAB CENTER? Owner knows the value and knows the BUSINESS OPPORTUNITY INVESTORS CAN IMPLEMENT ON THIS 12 UNIT (check w/ CITY) SPRAWLING POOL COMPLEX (860 and 920 CHUCKWALLA RD) LOCATED IN THE HUSSLE AND BUSSLE OF EVER GROWING PALM SPRINGS. OWNER HAS SPARED NO EXPENSE IN REMODELING ABOUT 10 YEARS AGO BUT Interiors are READY FOR ANOTHER FACE LIFT EXTERIOR ON THE OTHER HAND IS GORGEOUS W/ FOUNTAINS PALM AND FICUS TREES. EACH UNIT HAS ITS OWN SEPARATE FRONT AND BACK PATIOS. FIVE UNITS HAVE ITS OWN WASHER AND DRYER FACILITY. ALSO COIN OPERATED MACHINES ON SITE AS WELL MANAGED BY A COMPANY (no fee headache) EACH SIDE HAS A FRONT HOUSE PLUS ONE BEDROOM UNIT WITH 2BD1/1BA AND 1BD/1BA UNIT. ****. THEN BACK BUILDING HAS 4 MODEL MATCH UNITS ALL WITH PRIVATE PATIOS. 920 CHUCKWALLA HAS A POOL. 860 chuckwalla has a storage shed in front. THERE ARE 12-13 off street parking stalls and the two back buildings have brand new roofs in the past 5 years. Long term happy tenants but I’m sure investor will want to change the property to a successful BUSINESS AND NOT JUST AN APARTMENT COMPLEX. DRIVE BY ONLY. PLEASE DO NOT DISTURB TENANTS: Rent rolls Two parcels 860 n 920 Chuckwalla 860. $1500. House private laundry 862. $900 private laundry 864 $800 she helps manage end unit 866 $850 868 $875 $870 $895 private laundry end unit 910 $850 912 $895 914 $860 916 $875 918 $1150 930 $1650 EXPENSES PER MONTH Water $300 Insurance $890 Elec : $800. Varies each month Trash $235 Gas $95. Left side Gas: $300. Right side Pool: $150 TENANTS HAVE NEVER MOVED. THE LOVE IT THERE AND MANAGERS ARE IN SITE MANUEL. UNIT 860 Sergio UNIT 862 Easy to show. Let me know MANAGERS ARE ON SITE. Most units separately gas , ALL SEPARATELY ELECTRIC METERED. OWNER PAYS POOL, insurance taxes and water. Also managers have been maintaining landscaping since day one of ownership and they do a beautiful job!

Property Details

Price:
$1,499,999
MLS #:
TR21138503
Status:
Active Under Contract
Address:
920 E Chuckwalla Road
Type:
Residential Income
City:
Palm Springs
Listed Date:
Jun 24, 2021
State:
CA
ZIP:
92262
Lot Size:
11,326 sqft / 0.26 acres (approx)
Year Built:
1966
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920 E Chuckwalla Road
Palm Springs, CA
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