520 S Desert View Drive Active

Palm Springs,CA 92264

$ 1350000

- Bed

- Bath

10019 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 10,019 sqft

Price per Sqft $134

MLS Listing ID CRCV25050079

Year Built 1963

Lot Size 10,019 Sqft

Property Sub-Type Other

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

Interior

Heating Other

Cooling Central Air

Laundry Dryer,Washer

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