tomo logo

$1,425,000

Beds
Unknown
sq ft
10,019

520 S Desert View Dr, Palm Springs, CA 92264

520 S Desert View Dr

Palm Springs, CA 92264

  • 33 days on market
    • Price drop $50,000↓
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.

Details

Property type

Apartment

Lot size

0.23 acres

Price per sq ft

$143

Year built

1963

Price History

06/07/2024
CRMLS

CRMLS #CV24108362

Price change
$1,425,000
-3.39%
05/29/2024
CRMLS

CRMLS #CV24108362

Listed
$1,475,000

Schools & Community

Neighborhood: 

Demuth Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Street Lights, Sidewalks

Status: Active

Tomo last checked: 07/01/2024 at 7:40 AM

Listing updated: 06/07/2024 at 1:18 PM

Listed by: William Melton, PAEZ REALTY COMPANY Phone #: (909) 476-3552

MLS: CRMLS #CV24108362

CRMLS logo

Recently listed in Palm Springs