277 East Racquet Club Road #3, Palm Springs, CA 92262

$495,000 Approx. USD 4 beds, 4 baths
2,201 sqft

Agent Remarks

Mid Century Ranch Style Triplex - Solid building, cheaper then a single family home. Income with existing building or development for greater profits , zoned for 6 more units. The massive over sized view lot (over a half of acre) offers many ways to earn extra income. Frontage of lot is 140ft. Lot is 2 times bigger than most sold, pending, or active 3-4 units. This is NOT a fixer but still has room for numerous opportunities. (Don't let time on the market fool you, it has fallen out of escrow three times). New Foam Roof, Polished Concrete floors, Updated Baths, New Kitchens, Copper Plumbing, Individual Hot Water Tanks, Separate Laundry Room, All walls have been smoothed coated for a modern clean look. Each Unit has its Own Electric Meter/Panel (SquareD) and Gas Meter. Large Parking Lot - Conveniently located close to Riviera Resort, Billy Reeds, and The Buzz.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 16130566PS
List price is $495,000
Beds: 4
Baths: 4
Built in 1964
2,201 sqft
1 Story stories
County: Riverside
Zoning: R
Parking description: Driveway - Gravel
Heating description: Forced Air
MLS area: Palm Springs North End (331)

Last Updated: 11/20/2016

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This listing belongs to the Palm Springs North End (331) MLS area

The listing is zoned R.
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Lat/Long: 33.851742, -116.544731.
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Broker: Courtesy of PDC Real Estate
Listing Agent: James Lewis

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