73282 Ca-111, Palm Desert, CA 92260 - Berkshire Hathaway HomeServices California Properties

73282 Ca-111, Palm Desert, CA 92260

$729,950 Approx. USD 0 beds, 0 baths

Listing Agent


Steven Mogavero | steve@cvdprop.com
Lic#: 00992473
Broker: Courtesy of Desert Properties of Coachella Valley

Agent Remarks

Leased investment being sold for lot value. Building . currently set up with retail/office/service businesses. Total of 7 suites, with 3 tenants occupying 5 of these suites( 2 are vacant), and currently generating total of $3700/month. 2 suites on the street, others are in courtyard type setting. 2 bathrooms. Huge rear parking lot with 14+ parking spots. Same owners for 20+ years realize there is a lot of deferred maintenance, and have priced this accordingly. All current tenants are on month-to-month or their lease is up June of this year. Great for an owner user, looking to develop in the future -If fully leased, this would perform at approx. a 6 CAP with new taxes, insurance , etc.

Listing Details

Property type: (Commercial)
Status: Pending
MLS# 219122713DA
Price: $729,950
HOA Fee is $0.00
Built in 1952
0.14 acres
Lot size: 0.1400
County: Riverside
Zoning: C-1/C-P
MLS area: 322 - North Palm Desert

Last Updated: 4/11/2025

 Days On Market (DOM): 87

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This listing belongs to the 322 - North Palm Desert MLS area

Lat/Long: 33.721821, -116.386394.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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