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2980 E Ranchero Dr
Palm Springs, CA 92262
Multifamily Property For Sale
·
8 Units
PROPERTY FACTS
| No. Units | 8 | Building Size | 9,000 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1960/2010 |
| Building Class | C | Parking Ratio | 2.48/1,000 SF |
| Lot Size | 0.49 AC | ||
| Zoning | R2, Palm Springs - R2 zoning | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.49 AC |
| Building Size | 9,000 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1960/2010 |
| Parking Ratio | 2.48/1,000 SF |
| Zoning | R2, Palm Springs - R2 zoning |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Tile Floors
- Refrigerator
- Oven
- Yard
- Double Pane Windows
- Patio
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Courtyard
- Pool
- Gated
ABOUT 2980 E RANCHERO DR , PALM SPRINGS, CA 92262
Prime location off E Ramon Rd, this 8 unit single-level complex has been extensively remodeled and shows pride of ownership throughout. It totals 17 bedrooms and 10 bathrooms in nearly 5,000 SF. It is comprised of (2) 3BR/2BTH units, (5) 2 BR/1BTH units and a (1) 1BR/1BTH unit all with private patios and surrounding a community pool in a gated enclave. Off street parking for 12+ cars. Uses include apartment rentals, vacation rentals or converting it to a clean & sober living home, senior living community or a possible condo conversion. Current owners utilize this as a family compound. As such there are no actual rental or expense histories. Zoned R-2. Projected rents estimated at $12K+ per month. Units have modern, high end kitchens/bathroom, tile flooring throughout, high ceilings, dual pane windows, washer/dryer in every unit and individual gas/electric meters. There is one master water meter which services all units. This is a superior complex ready for your investment direction. Call listing agent for details.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 2 | $1,900 | - |
| 2+1 | 5 | $1,700 | - |
| 1+1 | 1 | $1,500 | - |
PROPERTY TAXES
| Parcel Number | 502-252-006 | Improvements Assessment | $2,522,970 |
| Land Assessment | $520,200 | Total Assessment | $3,043,170 |
PROPERTY TAXES
