27700 Avenida Terrazo, Cathedral City CA, 92234

Active

27700 Avenida Terrazo

Cathedral City CA, 92234

$1,800,000

Active

Residential

Built in 1983

Listed by Kurt Penn with Grossman Real Estate (773) 206-0302

Exceptional opportunity to acquire a 7 unit well maintained, multi-unit, rental property in a lovely residential neighborhood of single-family homes. Consisting of six 1 bedroom, 1 bath units and one 2 bedroom, 2 bath unit, all units have separate gas and electric meters enabling tenant paid utilities. There is also a common laundry room for the use of the tenants, which also generates additional income for the owner. This unique property, just off of Vista Chino is located close to all of the neighborhood amenities including shopping, entertainment and easy access to the freeway. A property of this type is a rarity in today's real estate market.

219113170DA

MLSⓇ ID

June 19, 2024

Listed

November 22, 2024

Updated

Map

27700 Avenida Terrazo
Cathedral City CA, 92234

Interior Features

Total Stories: 1
Appliances: Gas Range, Gas Water Heater, Refrigerator
Floor Description: Tile
Fireplace: No
Cooling: Yes
Cooling Description: Wall/Window Unit(s)
Heating: Yes
Heating Description: Forced Air

Exterior/Building Features

Lot Size: 0.43 Acres
Lot Features: Paved, Rectangular Lot
Architectual Style: Mediterranean
Roof: Tile

Other Property Details

Area Name: 335 - Cathedral City North
Taxes: $21,954
Tax Frequency: Annually
Days on Market: 153
Garage: No
Parking: Other, Shared Driveway, On Street
Parking Total: 0
View: No
County: Riverside
Pool: No

Listing Contact: (909) 608-7426

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/22/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 11/22/2024 at 6:32 PM UTC