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28670 Landau BLVD Cathedral City, CA 92234
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Key Details
Sold Price $760,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW22172125
Sold Date 11/02/22
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1998
Lot Size 8,276 Sqft
Property Sub-Type Duplex
Property Description
Great Investor Opportunity: CAP RATE 5+ The Annual Income is $65,100 Total monthly rents $5425.00 GRM 12.3 / Low Operating Expenses Profitable NOI: Duplex 6 bedrooms 4 full bathrooms 2 single car garages & 2 carports, with 4 additional driveway parking spots. Renovated and updated July 2022, 100% occupied with new 12-month leases as of August 2022. The renovation includes: Flooring throughout, new paint, Stainless-Steel Appliances, ceiling fans in the living room and in all 6 Bedrooms, 4 full Bathrooms w Dual Shower heads, new vanities, LED lighting inside and out, Private Washer & Dryer included in your garage. Special Features: Enclosed 8.5' X 10' indoor/outdoor patio - works well as a den and includes a high-top table with 6 stools, ceiling fan, lighting, TV -Monitor for gaming and entertainment. Spacious 15X30 private backyard, maintenance-free turf, play area, new landscaping, umbrella-shaded patio furniture set, and a BBQ/ Grill. All Outdoor Furniture Conveys. The entire property has additional lighting enhancing the tall palm trees and property features while providing extra security.
Great location, easy access to all major roads and highways throughout the Coachella Valley, and strong employment opportunities. The neighborhood includes beautiful parks, schools, shopping, entertainment centers, a nearby casino, and golf courses.
Location
State CA
County Riverside
Area 335 - Cathedral City North
Interior
Interior Features Ceiling Fan(s), High Ceilings, Recessed Lighting, All Bedrooms Down
Heating Central
Cooling Central Air
Flooring Laminate
Fireplaces Type None
Fireplace No
Appliance Barbecue, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Range Hood, Self Cleaning Oven, Water Heater
Laundry In Garage
Exterior
Exterior Feature Barbecue, Lighting
Parking Features Attached Carport, Assigned, Concrete, Carport, Door-Single, Driveway, Garage, Garage Door Opener
Garage Spaces 2.0
Carport Spaces 2
Garage Description 2.0
Fence Block, Wood
Pool None
Community Features Biking, Curbs, Dog Park, Foothills, Golf, Hiking, Street Lights, Sidewalks, Park
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Connected
View Y/N Yes
View City Lights, Mountain(s), Neighborhood
Roof Type Asphalt,Spanish Tile
Accessibility Safe Emergency Egress from Home, No Stairs
Total Parking Spaces 8
Private Pool No
Building
Lot Description Back Yard, Drip Irrigation/Bubblers, Front Yard, Sprinklers In Front, Lawn, Near Park, Sprinklers Timer
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories One
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 675111042
Security Features Carbon Monoxide Detector(s),Fire Detection System,Smoke Detector(s),Security Lights
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, Fannie Mae, Freddie Mac, Government Loan, VA Loan, VA No Loan, VA No No Loan
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, Fannie Mae, Freddie Mac, Government Loan, VA Loan, VA No Loan, VA No No Loan
Financing Cash
Special Listing Condition Standard
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