The Dots Apartments was completely renovated and is in excellent condition offering the new owner a turnkey, low-maintenance asset with immediate cash flow. The properties highly desirable unit mix consist of all two-bedroom one-bathroom units with private patios/backyards. Tenants enjoy open floor plans, large double-pane windows, and high-quality vinyl plank flooring. Each unit includes a stacked washer and dryer. Units are separately metered for electricity and gas. There are over 10% upside rents through annual rent increases. The Dots Apartments displays a sought after, modern atmosphere and consists of one single story building constructed of wood frame, stucco exteriors, and concrete slab foundation atop of .23 acres of land. The exterior has been enhanced with new paint, new windows, new landscaping, new lighting, and new asphalt. Additionally, the prime location provides easy access to Palm Springs' renowned dining, entertainment, and cultural hotspots.
MLS# | CV25050079 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1963 |
Days On Site | 49 |
Listing Provided By | PAEZ REALTY COMPANY 909-476-3552 | William Melton |
SQ Feet | 10,019 |
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Pool | Yes |
Story(s) | 1 |
Units | 5 |
Building(s) | 2 |
Zoning | R2 |
Acreage | 0.23 |
State | CA |
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County | Riverside |
City | Palm Springs |
Zip Code | 92264 |
Area | 334 South End Palm Springs |
Community Name | Demuth Park (33443) |
Listing VS Median (in Demuth Park (33443)) | |
Price: $1,350,000 low | high Med: $874,000 SqFt: 10,019 low | high Med: 1,782 $ / SqFt: $135 low | high Med: $505 On site: 49 low | high Med: 126.500000 |