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$ 797,500
Est. payment | /mo
2 Beds
1 Bath
6,969 Sqft Lot
$ 797,500
Est. payment | /mo
2 Beds
1 Bath
6,969 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV26240480
Bedrooms 2
Lot Size 6,969 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
45352 Park Street, a four-unit multifamily investment opportunity in the heart of Indio, California. Constructed in 1958 and situated on a combined 6,969-square-foot lot, the offering consists of four identical two-bedroom, one-bathroom floor plans of approximately 700 square feet, single-story throughout. The buildings are single-story and pitched-roof construction. Each unit is individually metered for both gas and electricity and served by its own individual water heater. All windows throughout both buildings have been replaced, and all units have tile flooring. Select units have already been remodeled and majority have in-unit laundry hook-ups. Parking consists of carports and half the units have private patios. Indio is the largest and fastest-growing city in the Coachella Valley and eastern Riverside County, with a population of approximately 93,000 to 95,000 year-round residents and an additional seasonal population of roughly 30,000 during the winter months. Indio ranks as the No. 3 fastest-growing city in Southern California, the No.8 fastest-growing city in California, and the No. 30 fastest-growing city in the United States growth metrics that place it in rare company among established Southern California municipalities. Known nationally as the "City of Festivals," Indio hosts the Coachella Valley Music and Arts Festival and the Stagecoach Country Music Festival at the Empire Polo Club, drawing hundreds of thousands of attendees annually and generating one of the largest event-driven economic impacts of any city in California. Indio is ranked the No. 1 city in A
Location
State CA
County Riverside
Zoning Public Rec
Direction Cross Street is Bliss Avenue
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 611182002
Listed by David Covarrubias • MARCUS & MILLICHAP
Co-listed byDouglas McCauley • MARCUS & MILLICHAP
Co-listed byDouglas McCauley • MARCUS & MILLICHAP
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