Active

27700 Avenida Terrazo

Cathedral City CA, 92234

$1,800,000


$371.13 per sqft

Active

8 Beds

9 Baths

4,850 sqft

Multi-family

Built in 1983

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 6, 2024

Updated

Map

27700 Avenida Terrazo
Cathedral City CA, 92234

Interior Features

Total Stories

1


Bedrooms

8


Total Bathrooms

9


Full Bathrooms

9


Appliances

Range/Oven, Refrigerator


Laundry Description

Community


Floor Description

Ceramic Tile


Fireplace

No


Cooling

Yes


Cooling Description

Air Conditioning, Other, Wall/Window


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.43 Acres


Lot Features

Lot Shape-Rectangular, Sidewalks, Street Paved, Street Public


Architectual Style

Mediterranean


Roof

Tile


Sewer

In Connected and Paid

Other Property Details

Area Name

Cathedral City North


Taxes

$22,000


Tax Frequency

Annually


Days on Market

139


Garage

No


Parking

On street, Other, Shared Driveway


Parking Total

0


View

No


County

Riverside


Water Source

Water District


Pool

No

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

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Chase Owens | CA DRE# 02019767 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 11/6/2024

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