Cathedral City, CA 92234,37187 Bankside DR
Cathedral City, CA 92234,37187 Bankside DR
Cathedral City, CA 92234,37187 Bankside DR
12
$605,000
$615,000
1.6%
Est.Price: ?

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0.25 Acres Lot

37187 Bankside DR Cathedral City, CA 92234

Est. payment /mo
SOLD DATE : 12/24/2019

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Lawrence Joseph Cech, CNE

Lawrence Joseph Cech, CNE

+1(215) 519-8300

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $605,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Cathedral City Cove

MLS Listing ID 219022893DA

Sold Date 12/24/19

HOA Y/N No

Year Built 1970

Annual Tax Amount $6,858

Tax Year 2018

Lot Size 0.252 Acres

Property Description

A Great find. Four-plex of all 2BR/2BA units (approx. 800sf ea) in South Cathedral City, produces a steady stream of income. Current rents are $875/per unit. Upside potential of $925-$950/m. Each home has 2 parking spaces, a courtyard entrance (think private compound) for all units and a laundry room for all residence use (coin operated). The owner has continued to make improvements in recent years, replacing carpets and tile, connected to sewer and installing new heat pumps on the roof as needed. Replaced the roof 5 years ago approx. Property location is a desirable South Cathedral City Cove. Backing to the Santa Rosa Mountain Range provides views and privacy.

Location

State CA

County Riverside

Area 336 - Cathedral City South

Interior

Heating Electric, Forced Air, Heat Pump

Cooling Heat Pump

Flooring Carpet, Tile

Fireplace No

Appliance Electric Water Heater, Water Heater

Exterior

Garage Driveway

View Y/N Yes

View Mountain(s)

Total Parking Spaces 8

Private Pool No

Building

Story 1

Entry Level One

Foundation Slab

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 687102001

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by RoseAnne Foxx • Bennion Deville Homes
Bought with Tomer Tzadok • Regional Real Estate

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Lawrence Joseph Cech, CNE

Agent | License ID: 2212873

+1(215) 519-8300

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