500 E Racquet Club Rd

Beds
Baths
3,150 Sq. Ft.
$221 / Sq. Ft.
3,150
Sq. Ft.
$221
per Sq. Ft.

Description

All you have to do is collect the rent. This five unit building has been completely renovated in the last three years. This includes a/c, plumbing, heating, double glazed windows, roof, exterior, interiors, rock wall, landscaping,sparkling pool . Mid-century modern architecture. Large 2bdr/1ba. Would make great owners unit. Do not walk the property or contact tennantsAll you have to do is collect the rent. This five unit building has been completely renovated in the last three years. This includes a/c, plumbing, heating, double glazed windows, roof, exterior, interiors, rock wall, landscaping,sparkling pool . Mid-century modern architecture. Large 2bdr/1ba. Would make great owners unit. Do not walk the property or contact tennants
  1. Listed by Carol Rae Meier • DRE #01336262 • Coldwell Banker Residential

Property Details for 500 East Racquet Club Road

View
Mountain(s), Panoramic, Pool
Parking Spaces Total
0
Private Pool
Yes
Cooling Type
Central Air, Electric
Total Units
5.0
Lot Size Source
See Remarks
Average Studio Area
0
Average 1 Bed Area
0
LISTING CLOSED: 10/08/2004 12:00 AM

Property Details for 500 East Racquet Club Road

StatusClosed
MLS #21186962DA
Days on Market67
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1958
Lot Size0.30 AC / 12,925 SF
CountyRiverside County

Location

Listing Courtesy of Coldwell Banker Residential, Carol Rae Meier, DRE #01336262

Sold By Coldwell Banker Residential, Frederick Mitchell, DRE #01277306

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Building Information for 500 East Racquet Club Road

Stories1Residences-Year Built1958Building Size-Lot Size0.30 AC / 12,925 SF

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Property Information for 500 East Racquet Club Road

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $45,780
  • Gross Spendable Income: $0
  • Gross Equity: $0
  • Vacancy Allowance: 2289
  • Vacancy Allowance Rate: 0
  • Net Operating Income: $36,975
  • Number Of Rented Garages: 0
  • Gross Multiplier: 0.0
  • Cap Rate: 6.0
  • Sold Cap Rate: 0.0
Expense Details
  • Operating Expense: $6,516
  • Operating Expense Percent: .00%
  • Gardener Expense: $1,140
  • Cable TV Expense: $0
  • Licenses Expense: $230
  • Pest Control Expense: $0
  • Pool Expense: $900
  • Furniture Replacement Expense: $0
  • Electric Expense: $840
  • Insurance Expense: $1,788
  • Maintenance Expense: $0
  • Maintenance Percent: .00%
  • Professional Management Expense: $0
  • Workmans Compensation Expense: $0
  • Other Expense: $0
  • Trash Expense: $1,008
  • Water Sewer Expense: $360
  • Supplies Expense: $0
Tax / Assessment Info
  • Tax Rate: 1.0
  • Tax Year: 0
  • Taxes Percent: .00%
Property / Structure Info
Interior Features
  • Appliances: Water Heater
  • Cooling: Central Air, Electric
  • Heating Type: Electric, Forced Air
  • Heating: Electric, Forced Air
Exterior Features
  • Construction Materials: Frame
  • Roof: Concrete, Stone
  • Pool Features: Heated
Land/Lot Info
  • Improvements Amount: $.00
  • Improvements Percent: .00%
  • Land Lease Amount: $0
  • Land Value: $.00
  • Land Value Percent: .00%
  • Levels: One
  • Utilities: Sewer Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Carport Spaces: 0
Property / Structure Info
  • Personal Property Amount: $.00
  • Personal Property Percent: .00%
Unit Information
Unit Information
  • Number Of Units Leased: 0
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 0
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0
  • Number With Dishwasher: 0
  • Number With Range: 5
  • Number With Refrigerator: 5
  • Number With Disposal: 5
  • Number With Patio: 3

Property History for 500 East Racquet Club Road

DateEvent & SourcePriceAppreciation
Oct 8, 2004

Sold

CRMLS #21186962DA

$696,000
Sep 13, 2004

Pending

CRMLS #21186962DA

Jul 9, 2004

Listed (Active)

CRMLS #21186962DA

$730,000
DateEvent & SourcePrice
10/08/2004

Sold

CRMLS #21186962DA

$696,000
09/13/2004

Pending

CRMLS #21186962DA

07/09/2004

Listed (Active)

CRMLS #21186962DA

$730,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 500 East Racquet Club Road

This home is within Palm Springs Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Katherine Finchy Elementary School
PublicK to 5

Raymond Cree Middle School
Public6 to 8

Palm Springs High School
Public9 to 12

Mt. San Jacinto High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Residential, Carol Rae Meier, DRE #01336262

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.