243 Avenida Ortega

Palm Springs, CA 92264

$1,250,000
Price
4
Beds
4
Baths
2,780 Sq. Ft.
$450 / Sq. Ft.
2,780
Sq. Ft.
$450
per Sq. Ft.

Description

Attention, savvy investors and 1031 exchange enthusiasts! Welcome to 243 Avenida Ortega, a prime investment opportunity in the heart of South Palm Springs. This fourplex offers a rare chance to capitalize on the Palm Springs market while enjoying the beauty of the desert. Nestled against the backdrop of majestic mountains, this property boasts breathtaking mountain views that will leave you in awe. Each unit has been thoughtfully updated to provide a harmonious blend of comfort and style, making...Attention, savvy investors and 1031 exchange enthusiasts! Welcome to 243 Avenida Ortega, a prime investment opportunity in the heart of South Palm Springs. This fourplex offers a rare chance to capitalize on the Palm Springs market while enjoying the beauty of the desert. Nestled against the backdrop of majestic mountains, this property boasts breathtaking mountain views that will leave you in awe. Each unit has been thoughtfully updated to provide a harmonious blend of comfort and style, making it an attractive prospect for investors looking to generate rental income. The location couldn't be more ideal for investors seeking to diversify their portfolio or execute a 1031 exchange. You'll find yourself just moments away from Palm Springs' renowned dining, shopping, and entertainment options. Don't miss this golden opportunity to own a piece of Palm Springs paradise and achieve your investment goals. Contact us today to schedule a viewing and explore the potential this unique fourplex offers
  1. Listed by Kayla Toohey • DRE #02103671 • Coldwell Banker Realty
  2. Listed by James Bianco • DRE #01954998 • Coldwell Banker Realty

Property Details for 243 Avenida Ortega

Subdivision Name
Tahquitz River Estat
Carport Spaces
.00
Garage Spaces
.00
View
Mountain(s)
Cross Street
Avenida Olancha

Location

Listing Courtesy of Coldwell Banker Realty, Kayla Toohey, DRE #02103671; Coldwell Banker Realty, James Bianco, DRE #01954998
Add your commute
LISTING UPDATED: 04/18/2024 08:21 AM

Property Details for 243 Avenida Ortega

StatusActive
MLS #219109615
Days on Market25
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1952
Lot Size0.16 AC / 6,969 SF
CountyRiverside County

Location

Listing Courtesy of Coldwell Banker Realty, Kayla Toohey, DRE #02103671; Coldwell Banker Realty, James Bianco, DRE #01954998
Add your commute

Building Information for 243 Avenida Ortega

Stories2Residences-Year Built1952Building Size-Lot Size0.16 AC / 6,969 SF

Payment Calculator

$7,375 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,822

Property Taxes

$553

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 243 Avenida Ortega

Summary
Location and General Information
  • City: Palm Springs
  • Country: US
  • Directions: Take South Palm Canyon to Avenida Olancha then turn right onto Avenida Ortega
  • Levels: Two
  • Area: 334 - Palm Springs South End
  • MLSArea Minor: Tahquitz River Estates
  • Senior Community: No
  • Unparsed Address: 243 Avenida Ortega, Palm Springs, CA 92264
  • Walk Score: 0
Parking
  • Parking Features: Assigned, Total Uncovered/Assigned Spaces
Taxes and HOA Information
  • Association Fee: $.00
Virtual Tour
  • Videos Count: 0
Property
Lot Information
  • Lot Size Acres: .16
  • Lot Size Square Feet: 6,969.60
  • Lot Size Area: 6,970.00
  • Lot Size Source: Assessor
  • Property Type: Residential Income
Property and Assessments
  • Documents Count: 0
  • Exclusions: Patio Furniture and Sellers personal belongings in storage shed
Utilities
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes
  • Sewer: In Street Paid
Interior and Exterior Features
Exterior Features
  • Pool Private: No
  • Security Features: Card/Code Access
  • Spa: No
  • Stories Total: 2
Interior Features
  • Bathrooms Full: 4
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Total Bathrooms: 4
  • Fireplace: No
  • Flooring: Wood, Tile
  • Heating: Other
  • Heating: Yes
  • Living Area: 2,780.00
  • View: Yes
Multi Family
Multi-Family Information
  • Special Listing Conditions: Standard

Property History for 243 Avenida Ortega

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 243 Avenida Ortega

Taxable ValueLand$103,962Additions$323,331Total$427,293
Tax Record2023$6,631 ($553 / month)
Home Facts
Baths3.8Total Finished SqFt2,780 SqFtAbove Grade Finished SqFt2,780 SqFtStories2Lot Size7,405 SqFtStyleTriplexYear Built1952ZoningR3CountyRIVERSIDEAPN508-346-003Fireplace TypeHas Fireplace

Schools near 243 Avenida Ortega

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 - K to 12
Rating
School
Distance
Cahuilla Elementary School
PublicK to 5

Raymond Cree Middle School
Public6 to 8

Palm Springs High School
Public9 to 12

Desert Learning Academy
PublicK 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.

Similar Homes

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Similar Sold Homes

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243 Avenida Ortega is a multi-family home for sale in Palm Springs, CA 92264. This property was listed for sale on April 6, 2024 by Coldwell Banker Realty, it's currently listed at $1,250,000. It has been on the market for a total of 25 days and was last sold on August 8, 2013. This listing's school district is Palm Springs Unified School District. Nearby schools include Cahuilla Elementary School, Raymond Cree Middle School and Palm Springs High School. 243 Avenida Ortega is a 4-bed, 4-bath, 2,780 sqft multi-family home built in 1952.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty, Kayla Toohey, DRE #02103671; Coldwell Banker Realty, James Bianco, DRE #01954998

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.