72795 Datil Way

Thousand Palms, CA 92276

$530,000
Last Sold Price
—
Beds
6
Baths
2,268 Sq. Ft.
$234 / Sq. Ft.
2,268
Sq. Ft.
$234
per Sq. Ft.

Description

Looking for the SAVVY investor with vision and ambitions!. This property is located on a PRIME area, nearby major retailers, Hotels, Shopping Malls, Gas Stations, 10 Fyw and Agua Caliente Resort & Casino. You CAN'T go wrong with this property. All units are FULLY occupied and producing awesome income with upside potential to produce even more. Population has been increasing in the last 5 years and that only means better income in the near future. If you are serious about investing in your retirement...Looking for the SAVVY investor with vision and ambitions!. This property is located on a PRIME area, nearby major retailers, Hotels, Shopping Malls, Gas Stations, 10 Fyw and Agua Caliente Resort & Casino. You CAN'T go wrong with this property. All units are FULLY occupied and producing awesome income with upside potential to produce even more. Population has been increasing in the last 5 years and that only means better income in the near future. If you are serious about investing in your retirement then, this is for you!. Property is currently used as a Multi-Family Residential Studio Units with long term tenants. Property Features; 6 Studio Units with fully functional kitchen including Fridge, Stove Microwave, full bathroom, and closet plus a service room. Each unit has its own A/C unit, Each unit is approximately 385 SqFt. living space plus there is a back yard where you can place a Shed for additional storage and income. Total of Three units have been recently updated and property is in TURN KEY Conditions. So, STOP looking and START investing in this AWESOME Income Property! See the supplements section for additional accurate information.
  1. Listed by MANLIO CEJA-GOMEZ • DRE #02023306 • Brokerage DRE #01970316 • KELLER WILLIAMS COVINA

Property Details for 72795 Datil Way

View
Mountain(s)
Parking Spaces Total
0
Private Pool
No
Total Units
6.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2268
Assessor Parcel Number
650-164-005

Location

Listing Courtesy of KELLER WILLIAMS COVINA, MANLIO CEJA-GOMEZ, DRE #02023306

Sold By Real Brokerage Technologies, Ethan Mezrahi, DRE #02088186

Add your commute
LISTING UPDATED: 08/10/2021 04:58 AM

Property Details for 72795 Datil Way

StatusClosed
MLS #CV21119998
Days on Market5
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1966
Lot Size0.17 AC / 7,405 SF
CountyRiverside County

Location

Listing Courtesy of KELLER WILLIAMS COVINA, MANLIO CEJA-GOMEZ, DRE #02023306

Sold By Real Brokerage Technologies, Ethan Mezrahi, DRE #02088186

Add your commute

Building Information for 72795 Datil Way

Stories1Residences-Year Built1966Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$3,482 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,892

Property Taxes

$590

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 72795 Datil Way

Rental Info
Rental Info
  • Tenant Pays: Cable TV
Income / Expense / Tax Details
Income Details
  • Gross Income: $56,736
  • Gross Scheduled Income: $56,736
  • Gross Operating Income: $56,736
  • Net Operating Income: $37,696
  • Number Of Rented Garages: 0
  • Gross Multiplier: 8.99
  • Cap Rate: 7.3
  • Current Financing: Conventional
  • Financing: Conventional
Expense Details
  • Operating Expense: $19,040
  • New Taxes Expense: $5,120
  • Fuel Expense: $4,500
  • Electric Expense: $3,900
  • Insurance Expense: $840
  • Professional Management Expense: $0
  • Trash Expense: $1,020
  • Water Sewer Expense: $3,660
  • Total Expenses: $19,040
Tax / Assessment Info
  • Tax Tract Number: 61182
  • Tax Census Tract: 445.05
  • Tax Lot: 10
Community / Development
Community / Development
  • Accessibility Features: No Interior Steps, Parking
  • Disability Access: No Interior Steps, Other Main Level Modifications
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Biking, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Gas Range, Microwave, Refrigerator
  • Equipment: Microwave, None, Refrigerator
  • Room Type: See Remarks
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: None
  • Heating: None
  • Flooring: Tile
Exterior Features
  • Roof: Composition, Shingle
  • Fence: Yes
  • Fence: Chain Link
  • Fencing: Brick, Chain Link, Good Condition
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: Near Public Transit
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Maintained, Paved
  • Road Frontage Type: City Street
  • Levels: One
  • Sewer: Septic Type Unknown
  • Utilities: Electricity Available, Natural Gas Not Available, Propane, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Thousand Palms
  • Builders Tract Code: Thousand Palms (32004)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Partially
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $701
  • Unit Type Total Rent: $701
  • Unit Type Pro Forma: 900
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Partially
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $738
  • Unit Type Total Rent: $738
  • Unit Type Pro Forma: 900
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Partially
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $739
  • Unit Type Total Rent: $739
  • Unit Type Pro Forma: 900
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Partially
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $850
  • Unit Type Total Rent: $850
  • Unit Type Pro Forma: 900
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Partially
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $850
  • Unit Type Total Rent: $850
  • Unit Type Pro Forma: 900
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Partially
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $850
  • Unit Type Total Rent: $850
  • Unit Type Pro Forma: 900
  • Unit Type Type: 6
Unit Information
  • Number Of Units Leased: 6
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number With Range: 6
  • Number With Refrigerator: 6
  • Number Wall AC: 6

Property History for 72795 Datil Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 72795 Datil Way

Taxable ValueLand$134,640Additions$405,960Total$540,600
Tax Record2023$7,082 ($590 / month)
Home Facts
Total Finished SqFt2,268 SqFtAbove Grade Finished SqFt2,268 SqFtStories1Lot Size7,405 SqFtStyleMulti-Family Res (5+ Units)Year Built1966ZoningR2ACountyRIVERSIDEAPN650-164-005

Schools near 72795 Datil Way

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
Charter - K to 8
Rating
School
Distance
Della S. Lindley Elementary School
PublicK to 5

Nellie N. Coffman Middle School
Public6 to 8

Rancho Mirage High
Public9 to 12

Father's Heart Charter
CharterK to 8

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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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 KELLER WILLIAMS COVINA, MANLIO CEJA-GOMEZ, DRE #02023306

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.