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520 S Desert View Dr

5 Unit Apartment Building $2,090,768 CAD ($418,154 CAD/Unit) 4.99% Cap Rate Palm Springs, CA 92264

Executive Summary

CBRE is pleased to present The Dots Apartments, a 5-unit community in Palm Springs, CA. The Dots Apartments offer (5) 2 Bedroom | 1 Bathroom Units with private patios/backyards and a total building size of ± 3,765 square feet. Units are separately metered for electricity and gas. The Dots Apartments is located just two minutes away from the Palms Springs International Airport.

Property Facts

Price $2,090,768 CAD
Price Per Unit $418,154 CAD
Sale Type Investment
Cap Rate 4.99%
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.23 AC
Building Size 3,765 SF
Average Occupancy 100%
No. Stories 1
Year Built 1963
Parking Ratio 1.59/1,000 SF

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Washer/Dryer
  • Yard
  • Patio
  • Vinyl Flooring

Site Amenities

  • 24 Hour Access

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 5 - 753

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
680-032-002
Land Assessment
$219,214 CAD
Improvements Assessment
$789,172 CAD
Total Assessment
$1,008,386 CAD

zoning

Zoning Code R2
R2
  • Listing ID: 33038598

  • Date on Market: 2024-09-03

  • Last Updated:

  • Address: 520 S Desert View Dr, Palm Springs, CA 92264

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