Description

Address: 476 E Chuckwalla Rd
City: Palm Springs
State/county: California
Zip/Postal Code: 92262
Country: United States

PROPERTY HIGHLIGHTS

INVESTMENT HIGHLIGHTS

Unit Mix Consists of:
- (1) 2 Bed/1 Bath Unit
- (2) 1 Bed/1 Bath Units
- (3) Large Studio Apartments
Desirable Single-Story Construction
Tenants Enjoy Onsite Open-Space Parking and an Onsite Laundry Facility
Courtyard-Style Property with Xeriscape Landscaping
Property Offers Central A/C and Heat as Well as Private Backyards for Each Unit
20%+ Upside in Rental Income!

TAP TO GIVE ME A CALL

We are pleased to present 476 E. Chuckwalla Road in the highly sought after city of Palm Springs. The property offers a unique unit mix ranging from (1) 2 Bedroom, (2) 1 Bedroom, and (3) Studio Units. The lot contains a desirable single-story constructed building with an elegant courtyard common area with xeriscape landscaping. Each unit also offers a private backyard for the tenants as well as plenty of onsite parking in the front of the lot. Tenants enjoy a coin-operated onsite laundry facility as well as central heating and A/C. Units have been upgraded with newer flooring, kitchens, and bathrooms. The demand for rentals in Palm Springs has outpaced supply over the years and this contributes to a growing rental market and rental rate. An investor will enjoy a solid current cash flow upon the successful close of escrow and an opportunity for significant upside.