CA > Palm Springs > Desert Highland Gateway
Palm Springs, CA 92262,343 W Tramview RD
Palm Springs, CA 92262,343 W Tramview RD
Palm Springs, CA 92262,343 W Tramview RD
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Wed
6
Aug
Thu
7
Aug
Fri
8
Aug
Kirshner Elkin Properties

Kirshner Elkin Properties

+1(424) 214-0133
$899,000
Est. payment /mo
2 Beds
1 Bath
3,200 SqFt
Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,200 sqft

Price per Sqft $280

Subdivision Desert Highland Gateway

MLS Listing ID SW25057294MR

Bedrooms 2

Year Built 1965

Lot Size 7,405 Sqft

Property Sub-Type Multi-Family

Property Description

THIS IS A SMOKING DEAL!!! CHECK OUT LATEST PALM SPRING SALE COMPS ATTACHED IN SUPPLEMENTS. PRICES RANGE FROM $1,035,000 TO $1,579,000! AND WE ARE ASKING $899,000!!! This fine 4Plex is located just off Highway 111, and just five minutes from downtown Palm Springs including tenant convenience shopping! These are really nice units that have been fixed up inside and out. SELLER WILL PROVIDE FINANCING WITH ONLY $250,000 DOWN!!! THIS IS BY FAR THE BEST PRICED PALM SPRINGS 4PLEX OFFERING IN SEVERAL YEARS!!! These units consists of four 2 bedroom 1 bath apartments. Units include upgraded interiors and kitchen appliances. All units have laundry hook ups! Units have separate gas and electric meters that that tenants sign up and pay for. All units have air conditioning. Seller pays water and trash. These units really perform and at market rents are putting out $95,760 annual gross income, a 9.39 Gross Rent Multiplier, a 9.31% Cap Rate, and a robust 19.31% Cash on Cash Return. Check out FOUR NEARBY RENT COMPS AT $1,995 MONTHLY in Supplements attached!! For rent roll and income/expense details, PLEASE SEE SUPPLEMENTS attached.

Location

State CA

County Riverside

Area Palm Springs North End

Zoning RGA

Interior

Heating None

Laundry Inside

Exterior

Pool None

Community Features Gutters

Building

Story 1

Sewer Public Sewer

Water Public

Others

Special Listing Condition Standard

Read Less Info
TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Burton Commercial, Inc.

GET MORE INFORMATION

Name

Phone*

Message

I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Kirshner Elkin Properties, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.
Kirshner Elkin Properties

+1(424) 214-0133

hello@kirshnerelkinproperties.com

original_355e300d-2f46-42e1-9f79-a73b0ca9d5fb