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1945 E E. Calle Lileta

Palm Springs, CA 92262
  • $1,575,000
  • STATUS: Closed
  • ON SITE: 136 Days
  • MLS #: 219122100
Sold - 03/12/2025
$1,575,000
SOLD - 03/12/2025
  • 10
    BEDS
  • 0.3
    ACRES
  • 10
    BATHS
  • 0
    1/2 BATHS
  • 4,360
    SQFT
  • $361
    $/SQFT
Neighborhood:
Sunrise Park
Type:
Multi-Family
Built:
1991
County:
Riverside
Area:
332 - Palm Springs Central

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Description

This beautiful 1990's Spanish apartment building features 5 units, all 2-2. Two units are free standing. The building has 100% occupancy with high demand for rental units in this highly desirable area -Palm Springs neighborhood (Sunrise Park) just a short walk to the new College of the Desert, the Cultural Center (Camelot Theatre), restaurants including John Henry's, Ralphs, CVS, Eisenhower Urgent Care, and much more. The owners 'pride of ownership' shows by his remodeling and upgrading of every unit over the last several years, including granite counter tops in all kitchens, stainless steel appliances including refrigerators and built in microwaves, matching granite counters in all bathrooms. The buildings 1990's construction means lower maintenance costs for the owner and desirable features for tenants with dual pane windows, good insulation, 2 off-street parking places per unit, private patios and on-site laundry.

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©2025 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Malbec Realty. Based on information from the California Desert Association of Realtors as of 2025-05-21T17:35:42.477. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

Licensed in the State of California, USA
www.malbecrealty.com/homes/159182723
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1945 E E. Calle Lileta Palm Springs, CA 92262

  • Price: $1,595,000
  • Status: Closed
  • On Site: 136 Days
  • Updated: 40 min ago
  • MLS #: 219122100
10
Beds
10
Baths
0
½ Baths
0.3
Acres
4,360
SQFT
$361
$/SQFT
1991
Built
Neighborhood:
Sunrise Park
County:
Riverside
Area:
332 - Palm Springs Central
Property Description
This beautiful 1990's Spanish apartment building features 5 units, all 2-2. Two units are free standing. The building has 100% occupancy with high demand for rental units in this highly desirable area -Palm Springs neighborhood (Sunrise Park) just a short walk to the new College of the Desert, the Cultural Center (Camelot Theatre), restaurants including John Henry's, Ralphs, CVS, Eisenhower Urgent Care, and much more. The owners 'pride of ownership' shows by his remodeling and upgrading of every unit over the last several years, including granite counter tops in all kitchens, stainless steel appliances including refrigerators and built in microwaves, matching granite counters in all bathrooms. The buildings 1990's construction means lower maintenance costs for the owner and desirable features for tenants with dual pane windows, good insulation, 2 off-street parking places per unit, private patios and on-site laundry.
Exterior Features

Exterior Construction StuccoFrame Gated Community No Levels Ground LevelNo Unit AboveOne Parking Assigned Property Sub Type Apartment Total Carport Spaces 0.00 Total Covered Spaces 0.00 Total Parking Spaces 5.00 Total Uncovered Assigned Spaces 5.00 Unit Location Ground Floor View Yes View Type Mountain(s)

Interior Features

Cooling Type Air Conditioning Fireplace No Flooring CarpetCeramic Tile Heating Forced Air Rooms Living Room Total Fireplaces 1

Property Features

Ada Compliant No Elevator No Gross Operating Income Amount 111768.00 Land Type Fee Simple Listing Terms 1031 ExchangeCash to New LoanCashConventional Lot Description Level Monthly Gross Income Amount 9314.00 Net Operating Income Amount 60434.00 Operating Expenses Amount 47500.00 Owner Pays GardenerWaterTrash Collection Pool No Property Attached Detached Yes Property Condition Updated/Remodeled Rent Control Yes Sale Type Standard Security Safety Fire Alarm Senior Community No Sewer In Street Paid Spa Hot Tub No Tax Mello Roos No Tenant Pays Cable TVGasElectricity Total Annual Operating Expenses Amount 47500.00 Total Taxes Amount 20340.00 Tv Services Cable TV Water Heater Yes

Listing information © 2025 California Desert Association of Realtors.
Listing provided courtesy of Jeannie Mari Niles of Jeannie Niles Real Estate: (760) 360-4020.
©2025 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Malbec Realty. Based on information from the California Desert Association of Realtors as of 2025-05-21T17:35:42.477. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

Licensed in the State of California, USA
 
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