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SOLD 11/4/2022

41651 Adams Street, Bermuda Dunes, CA 92203$875,000

6
beds
6
baths
3302
ft2
· 13068
ft2 lot
$303 / ft2

Listing provided courtesy of Listing Broker: David Yun, Compass
Source CRMLS;
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Unique opportunity to own an excellent, turn-key investment property. This single-level complex is comprised of three 2 bed / 2 bath units. Each unit has an open floor plan, a private courtyard, backyard, and private 2-car garage. The units are all well-maintained. Each unit is separately metered for electricity and gas. All units are occupied. Located in the heart of Bermuda Dunes, in close proximity to Indio, La Quinta, and Palm Desert. Property Details: 3 2 bed, 2 bath units. Unit A - $1,450 / Unit B - $1,620 / Unit C - Vacant. GOI - $60,840 / Exp - $15,000 / NOI - $45,840 / CAP - 4.58%

HOA

No HOA

On market

2 months

Year built

2004

Property type

Multi-Family

Parking

6

MLS

22189613

Price / Sq.Ft.

$303 / ft2

Status

Closed

Buyer’s Brokerage Commission

2.5%

Home details for 41651 Adams Street

Interior Features & Layout
Appliances
•   
Appliances: Dishwasher, Microwave, Refrigerator
•   
Has Appliances
Heating & Cooling
•   
Has Heating
•   
Heating Details: Forced Air, Natural Gas
•   
Cooling Details: Central Air
Interior Size
•   
Building Area Total: 3302.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Garage - Two Door, Private
•   
Garage Spaces: 6.00
Building Info
•   
Zoning: R-2-4000
•   
Stories Total: 1
Community Info
•   
Number Of Buildings: 1
•   
Total Units: 3
Lot Info
•   
Lot Size Acres: 0.3000
•   
Lot Size Area: 13068.0000
•   
Lot Size Units: Square Feet
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 60840.00
•   
Vacancy Allowance Rate: 0.00
•   
Cap Rate: 4.58
•   
Total Expenses: 15000.00
•   
Gross Multiplier: 16.43
Tax/Assessment Info
•   
Gross Income: 60840.00
Lease Info
•   
Net Operating Income: 45840.00
Listing Info
•   
Status: Closed
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 2
•   
Unit 3 Actual Rent: 0.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Bathrooms: 2
•   
Unit 3 Total Rent: 0.00
Unit 2 Information
•   
Unit 2 Actual Rent: 1620.00
•   
Unit 2 Bedrooms: 2
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 2
•   
Unit 2 Total Rent: 1620.00
Unit 1 Information
•   
Unit 1 Bedrooms: 2
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Bathrooms: 2
•   
Unit 1 Actual Rent: 1450.00
•   
Unit 1 Total Rent: 1450.00
Multi Unit Information
•   
# Of Units: 3
School Neighborhood & Directions
School Info
•   
Directions: North of Ave. 42
Other
Calculation
•   
Dom: 48

Neighborhood snapshot

89
Properties for sale
28
Median days on market
$240.73
Median sold price/sqft
101.08%
Sold/List %
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Property History for 41651 Adams Street

11/04/2022
11/04/2022
CRMLS #22189613
sold
CRMLS #22189613
$875,000
--12.50%
08/27/2022
08/27/2022
CRMLS #22189613
active
CRMLS #22189613
$999,988

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