420 N VILLA Court 207, Palm Springs, CA 92262

About this condo

Great investment opportunity for a 1031 Exchange and to add to your net worth. The condo is currently being leased and is achieving a 7.40% CAP rate. It can also be great for a 2nd or 3rd home. Just off the 111 and minutes from the I-10 Freeway providing easy travels from Los Angeles, San Diego, and other coastal areas. The property is minutes from downtown, Desert Regional Medical Center, Spa Casino, shopping, restaurants etc. You own the land.

Listing description from the April 2019 sale, as reported to CRMLS.

Sale history

$100,000

Sold April 2019 · listed $110,000, on market February 2019 · MLS #19436450 · Source: CRMLS

Listing Agent: Richie Delao · Listing Office: Sotheby's International Realty · Contact: 310-724-7000 · Bought with: Frank Kashou · TM Real Estate Brokers

$76,000

Sold June 2016 · listed $79,999, orig. $89,950, on market April 2015 · MLS #15899229PS · Source: CRMLS

Listing Agent: Michael Romberg · Listing Office: Coldwell Banker Realty · Contact: (760) 325-4500 · Bought with: James Bianco · Gilbert Avriette

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