Tramview Road Fourplex Palm Springs | 343 W Tramview Rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Tramview Road Fourplex Palm Springs 343 W Tramview Rd
4 Unit Apartment Building $1,080,000 ($270,000/Unit) 4.08% Cap Rate Palm Springs, CA 92262
Investment Highlights
- Great Investment Opportunity
- Live In One Unit and Rent Out The Other 3
- Ideal For An Owner-User
Executive Summary
Apartment homes include washer hookups, gas stove, refrigerator and mini-split AC/Heat units. Resident pays for electric, gas, Internet. Rent includes water, sewer, trash and landscape maintenance.
• Secured Entry
• Off Street Parking
• Secured Entry
• Off Street Parking
Financial Summary (Pro forma - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$70,200
|
$21.94
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$2,106
|
$0.66
|
| Effective Gross Income |
$68,094
|
$21.28
|
| Taxes |
$14,177
|
$4.43
|
| Operating Expenses |
$9,885
|
$3.09
|
| Total Expenses |
$24,062
|
$7.52
|
| Net Operating Income |
$44,032
|
$13.76
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $70,200 |
| Annual Per SF | $21.94 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $2,106 |
| Annual Per SF | $0.66 |
| Effective Gross Income | |
|---|---|
| Annual | $68,094 |
| Annual Per SF | $21.28 |
| Taxes | |
|---|---|
| Annual | $14,177 |
| Annual Per SF | $4.43 |
| Operating Expenses | |
|---|---|
| Annual | $9,885 |
| Annual Per SF | $3.09 |
| Total Expenses | |
|---|---|
| Annual | $24,062 |
| Annual Per SF | $7.52 |
| Net Operating Income | |
|---|---|
| Annual | $44,032 |
| Annual Per SF | $13.76 |
Property Facts
Unit Amenities
- Air Conditioning
- Heating
- Eat-in Kitchen
- Refrigerator
- Oven
Site Amenities
- Courtyard
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $1,475 | 800 |
1 of 1
PROPERTY TAXES
| Parcel Number | 669-401-003 | Total Assessment | $734,400 (2023) |
| Land Assessment | $183,600 (2023) | Annual Taxes | $14,177 ($4.43/SF) |
| Improvements Assessment | $550,800 (2023) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
669-401-003
Land Assessment
$183,600 (2023)
Improvements Assessment
$550,800 (2023)
Total Assessment
$734,400 (2023)
Annual Taxes
$14,177 ($4.43/SF)
Tax Year
2024
zoning
| Zoning Code | R-1-D (R-1-D) |
| R-1-D (R-1-D) |
1 of 22
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Tramview Road Fourplex Palm Springs | 343 W Tramview Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.