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343 W Tramview Rd
Palm Springs, CA 92262 Desert Highland-Gateway Estates

$1,080,000 USD

Apartments For Sale  •  3,200 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,200 SF
  • Lot Size 0.18 AC
  • Building Class B
  • Year Built 1980
  • Cap Rate 4.08 %
  • Zoning R-1-D
21 Transit Score
6 Walk Score

Highlights

Great Investment Opportunity
Ideal For An Owner-User
Live In One Unit and Rent Out The Other 3

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $44,032 USD (2024)
Cap Rate: 4.08 %
Total Expenses: $24,062 USD

Amenities

  • Air Conditioning
  • Courtyard
  • Gated
  • Heating
  • Eat-in Kitchen
  • Refrigerator
  • Oven

Public Transportation

Commuter RailDriveWalkDistance
Palm Springs Amtrak (Sunset Limited - Amtrak, Texas Eagle - Amtrak) 6 min - 2.4 mi
AirportDriveWalkDistance
Palm Springs International 10 min - 5.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Surface
Included in Rent: Yes
Steve Sanchez 760-485-1033 Wilson Meade Commercial Real Estate
Steve Sanchez 760-485-1033 Wilson Meade Commercial Real Estate