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Indio, CA 92201

Commercial
$1,600,000 Active

Overview

Time on Site:
1390 days
Visits:
0

. Well established building with many long term tenants. Front units are modified gross. Almost fully rented. Many improvements to building in last year. New roof, several new A/C units, new flooring in several units and all trim painted. Security cameras installed and gates upstairs. Large parking lot in back of building. Extra lot 60x 100, adjacent to it, included, which is zoned commercial as well.

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Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Insurance Expense: 33000.0
  • Maintenance Expense: 10000.0
  • Net Operating Income: 144000.0

Building Information

  • Building Name: Granada Building

Business Information

  • Business Type: Multi-Tenant,Professional/Office

Location/Region

  • County Or Parish: Riverside
  • MLS Area Major: 699 - Not Defined
  • Postal City: INDIO

Tax Information

  • Tax Year: 2018

General Information

  • Listing Terms: Conventional,Owner Will Carry,Owner May Carry
  • Parcel Number: 616100012
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Special Listing Conditions: Standard
  • Zoning: C-O

Interior

General Information

  • Stories Total: 2

Exterior

Lot Information

  • Lot Features: Sprinklers Timer,Sprinkler System
  • Lot Size Area: 36590.0
  • Lot Size Square Feet: 36590.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1

Building Exterior/Construction

  • Roof: Clay,Tile

General Information

  • Utilities: Underground Utilities

Neighborhood

Indio

Indio, "The City of Festivals," is the municipal anchor for the Eastern Coachella Valley cities and is one of the oldest cities in the Coachella Valley, starting as a railroad town and growing to become an agricultural hub and major destination for some of the most notable festivals in the world.

About Indio

Community

92201 (INDIO) Demographics

38
Median Age
2,868
Population Density (per sq. mile)
18%
College Educated
$44,215
Estimated Median Income
16,390
Estimated Total Home Owners
8,403
Estimated Total Renters
66% / 34%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Market Data

Based on the last 30 days in this zip code

$551,210
Average List Price
$375
Average Price per Square Foot
76
Properties Sold
110
Average Days on Market
834
Properties for Sale
Calculations provided by Reliance Network

History

Date Event Value Agent
9/8/2022Source: CRMLS Added to Database
September 08, 2022
Listing provided courtesy of Orangehill RealtyDale Furman- MLS# 219033051PSMLS ProviderContact Information: (909) 307-1008
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