1945 Calle Lileta
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!
1945 Calle Lileta
5 Unit Block of Flats £1,358,543 (£271,709/Unit) 3.60% Net Initial Yield Palm Springs, CA 92262
Investment Highlights
- Premium Location in Central Palm Springs
- Corner Lot with 2 parking spaces per unit
Executive Summary
Premium 5 unit building located in Central Palm Springs. Each unit remodeled in 2022/2023 with granite counter tops, dual pane windows, stainless steel appliances. Each unit is rented to long term tenants. Easy walking distance to shopping, restaurants.
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
£89,524
|
£20.42
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£89,524
|
£20.42
|
| Taxes |
-
|
-
|
| Operating Expenses |
£38,367
|
£8.75
|
| Total Expenses |
£38,367
|
£8.75
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | £89,524 |
| Annual Per SF | £20.42 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | £89,524 |
| Annual Per SF | £20.42 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | £38,367 |
| Annual Per SF | £8.75 |
| Total Expenses | |
|---|---|
| Annual | £38,367 |
| Annual Per SF | £8.75 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | £1,358,543 | Apartment Style | Low Rise |
| Price Per Unit | £271,709 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.30 AC |
| Net Initial Yield | 3.60% | Building Size | 4,385 SF |
| Sale Conditions | 1031 Exchange | Average Occupancy | 100% |
| Gross Rent Multiplier | 15 | Number of Floors | 1 |
| No. Units | 5 | Year Built/Renovated | 1990/2023 |
| Property Type | Residential | Parking Ratio | 2.28/1,000 SF |
| Property Subtype | Apartment |
| Price | £1,358,543 |
| Price Per Unit | £271,709 |
| Sale Type | Investment |
| Net Initial Yield | 3.60% |
| Sale Conditions | 1031 Exchange |
| Gross Rent Multiplier | 15 |
| No. Units | 5 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 4,385 SF |
| Average Occupancy | 100% |
| Number of Floors | 1 |
| Year Built/Renovated | 1990/2023 |
| Parking Ratio | 2.28/1,000 SF |
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Granite Countertops
- Refrigerator
- Oven
- Stainless Steel Appliances
- Views
- Carpet
- Yard
- Dining Room
- Garden
- Lawn
- Window Coverings
Site Amenities
- 24 Hour Access
- Courtyard
- Laundry Facilities
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+2 | 5 | - | 877 |
1 of 1
Walk Score ®
Very Walkable (77)
PROPERTY TAXES
| Parcel Number | 502-182-001 | Improvements Assessment | £457,058 (2023) |
| Land Assessment | £120,034 (2023) | Total Assessment | £577,092 (2023) |
PROPERTY TAXES
Parcel Number
502-182-001
Land Assessment
£120,034 (2023)
Improvements Assessment
£457,058 (2023)
Total Assessment
£577,092 (2023)
zoning
| Zoning Code | R2, Palm Springs |
| R2, Palm Springs |
1 of 14
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Jeannie Niles Real Estate Investment
1945 Calle Lileta
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.