343 W Tramview Road
Palm Springs, CA 92262
- 2 beds
- – baths
- 3,200 sqft
- 7,405 sqft lot
- $290 per sqft
- 1965 build
- – on site
OWNER WILL CARRY!!! This fine 4Plex is located just off Highway 111, and just five minutes from downtown Palm Springs including tenant convenience shopping! These are really nice units that have been fixed up inside and out. SELLER WILL PROVIDE FINANCING WITH ONLY $250,000 DOWN!!! Seller is motivated to sell and therefore has given a major price reduction of $150,000!! Please note that after this price reduction, THIS IS BY FAR THE BEST PRICED PALM SPRINGS 4PLEX OFFERING IN SEVERAL YEARS!!! These units consists of four 2 bedroom 1 bath apartments. Units include upgraded interiors and kitchen appliances. Units have separate gas and electric meters that that tenants sign up and pay for. All units have air conditioning. Seller pays water and trash. These units really perform and at market rents are putting out $95,760 annual gross income, a 9.71 Gross Rent Multiplier, a 8.92% Cap Rate, and a robust 17.37% Cash on Cash Return. For rent roll and income/expense details, PLEASE SEE SUPPLEMENTS attached. Buyer/Buyer's agent to provide all their required disclosures, and provide and pay for all TC services for Buyer and Seller including all documents including through DocuSign.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Apr 14, 2025
•
MLS# CRSW25057294 —
This property is listed in more than one place. See it here.
The Building
-
Year Built:1965
-
Building Area Units:Square Feet
-
Building Area Total:3200
Room Dimensions
-
Living Area:3200
-
Living Area Units:Square Feet
Location
-
Directions:Hwy 111 to Tramview
The Property
-
Property Type:Residential Income
-
Property Subtype:Quadruplex
-
Exterior Features:Other
-
Parcel Number:669401003
-
Zoning:RGA
-
Lot Size Area:0.17
-
Lot Size Acres:0.17
-
Lot Size SqFt:7405
-
Lot Size Units:Acres
Listing Agent
- Contact info:
- No listing contact info available
Taxes
-
Tax Tract:446.05
Beds
-
Bedrooms Total:2
The Listing
-
Listing Terms:Cash
Heating & Cooling
-
Heating:None
-
Heating:false
Appliances
-
Laundry Features:Inside
The Community
-
Association:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/15/25
Mar 15, 2025
|
Listed / Active | BRIDGE | $930,000 | |
|
11/25/24
Nov 25, 2024
|
Listed / Active | CRMLS_CA |
