Two-story Townhouse in the Palermo complex. In original condition with recent paint and new carpet upstairs. Unit has a private walled back-yard and the upper level has a large patio for indoor / outdoor living. The complex offers resort style living with two community pools and spas, a club house with a kitchen, billiards and a gym. Fee land (No Land Lease). Currently tenant occupied with a tenant paying a market rent of $2, 490 / month. Ideal for an investor looking to acquire an investment through a 1031 exchange. Listing agent is the property owner. Owner will consider carrying a 1st Trust Deed with a large down payment at a competitive rate and terms. Inside with an accepted offer. The back of the unit faces north and not into any other units in the complex.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 1
- 1/2 Bathrooms: 1
- 3/4 Bathrooms: 1
Other Rooms
- Primary Bedroom
- Exercise Room: Yes
Appliances
- Laundry Facilities: On Upper Level, Laundry Closet Stacked
- Laundry Features: On Upper Level, Laundry Closet Stacked
Heating and Cooling
- Cooling Features: Central
- Heating Features: Central
Interior Features
- Furnished Description: Unfurnished
- Flooring: Stained Concrete, Carpet
Pool and Spa
Garage and Parking
- Covered Spaces: 1
- Garage Spaces: 1
- Garage Description: Garage - 1 Car
- Covered Parking: Yes
Land Info
- Lot Size Acres: 0.0269054
- Lot Size Source: Assessor
- Lot Size Square Feet: 1172
Home Features
- View: Skyline
- Other Equipment: Built-Ins, Garbage Disposal, Dishwasher, Dryer, Washer
- Security Features: Automatic Gate, Community, 24 Hour, Card/Code Access
Amenities and Community Features
- Fitness Center
- Gated Community
- Pool
- Clubhouse
- Billiard Room
- Spa
Homeowners Association
- Association: Yes
- Association Fee: 532
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 532
- Pet Features: PetsPermitted
Multi-Unit Info
Condo Info
- Unit Floor In Building: 1
Other Property Info
- Source Listing Status: Active
- County: Riverside
- Cross Street: Indian Canyon Drive and San Rafael
- Directions: Enter Palermo Complex off Indian Canyon Drive
- Source Property Type: Residential
- Area: Palm Springs North End
- Property Subtype: condo
- Source Neighborhood: Palm Springs North End
- Parcel Number: 669-721-055
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1343
- Year Built: 2007
- Building Name: Palermo
- Common Walls: Attached
- Entry Level: 1
- Levels: Two Level
- Living Area Source: Assessor
- Property Age: 18
- Levels or Stories: 2
- Structure Type: Attached
- House Style: Architectural
- Year Built Source: Assessor
