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71956 Magnesia Falls Dr, Rancho Mirage, CA 92270
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71956 Magnesia Falls Dr Rancho Mirage, CA 92270

$1,797,000
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
For Sale
$1,797,000 Get Pre-Qualified
Map preview of 71956 Magnesia Falls Dr, Rancho Mirage, CA 92270

Property Overview: 71956 Magnesia Falls Dr Rancho Mirage, CA has -- bedrooms, -- bathrooms, -- living square feet and 23,087 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to an exceptional investment prospect that promises both location and versatility. Nestled in the bustling heart of Rancho Mirage, this remarkable property on Magnesia Falls holds immense potential. Strategically positioned just moments away from the dynamic retail thoroughfare, Hwy. 111, and directly across from The River, CVS, and the iconic In-N-Out restaurant, this building offers an extraordinary opportunity for discerning investors. Key Features: Strategic Location: Situated on Magnesia Falls, this property benefits from its proximity to the bustling retail hub of Hwy. 111. Endless Possibilities: Currently operating as an eye care center, this building opens doors to a world of possibilities. Seamlessly transition into a medical or professional office, or explore the potential of dividing it into two distinct units. The layout offers versatility tailored to your vision. Adequate Parking: With approximately 20 convenient onsite parking spaces, your clients and customers will always find parking a breeze. Additionally, street parking in close proximity further enhances accessibility. Don't miss out on this rare chance to acquire a strategic property that blends prime location with endless potential. Contact us today to explore how this building can become your next visionary venture in Rancho Mirage's thriving landscape. Act swiftly to secure a future filled with possibilities!

Listed by George Edwards | BRE #01775764 | Castle Realty Group, Inc.
Last checked: 14 minutes ago | Last updated: April 30th, 2024 | Source CRMLS | DOM: 70
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Home details

Lot Sq. Ft
23,087
HOA Dues
$0/mo
Year built
1776
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
219108005DA
City
Rancho Mirage
County
Riverside
Time on Site
74 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 71956 Magnesia Falls Dr

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Property Details for 71956 Magnesia Falls Dr

Interior Features
Cooling Information
  • No Cooling
Heating Information
  • Has Heating
Lot Details / Garage and Parking
Property Information
  • Parcel Number: 684423002
Location / Neighborhood
Location Information
  • Directions: Highway 111 to 71956 Magnesia Falls
View more facts & features

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Sale History for 71956 Magnesia Falls Dr

Last sold for $1,464,000 on July 1st, 2019

  • March, 2024

  • Mar 6, 2024

    Date

    Active

    CRMLS: 219108005DA

    $1,799,000

    Price

  • March, 2024

  • Mar 1, 2024

    Date

    Expired

    CRMLS: 219106296DA

    $1,799,000

    Price

  • Feb 2, 2024

    Date

    Active

    CRMLS: 219106296DA

    $1,799,000

    Price

  • Listing provided courtesy of CRMLS

  • January, 2024

  • Jan 31, 2024

    Date

    Expired

    CRMLS: 219103525DA

    $1,798,000

    Price

  • Nov 30, 2023

    Date

    Active

    CRMLS: 219103525DA

    $1,799,000

    Price

  • Listing provided courtesy of CRMLS

  • November, 2023

  • Nov 27, 2023

    Date

    Expired

    CRMLS: 219097043DA

    $1,798,000

    Price

  • Jul 3, 2023

    Date

    Active

    CRMLS: 219097043DA

    $1,800,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to an exceptional investment prospect that promises both location and versatility. Nestled in the bustling heart of Rancho Mirage, this remarkable property on Magnesia Falls holds immense potential. Strategically positioned just moments away from the dynamic retail thoroughfare, Hwy. 111, and directly across from The River, CVS, and the iconic In-N-Out restaurant, this building offers an extraordinary opportunity for discerning investors.Key Features:Strategic Location: Situated on Magnesia Falls, this property benefits from its proximity to the bustling retail hub of Hwy. 111. Endless Possibilities: Currently operating as an eye care center, this building opens doors to a world of possibilities. Seamlessly transition into a medical or professional office, or explore the potential of dividing it into two distinct units. The layout offers versatility tailored to your vision.Adequate Parking: With approximately 20 convenient onsite parking spaces, your clients and customers will always find parking a breeze. Additionally, street parking in close proximity further enhances accessibility.Don't miss out on this rare chance to acquire a strategic property that blends prime location with endless potential. Contact us today to explore how this building can become your next visionary venture in Rancho Mirage's thriving landscape. Act swiftly to secure a future filled with possibilities!

  • July, 2019

  • Jul 1, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,464,000

    Price

  • August, 2016

  • Aug 11, 2016

    Date

    Sold (Public Records)

    Public Records

    $980,000

    Price

Show More

Tax History for 71956 Magnesia Falls Dr

Assessed Value (2020): $1,464,000
Year Land Value Improved Value Assessed Value
2020 $400,000 $1,064,000 $1,464,000

Home Value Compared to the Market

This property vs the competition

71956 Magnesia Falls Dr is listed 85.45% higher than the median list price for the city of Rancho Mirage which has a median list price of $969,000.

About 71956 Magnesia Falls Dr

Detailed summary of property

71956 Magnesia Falls Dr is a mixed use located in Rancho Mirage, CA 92270 and is currently for sale. This mixed use property offers -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 23,087 square foot lot. 71956 Magnesia Falls Dr was first listed on ArdentRealEstateGroup.com on March 6, 2024. The homeowner is currently asking $1,797,000 and was originally asking $1,799,000. The median priced home in Rancho Mirage is $969,000 with a median price per square foot of $423. Based on Ardent Real Estate Group's Rancho Mirage Market Data, this home is listed 85.45% higher than the median priced home. Local competing homes currently for sale include 10993 S Central Ave, 27422 Aliso Creek Rd #200 and 1491 E Mission Blvd. While the average home in Rancho Mirage, CA is selling in 84 days, 71956 Magnesia Falls Dr has a days on market of 70 days. There are currently 380 homes for sale in the Rancho Mirage real estate market and 257 of them are single family homes while 123 of them are condos and 0 are townhomes. For more information on this home for sale at 71956 Magnesia Falls Dr Rancho Mirage, CA 92270 contact Ardent Real Estate Group and we will put you in touch with one of our Rancho Mirage agents.

Public Facts for 71956 Magnesia Falls Dr

Public county record property details
Beds
--
Baths
--
Year built
1776
Sq. Ft.
--
Lot Size
23,086
Stories
1
Type
Commercial (General)
Pool
No
Spa
No
County
Riverside
Lot#
2
APN
684-423-002

The source for these homes facts are from public records.

92270 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$975,000
Median List Price/Sq.Ft.
$423
Median Sold Price
$890,000
Median Sold Price/Sq.Ft.
$399
Total Inventory
375
Median Sale to List Price %
91%
Avg Days on Market
63
Loan Type
Conventional (18.89%), FHA (1.11%), VA (0%), Cash (48.89%), Other (16.67%)

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Rancho Mirage Agent
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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