Description
Beautiful updated 4-unit property located in warm sands, a highly sought after rental area in the south end of palm springs. all units are currently rented. a perfect blend of 1-to-2-bedroom units and a large studio. each unit has their own electric meters and is a minimal maintenance property with few expenses for its operation and a cap rate of about 7. this is a great investment opportunity. you could also purchase and live in one of the units and the reason it is also listed in sfr. located close to downtown nightlife and restaurants.
Property Type
ResidentialCounty
RiversideStyle
BungalowAD ID
49297368
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 4
Bathroom Information
- Total Baths: 4
- Full Baths: 4
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Interior Features: Ceiling Fan(s),All Bedrooms Down
- Property Appliances: Dishwasher,ENERGY STAR Qualified Appliances,ENERGY STAR Qualified Water Heater,Gas Oven,Gas Range,Gas Water Heater,Microwave,Refrigerator,Range Hood,Water Heater,Dryer,Washer
- Fireplace: None
- Flooring: Laminate
Cooling Features
- Ductless,ENERGY STAR Qualified Equipment,See Remarks
- Air Conditioning
Heating Source
- Ductless,ENERGY STAR Qualified Equipment
- Has Heating
Energy
- Green Energy: Appliances,Water Heater
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1936
- Construction: Adobe,Drywall,Concrete
Foundation
- Concrete Perimeter
Security Features
- Carbon Monoxide Detector(s),Smoke Detector(s)
Pool Features
- None
Laundry Features
- Washer Hookup,Outside,Stacked
Patio And Porch
- Rear Porch,Covered,Front Porch,Patio
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.14
- Lot Size Source: Assessor
- Lot Size Square Feet: 6098
-
Listing Information
Listing Price Information
- Original List Price: 1,199,000
- Listing Contract Date: 2025-04-08
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 508124012
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 334 - South End Palm Springs
- Postal Code Plus 4: 0702
- Directions: Palm Cyn Dr, Left on Ramon and Right on Calle Abronia
- Zoning: R2
- Source Property Type: Residential
- Area: 334 - South End Palm Springs
- Property SubType: Duplex
Building and Construction
- Property Age: 89
- Common Walls: 1 Common Wall
- Property Condition: Additions/Alterations
- Structure Type: Duplex
- Year Built Source: Assessor
- Total Square Feet Living: 2459
- Entry Level: 1
- Entry Location: Front
- Property Attached: Yes
- Levels or Stories: One
- Building Total Stories: 1
- Structure Type: Duplex
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BuyOwner last updated this listing 04/14/2025 @ 16:44
- MLS: IG25069123
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 4 bedrooms which is for sale, it has 2,459 sqft, 6,098 sized lot, and 0 parking. are nearby neighborhoods.