583 S Calle Abronia Active

Palm Springs,CA 92264

$ 1199000

4 Beds

4 Baths

2459 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,459 sqft

Price per Sqft $487

Subdivision Warm Sands (33520)

MLS Listing ID IG25069123

Bedrooms 4

Full Baths 4

Year Built 1936

Lot Size 6,098 Sqft

Property Sub-Type Duplex

Property 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.

Location

State CA

County Riverside

Area 334 - South End Palm Springs

Zoning R2

Interior

Heating Ductless,ENERGY STAR Qualified Equipment

Cooling Ductless,ENERGY STAR Qualified Equipment,See Remarks

Flooring Laminate

Fireplaces Type None

Laundry Washer Hookup,Outside,Stacked

Exterior

Parking Features Assigned

Pool None

Community Features Street Lights,Park

Utilities Available Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected

View Y/N Yes

View Mountain(s)

Building

Lot Description Gentle Sloping,Landscaped,Near Park,Near Public Transit

Dwelling Type Duplex

Story 1

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Palm Springs Unified

Others

Acceptable Financing Cash,Cash to Existing Loan,Cash to New Loan,1031 Exchange,Freddie Mac

Listing Terms Cash,Cash to Existing Loan,Cash to New Loan,1031 Exchange,Freddie Mac

Special Listing Condition Standard

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