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517 E Camino Parocela

Palm Springs, CA 92264
  • $819,000
  • STATUS: Active
  • ON SITE: 20 Days
  • MLS #: 24-364393
$819,000
  • 4
    BEDS
  • 0.14
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 1,806
    SQFT
  • $453
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1935
County:

School Ratings & Info

Description

Built in 1935, this 4 unit cottage styled building is located in south Palm Springs in the Warm Sands Neighborhood, near downtown Palm Springs. Main unit is 2 bedroom and 1 bath. 2nd unit is 2 bedroom 1 bath. Plus two small studios. 3 fireplaces. Each unit was remodeled in 2009-2010, with new plumbing, electrical, tile, and cabinetry. Central air and heating in each unit. Each has their own electrical meters and gas. Great long term tenants, with minimal maintenance. Whether investing or wanting to live here, this south Palm Springs location and proximity to down town can't be beat.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2024-04-03T23:43:14.5. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.bradschmett.net/homes/149040470
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517 E Camino Parocela Palm Springs, CA 92264

  • Price: $819,000
  • Status: Active
  • On Site: 20 Days
  • MLS #: 24-364393
4
Beds
4
Baths
0
½ Baths
0.14
Acres
1,806
SQFT
$453
$/SQFT
1935
Built
Neighborhood:
Warm Sands
County:
Riverside
Area:
Palm Springs South End
Property Description
Built in 1935, this 4 unit cottage styled building is located in south Palm Springs in the Warm Sands Neighborhood, near downtown Palm Springs. Main unit is 2 bedroom and 1 bath. 2nd unit is 2 bedroom 1 bath. Plus two small studios. 3 fireplaces. Each unit was remodeled in 2009-2010, with new plumbing, electrical, tile, and cabinetry. Central air and heating in each unit. Each has their own electrical meters and gas. Great long term tenants, with minimal maintenance. Whether investing or wanting to live here, this south Palm Springs location and proximity to down town can't be beat.
Exterior Features

Cross Streets Calle Palo Fierro Levels One Lot Size Area 6098 Other Structures None Parking Garage AssignedSide By SideUncoveredDriveway - Gravel Style Bungalow Total Parking 0 View Description Mountains View YN Yes

Interior Features

Common Walls Attached Cooling Central Equipment Garbage DisposalRange/OvenRefrigeratorCableHood FanRecirculated Exhaust Fan Fireplace Rooms Wood Burning Heating Central Laundry None

Property Features

Assessed Total Value 327117 Disclosures None Gross Income 46747 Gross Operating Income 37747 Land Lease Type Fee Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Net Operating Income 37747.00 Number Of Buildings 1 Number Of Units 4 Rent Control YN No Sale Type Standard Source Living Area Estimated Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Tenant Pays GasCable TV Total Annual Expense 9000. Type Of Units Apartments Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning R2

Listing provided courtesy of Kathleen Adams DRE#01454467 of Kathleen Adams Real Estate, Inc.: 760-902-9531.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2024-04-03T23:43:14.5. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Brad Schmett Real Estate Group
78010 Main St. Suite 207
La Quinta CA, 92253