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570 S Highland Drive

Palm Springs, CA 92264
  • $3,499,900
  • STATUS: Active
  • ON SITE: 72 Days
  • MLS #: 219084897
UPDATED: 21 min ago
$3,499,900
  • 0
    BEDS
  • 0.69
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 12,247
    SQFT
  • $286
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1958
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

A.D.U. & A.B.B. Potential + Reduced Half Million dollars from original listing. Three Parcels each over 10,000 sq ft.=30,000 sq.ft.+- Containing -14- unit Mid - Century Patio Apartments Separately Metered. Current Income $191,604. Projected Annual Income well over $200,000. Renovated with most units very large converted 2 bedrooms. 3 Lots 003-004 & 005 Quality Construction 3 units w/Fireplaces, Building footage 12,000 square feet. 15+ parking spaces. Drive By Please Do Not Disturb Tenants! Further Information, Please Contact Agent.

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©2022 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Brad Schmett Real Estate Group. Based on information from the California Desert Association of Realtors as of 2022-12-05T19:35:38.8. 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 of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

Licensed in the State of California, USA
www.bradschmett.net/homes/133379003
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570 S Highland Drive Palm Springs, CA 92264

  • Price: $3,499,900
  • Status: Active
  • On Site: 72 Days
  • Updated: 21 min ago
  • MLS #: 219084897
0
Beds
0
Baths
0
½ Baths
0.69
Acres
12,247
SQFT
$286
$/SQFT
1958
Built
Neighborhood:
Demuth Park
County:
Riverside
Area:
334 - Palm Springs South End
Elementary School:
Cielo Vista
Middle School:
Raymond Cree
High School:
Palm Springs
School District:
Palm Springs Unified
Property Description
A.D.U. & A.B.B. Potential + Reduced Half Million dollars from original listing. Three Parcels each over 10,000 sq ft.=30,000 sq.ft.+- Containing -14- unit Mid - Century Patio Apartments Separately Metered. Current Income $191,604. Projected Annual Income well over $200,000. Renovated with most units very large converted 2 bedrooms. 3 Lots 003-004 & 005 Quality Construction 3 units w/Fireplaces, Building footage 12,000 square feet. 15+ parking spaces. Drive By Please Do Not Disturb Tenants! Further Information, Please Contact Agent.
Exterior Features

Building Style Mid Century Entry Floor Number 1 Entry Location Ground Level - No Steps Exterior Construction Stucco Foundation Slab Gated Community No Levels GroundGround LevelNo Unit Above Other Structures Accessory Bldgs Parking AssignedOtherSide By Side Patio Features Concrete Slab Paved Yes Property Sub Type Apartment Roofing CompositionFlat Total Carport Spaces 0.00 Total Covered Spaces 0.00 Total Parking Spaces 16.00 Total Uncovered Assigned Spaces 15.00 View Yes View Type Mountain(S)Pool Window Treatments Tinted WindowsVertical Blinds

Interior Features

Cooling Type Air ConditioningCeiling Fan(S)Central AirDualWall/Window Unit(S) Fireplace Yes Fireplace Features OtherUnknown Fireplace Location Living Room Flooring Tile Heating Fireplace(S) Kitchen Features Remodeled Rooms Great RoomLiving RoomOtherStudio Total Fireplaces 1

Property Features

Elevator No Gross Schedule Income Amount 200000.00 Land Type Fee Simple Laundry Yes Laundry Equipment Own Laundry Location CommunityIndividual Room Listing Terms 1031 ExchangeCash Lot Description 2 - 4 LotsBack YardFencedLandscapedPrivateSidewalksStreet Paved Lot Location Near Public TransitPark Nearby Monthly Gross Income Amount 15967.00 Neighborhood Demuth Park Other Schools Cielo Vista Charter Owner Pays GardenerPool ServiceTrash CollectionWater Pool Yes Pool Accessories Unknown Pool Construction GuniteIn Ground Pool Description In GroundPrivate Pool Location CommunityPrivate Private Transfer Tax No Property Attached Detached Yes Property Condition Updated/Remodeled Sale Type Standard Security Safety Exterior Security LightsNone Senior Community No Sewer InConnected And Paid Spa Hot Tub No Tax Mello Roos No Tenant Pays ElectricityGas Tv Services Cable Tv Type Of Business Month To Month Long Term Tenants Water Water District Water District Name Desert Water Agency Water Heater Yes Water Heater Feature Gas

Listing information © 2022 California Desert Association of Realtors.
Listing provided courtesy of Steve Remball of Desert Real Estate: (760) 413-3000.
©2022 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Brad Schmett Real Estate Group. Based on information from the California Desert Association of Realtors as of 2022-12-05T19:35:38.8. 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 of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

Licensed in the State of California, USA
 
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Brad Schmett Real Estate Group
760-880-5845
La Quinta and Palm Springs CA,