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629 S Thornhill Rd

Palm Springs, CA 92264
  • $1,799,000
  • STATUS: Active
  • ON SITE: 108 Days
  • MLS #: 23-339421
Price Reduced
$1,799,000
  • 7
    BEDS
  • 0.34
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
  • 5,178
    SQFT
  • $347
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1958
County:

School Ratings & Info

Description

Exceptional investment opportunity in the heart of Palm Springs. A mid-century inspired and resort-style (6) six-unit apartment building in sought-after Warm Sands neighborhood. The complex offers (5) five sizable one-bedroom, one-bath apartments and (1) one two-bedroom, two-bath apartment. There is approx. 5,178 sq. ft. of rentable space on an oversized large .34 acre lot. This private compound is nested in one of the best streets in Warm Sands, protected by lush hedges and mature landscape. The view from the gorgeous pool offers dramatic and picturesque mountain sights, making the property a true one-of-a-kind oasis for its residents. There is a gated entrance and off-street designated parking. Currently the property is leased to quality tenants. The apartment complex offers a stable income and future value-add opportunity. Don't miss out on this one!

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2024-04-20T16:13:31.003. 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/146426439
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629 S Thornhill Rd Palm Springs, CA 92264

  • Price: $1,799,000
  • Status: Active
  • On Site: 108 Days
  • MLS #: 23-339421
7
Beds
7
Baths
0
½ Baths
0.34
Acres
5,178
SQFT
$347
$/SQFT
1958
Built
Neighborhood:
Warm Sands
County:
Riverside
Area:
Palm Springs South End
Property Description
Exceptional investment opportunity in the heart of Palm Springs. A mid-century inspired and resort-style (6) six-unit apartment building in sought-after Warm Sands neighborhood. The complex offers (5) five sizable one-bedroom, one-bath apartments and (1) one two-bedroom, two-bath apartment. There is approx. 5,178 sq. ft. of rentable space on an oversized large .34 acre lot. This private compound is nested in one of the best streets in Warm Sands, protected by lush hedges and mature landscape. The view from the gorgeous pool offers dramatic and picturesque mountain sights, making the property a true one-of-a-kind oasis for its residents. There is a gated entrance and off-street designated parking. Currently the property is leased to quality tenants. The apartment complex offers a stable income and future value-add opportunity. Don't miss out on this one!
Exterior Features

Direction Faces West Levels One Lot Size Area 14810 Other Structures None Parking Garage Assigned Pool Description FencedPrivate Pool YN Yes Roof Flat Style Mid-Century Total Parking 8 View Description Mountains View YN Yes

Interior Features

Common Walls Attached Cooling Air ConditioningCentral Equipment MicrowaveDishwasherRefrigeratorRange/OvenCeiling Fan Flooring Tile Heating Central Laundry Laundry Area

Property Features

Assessed Total Value 795317 Disclosures As Is Gross Income 0 Gross Operating Income 0 Land Lease Type Fee Like Units1 5 Like Units2 1 Net Operating Income 0.00 Number Of Buildings 1 Number Of Units 6 Owner Pays Pool ServiceWaterGardenerGas Sale Type Standard Security Features Gated Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 0 Type Of Units Apartment Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning R2

Listing provided courtesy of Panayot Tomov DRE#01915444 of Coldwell Banker Realty: 760-325-4500.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2024-04-20T16:13:31.003. 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