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981 E Parocela Place

Palm Springs, CA 92264
  • $1,550,000
  • STATUS: Active
  • ON SITE: 25 Days
  • MLS #: 219094949
UPDATED: 53 min ago
$1,550,000
  • 8
    BEDS
  • 0.21
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,960
    SQFT
  • $524
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1947
County:

School Ratings & Info

Description

INCREDIBLE INVESTMENT PROPERTY! This quadruplex in centrally-located Warm Sands has been fully renovated in the last few years. All units are 2BD/1BA, with an eye for designer finishes and style galore! Pictures of the one unit are indicative of all the units, with minor differences. Upgrades/renovations in 2015 include HVACs for all units, double-pane windows and sliders, kitchens/baths/flooring, in-unit laundry, new roof profile, pool installation, with all units having direct access to the communal backyard pool/patio area, with intense views to the western mountains. 100% occupied by full time renters, smooth income stream in one of the most sought-after neighborhoods in Palm Springs. Each unit has separate meters for all utilities. Plenty of off-street parking for tenants. Single-car garage that can be rented for tenant storage.

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©2023 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 2023-06-08T16:35:40.593. 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/139534295
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981 E Parocela Place Palm Springs, CA 92264

  • Price: $1,550,000
  • Status: Active
  • On Site: 25 Days
  • Updated: 53 min ago
  • MLS #: 219094949
8
Beds
4
Baths
0
½ Baths
0.21
Acres
2,960
SQFT
$524
$/SQFT
1947
Built
Neighborhood:
Warm Sands
County:
Riverside
Area:
334 - Palm Springs South End
Property Description
INCREDIBLE INVESTMENT PROPERTY! This quadruplex in centrally-located Warm Sands has been fully renovated in the last few years. All units are 2BD/1BA, with an eye for designer finishes and style galore! Pictures of the one unit are indicative of all the units, with minor differences. Upgrades/renovations in 2015 include HVACs for all units, double-pane windows and sliders, kitchens/baths/flooring, in-unit laundry, new roof profile, pool installation, with all units having direct access to the communal backyard pool/patio area, with intense views to the western mountains. 100% occupied by full time renters, smooth income stream in one of the most sought-after neighborhoods in Palm Springs. Each unit has separate meters for all utilities. Plenty of off-street parking for tenants. Single-car garage that can be rented for tenant storage.
Exterior Features

Building Style Mid Century Entry Location Ground Level - No Steps Exterior Construction Stucco Gated Community No Levels Ground LevelNo Unit Above Parking Assigned Property Sub Type Quadruplex Total Carport Spaces 0.00 Total Covered Spaces 0.00 Total Parking Spaces 11.00 Total Uncovered Assigned Spaces 10.00 View Yes View Type Mountain(S)

Interior Features

Cooling Type Central Air Fireplace No Flooring Ceramic Tile Heating Central Rooms Dining AreaLiving Room Total Fireplaces 1

Property Features

Land Type Fee Simple Listing Terms 1031 ExchangeCashCash To New Loan Pool Yes Pool Construction GuniteIn Ground Pool Description Community Pool Location Community Property Attached Detached Yes Sale Type Standard Security Safety None Senior Community No Sewer InConnected And Paid Spa Hot Tub No Tax Mello Roos No Tenant Pays Cable TvElectricityGasWater

Listing information © 2023 California Desert Association of Realtors.
Listing provided courtesy of Tad Smith of Berkshire Hathaway Homeservices California Properties: (760) 323-5000.
©2023 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 2023-06-08T16:35:40.593. 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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