583 S Calle Abronia new Save Request In-Person Tour Request Virtual Tour
Palm Springs,CA 92264
Key Details
Property Type Single Family Home
Sub Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,459 sqft
Price per Sqft $487
MLS Listing ID CRIG25154374
Style Bungalow
Bedrooms 4
Full Baths 4
Year Built 1936
Lot Size 6,098 Sqft
Property Sub-Type Single Family Home
Source California Regional MLS
Property Description
Introducing a unique investment opportunity awaited by astute investors and developers alike. A charming quadraplex, minimal maintenance property, with few operating expenses, nestled in the scenic neighborhood of Palm Springs. This property boasts a diverse unit mix, including one spacious 2-bedroom, 1-bath unit, two comfortable 1-bedroom, 1-bath units, and one extra-large studio with one bathroom and a separate kitchen. These units combine ample living space with functional design that maximizes space and comfort. Each unit has its own washer & dryer and electric meter. Parking is never an issue, with assigned parking for each tenant. This quadraplex is not just a place to live, it is an investment in comfort and convenience, promising long-term rental income prospects and immediate returns with a Cap rate of about 7. Location is the ace in the hole for this property! Centrally located to several golf courses nearby for convenience, and popular courses a bit farther out. A short stroll away is the Ramon at Indian Canyon bus station, placing convenience right on your tenant's doorstep. The Grocery Outlet is a mere stone's throw away for your grocery runs. Tahquitz Canyon offers acres of natural beauty that is less than a mile away for those moments when grounding calls. I
Location
State CA
County Riverside
Area 334 - South End Palm Springs
Zoning R2
Rooms
Kitchen Dishwasher,Hood Over Range,Microwave,Other,Oven Range - Gas,Refrigerator,Oven - Gas
Interior
Heating Other
Cooling Other
Flooring Laminate
Fireplaces Type None
Laundry 30,Other,Washer,Stacked Only,Dryer
Exterior
Parking Features Assigned Spaces
Pool 31,None
Utilities Available Other
View Hills
Building
Lot Description Grade - Gently Sloped
Story One Story
Foundation Concrete Perimeter
Water Heater - Gas,District - Public
Architectural Style Bungalow
Others
Tax ID 508124012
Special Listing Condition Not Applicable