Homes for sale - 583 South Calle Abronia, Palm Springs, CA 92264

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Demi Fox

demifox4re@gmail.com +1(805) 490-1401

Listed by BRIAN DROZE • BPO HOMES INC.

$ 1,199,000

Est. payment | -/mo

4 Beds

4 Baths

2,459 SqFt

Save

$ 1,199,000

Est. payment | -/mo

Save

4 Beds

4 Baths

2,459 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,459 sqft

Price per Sqft $487

Subdivision Warm Sands

MLS Listing ID IG-25154374

Style Bungalow

Bedrooms 4

Full Baths 4

Year Built 1936

Lot Size 6,098 Sqft

Property Sub-Type Single Family Residence

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. It's the perfect backdrop for those Instagram-worthy sunset pics or a serene morning jog! Whether you're looking to live in one unit and accommodate multiple tenants in the other units, this property blends functionality with charm, set against the picturesque backdrop of Palm Springs. Turn this property into your profitable income property or your private oasis-- or why not a bit of both? Opportunities are knocking; make sure you're home!

Location

State CA

County Riverside

Area 334 - Palm Springs South End

Zoning R2

Interior

Interior Features Ceiling Fan(s)

Heating Ductless, ENERGY STAR Qualified Equipment

Cooling Ductless, ENERGY STAR Qualified Equipment, See Remarks

Flooring Laminate

Fireplaces Type None

Laundry Dryer Included, Outside, Stackable, Washer Hookup, Washer Included

Exterior

Parking Features Assigned

Pool None

Community Features Street Lights

Utilities Available Sewer Connected, Water Connected, Electricity Connected, Natural Gas Connected, Phone Connected

View Y/N Yes

View Mountain(s)

Building

Lot Description Gentle Sloping, Landscaped, Near Public Transit, Park Nearby

Sewer Public Sewer

+1(805) 490-1401

demifox4re@gmail.com

1464 Madera Rd N. Suite 253, Valley, CA, 93065

583 South Calle Abronia Palm Springs, CA 92264