975 E Camino Parocela, Palm Springs, CA 92264

Palm Springs, CA 92264,975 E Camino Parocela

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Gianna Silvaggio

gsellslv@gmail.com +1(702) 236-2664

$ 1,795,000

Est. payment | -/mo

6 Beds

6 Baths

3,764 SqFt

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$ 1,795,000

Est. payment | -/mo

Save Virtual Tour

6 Beds

6 Baths

3,764 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,764 sqft

Price per Sqft $476

Subdivision Warm Sands

MLS Listing ID 24-421577

Style Mid-Century

Bedrooms 6

Year Built 1957

Lot Size 9,583 Sqft

Acres 0.22

Property Description

Located in the prime and sought-after Warm Sands area, in desirable South Palm Springs. This mid-century modern 5-unit garden style property has many possibilities. All 5 units will be delivered vacant and fully furnished upon closing. It can be run as a hotel, apartment building or live in one unit and rent out the rest. The City of Palm Springs has approved the property for conversion to a boutique hotel once specific upgrades are completed. Building permit and architectural plans to be transferred to the buyer upon closing. Currently the property is rented seasonally to snowbirds. There are no under market rents that you have to wait years to improve. Five units total, four 1bd/1ba and one 2bd/2ba. Detached front unit includes living room with fireplace, 1 bedroom + 1 bath, kitchen, dining area, private patio, and mountain views. Four additional units include three 1 bedroom + 1 bath units and one 2 bedroom + 2 bath unit. All four remaining units have living rooms, vintage Mid-Century Modern kitchens, breakfast bars, and dining areas. All overlook garden areas and most have private patios. Gated pool, spa, and patio area. Minutes to the many fine shops and restaurants in the downtown village area of Palm Springs. Included in the purchase price are all appliances, exterior patio furniture, interior furnishings, and household items. The perfect desert retreat! Buyer to co-operate with "possible" Seller's 1031 Tax Deferred Exchange at no cost to Buyer. Broker, Broker's Agents, & Sellers do not represent and/or guarantee the accuracy of the square footage, permitted or unpermitted space, bedroom/bath count, lot size/dimensions, schools, or any other information concerning the conditions or features of the property & surrounding area, including property income. Buyer is advised to independently verify the accuracy of all information through personal inspection and/or investigation with appropriate professionals to satisfy themselves regarding all material issues of the subject property etc.

Location

State CA

County Riverside

Area Palm Springs South End

Zoning R2

Rooms

Other Rooms Shed(s)

Dining Room 0

Kitchen Formica Counters, Remodeled, Pantry, Galley Kitchen

Interior

Interior Features Common Walls, Furnished, Turnkey

Heating Central, Forced Air, Natural Gas

Cooling Air Conditioning, Swamp Cooler(s), Ceiling Fan, Electric, Wall Unit(s), Wall/Window

Flooring Tile, Laminate, Cement, Ceramic Tile

Fireplaces Type Gas, Gas and Wood, Gas Starter, Wood Burning, Living Room, Raised Hearth

Inclusions AT SELLER'S SOLE DISCRETION: ALL: Appliances, Interior Furnishings, Exterior Patio Furniture, Exterior Potted Plants.

Equipment Barbeque, Cable, Dryer, Garbage Disposal, Gas Dryer Hookup, Gas Or Electric Dryer Hookup, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer, Vented Exhaust Fan, Ceiling Fan

Laundry Community, Laundry Area, Room, Outside

Exterior

Garage Private

Garage Spaces 5.0

Pool Fenced, Filtered, Gunite, In Ground, Heated, Private

Waterfront Description None

View Y/N Yes

View Mountains, Hills

Roof Type Foam

Handicap Access No Interior Steps

Building

Lot Description Curbs, Exterior Security Lights, Fenced, Fenced Yard, Lot Shape-Rectangular, Lot-Level/Flat, Misting System, Single Lot, Sidewalks, Street Asphalt, Street Paved, Utilities - Overhead, Street Lighting, Corners Established, Back Yard

Story 1

Foundation Slab

Sewer In Street, In Street Paid, In Connected and Paid, Paid, On Site

Water District, In Street, Meter on Property, Public, Water District, Paid

Architectural Style Mid-Century

Level or Stories One

Structure Type Stucco

Schools

School District Palm Springs Unified

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is 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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Berkshire Hathaway HomeServices California Propert

+1(702) 236-2664

gsellslv@gmail.com