583 S Calle Abronia Active

Palm Springs,CA 92264

$ 1199000

4 Beds

4 Baths

2459 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,459 sqft

Price per Sqft $487

MLS Listing ID CRIG25069123

Bedrooms 4

Full Baths 4

Year Built 1936

Lot Size 6,098 Sqft

Property Sub-Type Detached

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 t

Location

State CA

County Riverside

Interior

Heating Other

Cooling Ceiling Fan(s),Other,See Remarks,ENERGY STAR Qualified Equipment

Flooring Laminate

Fireplaces Type None

Laundry Dryer,Washer,Other

Exterior

Pool None

Amenities Available Park

View Mountain(s)

Building

Lot Description Other,Street Light(s),Landscape Misc

Story 1

Foundation Concrete Perimeter

Water Public

Schools

School District Palm Springs Unified

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