Palm Springs, CA 92264,583 S Calle Abronia
Palm Springs, CA 92264,583 S Calle Abronia
Palm Springs, CA 92264,583 S Calle Abronia
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$1,199,000
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4 Beds
4 Baths
2,459 SqFt
Active

583 S Calle Abronia Palm Springs, CA 92264

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,459 sqft

Price per Sqft $487

Subdivision Warm Sands (33520)

MLS Listing ID IG25069123

Bedrooms 4

Full Baths 4

Construction Status Additions/Alterations

HOA Y/N No

Year Built 1936

Lot Size 6,098 Sqft

Property Sub-Type Duplex

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 - South End Palm Springs

Zoning R2

Rooms

Main Level Bedrooms 1

Interior

Interior Features Ceiling Fan(s), All Bedrooms Down

Heating Ductless, ENERGY STAR Qualified Equipment

Cooling Ductless, ENERGY STAR Qualified Equipment, See Remarks

Flooring Laminate

Fireplaces Type None

Fireplace No

Appliance Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Range Hood, Water Heater, Dryer, Washer

Laundry Washer Hookup, Outside, Stacked

Exterior

Parking Features Assigned

Pool None

Community Features Street Lights, Park

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

View Y/N Yes

View Mountain(s)

Porch Rear Porch, Covered, Front Porch, Patio

Total Parking Spaces 4

Private Pool No

Building

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

Dwelling Type Duplex

Faces East

Story 1

Entry Level One

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Bungalow

Level or Stories One

New Construction No

Construction Status Additions/Alterations

Schools

School District Palm Springs Unified

Others

Senior Community No

Tax ID 508124012

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange, Freddie Mac

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange, Freddie Mac

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by BRIAN DROZE • BPO HOMES INC. • 858-945-6628

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agent

David Mercado

Agent | License ID: 01391320

+1(619) 770-9634

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583 S Calle Abronia