575 S Calle Ajo, Palm Springs, CA 92264 - MLS#219116048PS

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Mindy Luong

[email protected] +1(714) 467-6200

$815,000

Est. payment - /mo

5,662 Sqft Lot

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UPDATED:

11/08/2024 09:04 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Warm Sands

MLS Listing ID 219116048PS

HOA Y/N No

Year Built 1936

Lot Size 5,662 Sqft

Property Description

Nestled in the heart of desirable Warm Sands neighborhood, one block off famous Indian Canyon - this historic duplex offers serenity with access a street over to world-class dining, shopping, vibrant nightlife and outdoor adventures.This architectural gem is freshly painted and offers NEW HE Air Conditioning System, window treatments & furniture! Just pack your bag and live almost free with one unit available for rent and one just waiting for you!Upper Unit: Features two spacious bedrooms and is currently unoccupied. With its classic architecture and cozy ambiance, this space offers both comfort and character.Lower Unit: a flexible studio that can also function as a one-bedroom, is rented on a month-to-month basis. Ideal for guests, extended family, or additional income.Expansive lot situated on a generous 6,098 square foot lot, this property presents a myriad of opportunities for expansion. Imagine adding a sparkling pool, or just some outdoor entertainment area furniture, or even additional living spaces--your vision can become a reality here. Cap rate is strong at over 5%. Tenant downstairs is month to month but open to staying. Upper unit is a great vacation rental, and there's lots of storage space that could easily be finished off to add another 400 square feet. Termite report from September, 2024 is clear.Whether you're looking for a solid investment property, a vacation getaway with built income, this is it! Interested parties verify all info thx

Location

State CA

County Riverside

Area 334 - South End Palm Springs

Interior

Heating Natural Gas, Wall Furnace

Cooling Dual

Flooring Tile, Wood

Inclusions Clear Termite Report dated 9/9/24

Fireplace No

Appliance Disposal, Gas Oven, Gas Range, Gas Water Heater, Water Heater

Exterior

Garage Driveway, Shared Driveway

View Y/N No

Roof Type Clay

Parking Type Driveway, Shared Driveway

Total Parking Spaces 2

Private Pool No

Building

Lot Description Back Yard, Front Yard, Landscaped, Near Public Transit, Paved

Story 2

Entry Level Two

Foundation Slab

Architectural Style Victorian

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 508121009

Acceptable Financing Contract

Listing Terms Contract

Special Listing Condition Standard

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Listed by Lea Wiviott Boracchia • Wealth Partners Real Estate

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Mindy Luong

+1(714) 467-6200

Broker | License ID: 01335837

Broker License ID: 01335837

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