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$1,199,000

Est. payment - /mo

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4 Beds

4 Baths

2,459 SqFt

Active

583 S Calle Abronia Palm Springs, CA 92264

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Ben Ruiz

Hunter & Maddox Real Estate

bennythebroker@gmail.com +1(619) 733-4635

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Key Details

Property Type Condo

Listing Status Active

Purchase Type For Sale

Square Footage 2,459 sqft

Price per Sqft $487

MLS Listing ID IG25069123

Style All Other Attached

Bedrooms 4

Full Baths 4

Construction Status Additions/Alterations

HOA Y/N No

Year Built 1936

Lot Size 6,098 Sqft

Acres 0.14

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. Its 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 int
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. Its 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 Riv Cty-Palm Springs (92264)

Zoning R2

Interior

Cooling Other/Remarks, Energy Star

Flooring Laminate

Equipment Dishwasher, Dryer, Microwave, Refrigerator, Washer, Gas Oven, Gas Range

Appliance Dishwasher, Dryer, Microwave, Refrigerator, Washer, Gas Oven, Gas Range

Laundry Closet Stacked, Outside

Exterior

Exterior Feature Adobe, Concrete

Parking Features Assigned

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

View Mountains/Hills

Total Parking Spaces 4

Building

Lot Description Landscaped

Story 1

Lot Size Range 4000-7499 SF

Sewer Public Sewer

Water Public

Architectural Style Craftsman/Bungalow

Level or Stories 1 Story

Construction Status Additions/Alterations

Others

Acceptable Financing Cash, Exchange, Cash To Existing Loan, Cash To New Loan

Listing Terms Cash, Exchange, Cash To Existing Loan, Cash To New Loan

Special Listing Condition Standard

Listed by BRIAN DROZE • BPO HOMES INC.

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Ben Ruiz

Broker Associate | License ID: 00948586

+1(619) 733-4635

583 S Calle Abronia Palm Springs, CA 92264

Ben Ruiz

Key Details

Location

Interior

Exterior

Building

Others

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