575 S Calle Ajo Active Save Request In-Person Tour Request Virtual Tour
Palm Springs,CA 92264
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Warm Sands
MLS Listing ID 219116048PS
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
Exterior
Garage Driveway,Shared Driveway
View Y/N No
Roof Type Clay
Building
Lot Description Back Yard,Front Yard,Landscaped,Near Public Transit,Paved
Story 2
Foundation Slab
New Construction No
Others
Acceptable Financing Contract
Listing Terms Contract
Special Listing Condition Standard