981 E Parocela Place, Palm Springs, CA 92264

$1,400,000
8
BD
4
BA
2,960
SqFt

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Sold Price
$1,400,000
List Price
$1,480,000
Closing Date
Dec 29, 2023
Status
CLOSED
MLS#
219094949
Year Built
1947
Bedrooms
8
Bathrooms
4
Living Sq. Ft
2,960
Lot Size
9,148
Days on Market
0
Property Type
Multifamily
Style
Mid-Century Modern
Stories
1
Neighborhood
Warm Sands

Property Description

INCREDIBLE INVESTMENT PROPERTY! This quadruplex in centrally-located Warm Sands has been fully renovated in the last few years. All units are 2BD/1BA, with an eye for designer finishes and style galore! Pictures of the one unit are indicative of all the units, with minor differences. Upgrades/renovations in 2015 include HVACs for all units, double-pane windows and sliders, kitchens/baths/flooring, in-unit laundry, new roof profile, pool installation, with all units having direct access to the communal backyard pool/patio area, with intense views to the western mountains. 100% occupied by full time renters, smooth income stream in one of the most sought-after neighborhoods in Palm Springs. Each unit has separate meters for all utilities. Plenty of off-street parking for tenants. Single-car garage that can be rented for tenant storage.

Additional Information

Land Lease Type
Fee
Pool
Yes
Pool Description
Community, Gunite, In Ground
Heat
Central
Cooling
Central Air
View
Mountain(s)
Parking
Assigned
Garage Spaces Total
1
Sewer
In, Connected and Paid

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Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway HomeServices California Properties. Selling Office: .