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$667,500
OC-24029614 MLS CLOSED Status
Welcome to your dream short-term retreat in Indio! This fully licensed turnkey short-term rental, strategically located in a non-gated community with NO HOA's, offers a perfect blend of comfort and convenience. Featuring 4 bedrooms and 3 baths, this home is fully furnished with high-quality decor and includes stainless steel appliances, a washer/dryer, pool table, and a double-sided stone fireplace - creating an entertainer's delight. Step into the backyard oasis with a sparkling pebble tec pool and spa equipped with Pentair Pool Automation, a covered gazebo for al fresco dining, and a gated RV parking space for your convenience. Ideal for families or savvy investors, this charming home is situated in a tranquil Indio neighborhood and strategically positioned near major festivals. Financially, this property projects a gross revenue exceeding $121,000 with a self-managed cap rate of 11.5% and a professionally managed cap rate of 8.7%. Enjoy the quiet charm and family-friendly atmosphere of Indio while benefiting from a proven track record of substantial returns on investment. Whether you're seeking a family haven or a lucrative short-term rental venture, this turnkey gem is ready for your discerning eye. Don't miss the opportunity to own this fully licensed, turnkey short-term rental. Act fast and make this dream property yours!

46664 Via Celeste, Indio

$2,750,000
12 Beds 12 Baths 219107147 MLS CLOSED Status
Newly renovated boutique hotel in The Movie Colony in Palm Springs! Renovated in 2024, The Bearfoot Inn is a twelve room hotel located on Indian Canyon Drive just one block over from Downtown Palm Springs & the Uptown Design District, and features spacious rooms with incredible mountain views. The room mix currently includes (3) King Suites with a kitchenette and private patio, (1) Poolside King Suite, (2) Deluxe King Suites with kitchenette and private patio, (5) Poolside Queen Suites, and (1) Queen Suite with kitchenette and patio. The rooms feature open floor plans (many of which have their own kitchenettes) with lots of natural light, large slider doors opening up to the exterior, updated flooring throughout, and more. The courtyard includes a beautiful pool and spa area with lounging chairs, grass areas, and an outdoor shower. Ample private parking, new & refreshed grounds, and an irreplaceable location are just some of the perks of this hotel! Renovations have recently been completed so there is no current book of business, and certain aspects are ready for the new buyer to put their own personal touches on (including the showers). Reach out for more information or if you'd like to schedule a private tour.

888 N Indian Canyon Drive, Palm Springs

$740,000
4 Beds 2 Baths 219105498 MLS CLOSED Status
Attention home buyers, savvy investors and 1031 exchange enthusiasts! Welcome to 41551 Sunrise Court, a prime investment opportunity in the heart of Rancho Mirage. This duplex couldn't be more ideal for home buyers who would like to live in one unit and rent the other or investors seeking to diversify their portfolio. Nestled on a cul-de-sac against the backdrop of majestic mountains, this property boasts breathtaking mountain views. Whether you're looking for a permanent residence or an investment property, 41551 Sunrise Court presents a golden opportunity. Its prime location and dual-residence setup make it an attractive prospect for those seeking both a home and an investment. Each unit features a spacious living room area, and a large, updated Kitchen with ample cabinet space. Two carpeted bedrooms with ceiling fans and a spacious bathroom. Central HVAC system and laundry closet in both units. Currently, the property is fully leased with two quality tenants. Please contact the listing agent to schedule a viewing. Showing only by appointment with Proof of Funds or Pre-qualification. Please do not disturb tenants. Seller intends to perform an IRC Section 1031 tax-deferred exchange.

41551 Sunrise Court, Rancho Mirage

$1,200,000
4 Beds 5 Baths 219105207 MLS CLOSED Status
Here is your opportunity to own an Extremely Rare Mid-Century 4-plex behind the gates of a private country club. There has been a long 32-year rental history on this building with very little turnover. Has always been professionally managed with excellent income. These high end 1 bedroom units are surrounding the recently remodeled pool. All 4 unit has just recently completed a major remodel with new everything in December 2021. Polished 24x24 concrete floor tiles, glass backsplash, new appliances, cabinets, beautiful quartz counter tops, new modern bathroom, new hardware everywhere, new shaker solid doors, in ceiling LED lighting, new A/C, new, hot water heaters and all rented. Wait til you see it! Also, each unit has a oversized back yard with Mid-Century landscaping that wraps around 50% of each unit and lights up at night for a relaxing desert back yard experience. Nowhere in the desert are you able to find this for sale. There is a washer/dryer room. Each unit come with its own storage closet too! 5th bathroom as well for the pool use. There is a oversized golf cart garage that can hold two carts if needed. If you are looking for a True Mid-Century with excellent income, *Listing agent nor Brokers office does not guarantee the accuracy of the information provided. Buyer is advised to independently verify the accuracy of this information through personal inspection, and/or with appropriate professionals . Seller is also the Selling Broker. Unit is staged for photos.

42205 Adams Street, Bermuda Dunes

$2,300,000
13 Beds 11 Baths 219104526 MLS CLOSED Status
Pleased to offer this 11 unit apartment complex for sale in the beautiful Twin Palms neighborhood of Palm Springs! Located at 2080 S Camino Real, Canyon Villas sits on 1⁄2 an acre in South Palm Springs and offers amazing panoramic views of the San Jacinto Mountains along with close proximity to downtown and the curve district. The unit mix includes (1) studio, (7) one bedroom units, (2) two bedroom units, and (1) three bedroom unit with only a single vacancy! This property has been very well maintained and offers dedicated on-site parking to each tenant, a beautiful interior courtyard with a shared pool, and private patios. The interiors have been updated with quality finishes and are well maintained. Canyon Villas has historically had very good occupancy rates, with most of the current tenants having been renting for 3+ years. Rents are currently below market and the new owner would have the opportunity to increase the NOI, as we have seen steep increases in rental rates over the past 36 months. This is a great opportunity to purchase a near fully leased, income producing asset in the Palm Springs market with very little deferred maintenance. Reach out to Listing Agent for more information and please do not disturb tenants.

2080 S Camino Real, Palm Springs

$600,000
3 Beds 3 Baths 219102222 MLS CLOSED Status
Remodeled duplex in Warm Sands! Two bedroom two bath main unit that has been remodeled with new flooring, front door, new kitchen cabinets, hardware, plumbing fixtures, backsplash, and appliances. Bathrooms have new shower tile, glass enclosures, vanities, lighting, and mirrors. Newly enclosed front courtyard with new gates offer a great space to enjoy the outdoors with privacy. Main unit comes with an alarm system, EV charger and indoor laundry. Studio unit offers tile flooring, large open space, kitchen, and full bathroom. Laundry is in an outdoor closet. Excellent location. Short distance away from shopping, grocery shopping, and restaurants. Studio unit has an annual tenant who is under a year long lease ending in July 2024. Main unit is currently vacant.

545 Calle Amigos 1, Palm Springs

$520,000
3 Beds 2 Baths 219099816 MLS CLOSED Status
(*Accepting Back-Up Offers*) Wow! No HOA fees and plus you will own a large parcel of land. Buy now before the 20% Short Term Rental limit fills! There is a 3-bedroom, 2-bath home which has been beautifully renovated so this is easy to move into for your own use or easy to build your own mini estate. This home offers brand new stainless dishwasher, plus gas stove. New roof, new HVAC, all new dual pane windows and LVP flooring. Expansive mountain views. The back yard is a clean palette and there is plenty of room for a pool plus a casita or an ADU on this spacious 8712 lot. 1-car garage. This is your opportunity to own the Palm Springs zip code in an affordable up and coming neighborhood located minutes from shopping, dining and everything Palm Springs has to offer. The most recent sales comp is 1811 Lawrence St which sold at $750,000 before pool installation. Contact agent today to schedule your personal viewing. Buyer to verify all information.

2112 Lawrence Street, Palm Springs

$989,000
6 Beds 5 Baths 219097531 MLS CLOSED Status
This five-unit residence offers instant income to the new owner. Just the right blend of old and new with plenty of character featuring Vaulted beamed ceilings, concrete or tile floors, lots of storage cabinets, and built-ins. In the Five units, you will find a total of FOUR: 1 Bd /1 Ba units AND ONE: 2 bd /1 ba unit. Each one has its own private walled patio, evaporative cooler, AC, In Wall heater and a full kitchen with all appliances (which are included in the sale). The two-bedroom unit has a fireplace in the living room. This Superior, quiet residential location is in the Racquet Club West neighborhood just five minutes from Palm Springs downtown. The property has been well maintained and continuously updated and improved you'll find nothing to do but start generating revenue. Fully rented, with tenants that wish to stay, you'll only need to decide what you want to do with the two-bedroom unit. Rent it out or use it yourself? Separately metered units for gas and electricity are all in good condition. This totally walled property has ample off-street parking, a laundry room, a generous in-ground pool & a pleasant common area, with low maintenance/ low water landscaping, and stunning views. Rental Income property is in demand, call today.

482 W Pico Road, Palm Springs

$1,400,000
8 Beds 4 Baths 219094949 MLS CLOSED Status
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.

981 E Parocela Place, Palm Springs