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. it’s 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!
Property Type
ResidentialCounty
RiversideStyle
BungalowAD ID
49297368
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 4
Bathroom Information
- Total Baths: 4
- Full Baths: 4
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Interior Features: Ceiling Fan(s),All Bedrooms Down
- Property Appliances: Dishwasher,ENERGY STAR Qualified Appliances,ENERGY STAR Qualified Water Heater,Gas Oven,Gas Range,Gas Water Heater,Microwave,Refrigerator,Range Hood,Water Heater,Dryer,Washer
- Fireplace: None
- Flooring: Laminate
Cooling Features
- Ductless,ENERGY STAR Qualified Equipment,See Remarks
- Air Conditioning
Heating Source
- Ductless,ENERGY STAR Qualified Equipment
- Has Heating
Energy
- Green Energy: Appliances,Water Heater
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1936
- Construction: Adobe,Drywall,Concrete
Foundation
- Concrete Perimeter
Security Features
- Carbon Monoxide Detector(s),Smoke Detector(s)
Pool Features
- None
Laundry Features
- Washer Hookup,Outside,Stacked
Patio And Porch
- Rear Porch,Covered,Front Porch,Patio
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.14
- Lot Size Source: Assessor
- Lot Size Square Feet: 6098
-
Listing Information
Listing Price Information
- Original List Price: 1,199,000
- Listing Contract Date: 2025-04-08
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 508124012
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 334 - South End Palm Springs
- Postal Code Plus 4: 0702
- Directions: Palm Cyn Dr, Left on Ramon and Right on Calle Abronia
- Zoning: R2
- Source Property Type: Residential
- Area: 334 - South End Palm Springs
- Property SubType: Duplex
Building and Construction
- Property Age: 89
- Common Walls: 1 Common Wall
- Property Condition: Additions/Alterations
- Structure Type: Duplex
- Year Built Source: Assessor
- Total Square Feet Living: 2459
- Entry Level: 1
- Entry Location: Front
- Property Attached: Yes
- Levels or Stories: One
- Building Total Stories: 1
- Structure Type: Duplex
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BuyOwner last updated this listing 06/14/2025 @ 02:59
- MLS: IG25069123
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 4 bedrooms which is for sale, it has 2,459 sqft, 6,098 sized lot, and 0 parking. are nearby neighborhoods.