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  • MLS#: IG25076428 ( Quadruplex )
  • Street Address: 583 Calle Abronia
  • Viewed: 2
  • Price: $1,199,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1936
  • Bldg sqft: 0
  • Days On Market: 40
  • Additional Information
  • County: RIVERSIDE
  • City: Palm Springs
  • Zipcode: 92264
  • Subdivision: Warm Sands (33520)
  • Provided by: BPO HOMES INC.
  • Contact: BRIAN BRIAN
  • California Regional MLS IDX
  • DMCA Notice
  • 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 into your profitable income property or your private oasis or why not a bit of both? Opportunities are knocking; make sure you're home!
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Features
Appliances
  1. Dishwasher
  2. Gas Oven
  3. Gas Range
  4. Gas Water Heater
  5. Refrigerator
Architectural Style
  1. Bungalow
Assessments
  1. Sewer Assessments
  2. Buyer to Verify
Building Area Total
  1. 2458.00
Cable Tv Expense
  1. 0.00
Commoninterest
  1. None
Common Walls
  1. 1 Common Wall
Cooling
  1. Central Air
  2. ENERGY STAR Qualified Equipment
  3. Wall/Window Unit(s)
Country
  1. US
Electric
  1. 220 Volts
Electric Expense
  1. 360.00
Fencing
  1. Wood
Fireplace Features
  1. None
Flooring
  1. Laminate
  2. Tile
Foundation Details
  1. Brick/Mortar
  2. Concrete Perimeter
Fuel Expense
  1. 30.00
Furniture Replacement Expense
  1. 0.00
Garage Spaces
  1. 0.00
Gardner Expense
  1. 0.00
Heating
  1. Central
  2. Ductless
  3. High Efficiency
  4. Wall Furnace
Inclusions
  1. Refrigerator
  2. Stove/Oven
  3. Washer/Dryers
Insurance Expense
  1. 4000.00
Laundry Equipment Own Lease
  1. Own
Laundry Features
  1. Dryer Included
  2. Washer Included
Laundry Income
  1. 0.00
Levels
  1. One
Lockboxtype
  1. None
Lot Features
  1. 2-5 Units/Acre
Netoperatingincome
  1. 87717.00
Parcel Number
  1. 508124012
Pool Features
  1. None
Postalcodeplus4
  1. 0702
Property Type
  1. Quadruplex
Road Frontage Type
  1. City Street
Road Surface Type
  1. Paved
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 435901622:CRM
Spa Features
  1. None
Subdivision Name Other
  1. Warm Sands (33520)
Tenant Pays
  1. Cable TV
  2. Electricity
  3. Gas
  4. Telephone
Totalexpenses
  1. 6835.00
Trash Expense
  1. 1380.00
Utilities
  1. Cable Connected
  2. Electricity Connected
  3. Natural Gas Connected
  4. Phone Connected
  5. Sewer Connected
  6. Water Connected
View
  1. Mountain(s)
  2. Neighborhood
Water Sewer Expense
  1. 1080.00
Water Source
  1. Public
Year Built
  1. 1936
Year Built Source
  1. Assessor
Zoning
  1. R2