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  • MLS#: 25569125PS ( )
  • Street Address: 587 Calle Ajo
  • Viewed: 2
  • Price: $1,500,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1954
  • Bldg sqft: 0
  • Days On Market: 20
  • Additional Information
  • County: RIVERSIDE
  • City: Palm Springs
  • Zipcode: 92264
  • Subdivision: Warm Sands
  • Provided by: Keller Williams Luxury Homes
  • Contact: Brady Brady
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Charming 6 Unit Investment Opportunity in Prime Palm Springs! Located in the highly desirable Warm Sands neighborhood, this well maintained six unit apartment complex offers a rare opportunity just minutes from the best of downtown Palm Springs. The property consists of four one bedroom units and two two bedroom units, each featuring private patios and in unit laundry amenities that significantly enhance tenant appeal. Upgrades include dual pane windows, modern bathrooms, quality flooring, and fir interior doors, making this a turn key investment. The property is fully occupied with long term tenants, reflecting the strong demand in this sought after south end location. With a Cap Rate of 5.89%, this is a solid addition to any investment portfolio.
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Features
Appliances
  1. Dishwasher
  2. Refrigerator
Architectural Style
  1. Traditional
Building Area Total
  1. 4150.00
Construction Materials
  1. Stucco
Cooling
  1. Central Air
Country
  1. US
Direction Faces
  1. East
Flooring
  1. Carpet
  2. Tile
Foundation Details
  1. Slab
Heating
  1. Central
  2. Natural Gas
Inclusions
  1. All attached appliances including washer and dryer
Laundry Features
  1. Washer Included
  2. Dryer Included
Levels
  1. One
Netoperatingincome
  1. 88358.00
Parcel Number
  1. 508121008
Parking Features
  1. Side by Side
  2. Uncovered
Pool Features
  1. Gunite
Postalcodeplus4
  1. 7435
Security Features
  1. Gated Community
Sewer
  1. Sewer Paid
Sourcesystemkey
  1. 25569125PS:CLAW
Spa Features
  1. None
Subdivision Name Other
  1. Warm Sands
Tenant Pays
  1. Cable TV
  2. Gas
  3. Electricity
Totalexpenses
  1. 23499.00
View
  1. Mountain(s)
  2. Pool
Year Built
  1. 1954
Zoning
  1. R2