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975 E Camino Parocela

Palm Springs, CA 92264

$1,995,000

| 3,764 sq. ft.

Status: Active Area: 334 - South End Palm Springs
Year Built: 1957 MLS#: 25533215

Description

This unique 5-unit compound is located in the prime and much sought-after Warm Sands area of South Palm Springs. Centrally located and close to the Downtown Palm Springs Village. Fully gated & secure. Classic Mid-Century Modern architecture Garden-Style apartment complex. It can be operated as an apartment building, or live in one unit and rent out the rest, or convert it to a boutique hotel. Minutes to the many fine shops and restaurants on Palm Canyon Drive. The perfect desert retreat! Five units total, four 1bd/1ba and one 2bd/2ba. The front unit is a detached house that has a living room with a modern rock fireplace, kitchen with a dining area, private patio with mountain views, and is 1-bedroom, 1-bath. The additional units include three 1-bedroom/1-bath units and one 2-bedroom/2-bath unit. All of these units have living rooms, impeccably maintained vintage Mid-Century Modern kitchens with original metal cabinets, breakfast bars, and dining areas. All overlook central garden areas and all have private back patios. The newly renovated pool has a large patio area with mountain views, all new pool equipment in a secure equipment area. A facilities-only electrical line was added for the grounds, the pool and laundry room. Included in the purchase price are all appliances (refrigerators, ovens, stoves, washer, dryer). All 5 units are separately metered. Buyer to co-operate with "possible" Seller's 1031 Tax Deferred Exchange at no cost to Buyer. Broker, Broker's Agents, & Sellers do not represent and/or guarantee the accuracy of the square footage, permitted or unpermitted space, bedroom/bath count, lot size/dimensions, schools, or any other information concerning the conditions or features of the property & surrounding area, including property income. The buyer is advised to independently verify the accuracy of all information through personal inspection and/or investigation with appropriate professionals to satisfy themselves regarding all material issues of the subject property etc.

Features

    Other Rooms: Living Room Appliances: Disposal, Refrigerator, Oven, Gas Oven, Range, Range Hood
    Fireplace Rooms: Gas, Gas Starter, Living Room, Wood Burning, Raised Hearth
    Heating: Fireplace(s), Wall Furnace, Natural Gas
    Cooling: Electric
    Structure Type: Mid Century Modern
    Association Amenities: N/A
    Pool Descriptions: Fenced, Filtered, Gunite, Heated, In Ground, Tile, Private
    Price/sqft: $530
    Parking Spaces: 5
    Total Floors: 1

Listing is Courtesy of: Underwood Mortgage Group | Use of this site means you agree to the Terms of Use

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by Multi-Regional Multiple Listing Service, Inc. ("MRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and MRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.