518 S El Cielo Road

    Palm Springs, CA 92264
    • $675,000
    • STATUS: Active Under Contract
    • ON SITE: 63 days
    • ID#: 19452908PS
    Under Contract
    UPDATED: 72 min ago
    $675,000
    • 0
      BEDS
    • 0.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,900
      SQFT
    • $355
      $/SQFT
    Type:
    Multi-Family
    Built:
    1955
    County:

    School Ratings & Info

    Description

    A lucrative opportunity to own an already remodeled triplex in the vibrant Palm Springs market. A well improved and reimagined resort style property. This income-generating asset is comprised of 2 buildings, which offer three very private units. Property is delivered vacant. Secluded pool and spa nested behind the hedges and gates of the property. Top notch remodel and appliances; from the Viking Stove to the high-end bathroom & shower finishes, nothing has been overlooked. Great location right off Ramon Rd. This real estate gem is now offered to qualified investors or future homeowners looking for a compound.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-18T09:31:24.847. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.sonyathebroker.com/homes/93738524

    518 S El Cielo Road Palm Springs, CA 92264

    • Price: $675,000
    • Status: Active Under Contract
    • Updated: 72 min ago
    • ID#: 19452908PS
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.22
    Acres
    1,900
    SQFT
    $355
    $/SQFT
    1955
    Built
    Neighborhood:
    Not in A Development (Not in A Development)
    County:
    Riverside
    Area:
    334 - South End Palm Springs
    Property Description
    A lucrative opportunity to own an already remodeled triplex in the vibrant Palm Springs market. A well improved and reimagined resort style property. This income-generating asset is comprised of 2 buildings, which offer three very private units. Property is delivered vacant. Secluded pool and spa nested behind the hedges and gates of the property. Top notch remodel and appliances; from the Viking Stove to the high-end bathroom & shower finishes, nothing has been overlooked. Great location right off Ramon Rd. This real estate gem is now offered to qualified investors or future homeowners looking for a compound.
    Exterior Features

    Lot Size Units Square Feet Parking Features Gated Parking YN Yes

    Interior Features

    Appliances Refrigerator Appliances YN Yes

    Property Features

    Association Amenities Other Association YN Yes Gross Multiplier 0.00 Gross Operating Income 43320.00 Improvements Amount 232000 Land Lease YN No Land Value 78000 Net Operating Income 27756.00 Special Listing Conditions Standard Subdivision Name Other Not in A Development (Not in A Developme Total Expenses 15564.00 Zoning R2

    Listing provided courtesy of P. Tomov of Coldwell Banker Residential Br and Michael Romberg of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-18T09:31:24.847. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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