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Pinnacle Realty Advisors

support@pinnaclera.com +1(972) 338-5441

Listed by BRIAN DROZE • BPO HOMES INC.

$ 1,199,000

Est. payment -/mo

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Active

583 S Calle Abronia Palm Springs, CA 92264

6,098 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRIG25076428

Style Bungalow

Year Built 1936

Lot Size 6,098 Sqft

Property Sub-Type Fourplex

Source California Regional MLS

Property 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. I

Location

State CA

County Riverside

Area 334 - South End Palm Springs

Rooms

Kitchen Dishwasher, Other, Oven Range - Gas, Refrigerator, Oven - Gas

Interior

Heating Other, Wall Furnace , Central Forced Air

Cooling Central AC, Other, Window / Wall Unit

Flooring Laminate

Laundry Washer, Washer/Dryer - Owned, Dryer

Exterior

Pool 31, None

View Hills, Local/Neighborhood

Building

Story One Story

Foundation Brick / Mortar Perimeter, Concrete Perimeter

Water District - Public

Architectural Style Bungalow

Others

Tax ID 508124012

Special Listing Condition Not Applicable