975 Camino Parocela, Palm Springs, CA 92264
  • MLS#: 24421577 ( )
  • Street Address: 975 Camino Parocela
  • Viewed: 1
  • Price: $1,795,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1957
  • Bldg sqft: 0
  • Days On Market: 46
  • Additional Information
  • County: RIVERSIDE
  • City: Palm Springs
  • Zipcode: 92264
  • Subdivision: Warm Sands
  • Provided by: Berkshire Hathaway HomeServices California Propert
  • Contact: Rick Rick
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Located in the prime and sought after Warm Sands area, in desirable South Palm Springs. This mid century modern 5 unit garden style property has many possibilities. All 5 units will be delivered vacant and fully furnished upon closing. It can be run as a hotel, apartment building or live in one unit and rent out the rest. The City of Palm Springs has approved the property for conversion to a boutique hotel once specific upgrades are completed. Building permit and architectural plans to be transferred to the buyer upon closing. Currently the property is rented seasonally to snowbirds. There are no under market rents that you have to wait years to improve. Five units total, four 1bd/1ba and one 2bd/2ba. Detached front unit includes living room with fireplace, 1 bedroom + 1 bath, kitchen, dining area, private patio, and mountain views. Four additional units include three 1 bedroom + 1 bath units and one 2 bedroom + 2 bath unit. All four remaining units have living rooms, vintage Mid Century Modern kitchens, breakfast bars, and dining areas. All overlook garden areas and most have private patios. Gated pool, spa, and patio area. Minutes to the many fine shops and restaurants in the downtown village area of Palm Springs. Included in the purchase price are all appliances, exterior patio furniture, interior furnishings, and household items. The perfect desert retreat! 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. 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.
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Features
Accessibility Features
  1. No Interior Steps
Appliances
  1. Barbecue
  2. Disposal
  3. Microwave
  4. Refrigerator
  5. Vented Exhaust Fan
  6. Oven
  7. Range Hood
  8. Range
Architectural Style
  1. Mid Century Modern
Building Area Total
  1. 3764.00
Carport Spaces
  1. 0.00
Construction Materials
  1. Stucco
Cooling
  1. Evaporative Cooling
  2. Electric
  3. Wall/Window Unit(s)
Country
  1. US
Direction Faces
  1. North
Door Features
  1. Sliding Doors
Entry Location
  1. Living Room
Exclusions
  1. To be determined at time of sale.
Fireplace Features
  1. Gas
  2. Gas Starter
  3. Wood Burning
  4. Living Room
  5. Raised Hearth
Flooring
  1. Tile
  2. Laminate
Foundation Details
  1. Slab
Garage Spaces
  1. 0.00
Heating
  1. Central
  2. Forced Air
  3. Natural Gas
Inclusions
  1. AT SELLER'S SOLE DISCRETION: ALL: Appliances
  2. Interior Furnishings
  3. Exterior Patio Furniture
  4. Exterior Potted Plants.
Interior Features
  1. Ceiling Fan(s)
  2. Furnished
Laundry Features
  1. Washer Included
  2. Dryer Included
  3. Community
  4. Individual Room
  5. Outside
Levels
  1. One
Lockboxtype
  1. None
Lot Features
  1. Rectangular Lot
  2. Misting System
  3. Utilities - Overhead
  4. Corners Marked
  5. Back Yard
Netoperatingincome
  1. 105993.00
Other Structures
  1. Shed(s)
Parcel Number
  1. 508146002
Parking Features
  1. Private
Pool Features
  1. Fenced
  2. Filtered
  3. Gunite
  4. In Ground
  5. Heated
  6. Private
Postalcodeplus4
  1. 7605
Roof
  1. Foam
Security Features
  1. Carbon Monoxide Detector(s)
  2. Smoke Detector(s)
  3. Gated Community
Sewer
  1. Other
  2. Sewer Paid
Sourcesystemkey
  1. 24-421577:CLAW
Spa Features
  1. Gunite
  2. Heated
  3. In Ground
  4. Private
Subdivision Name Other
  1. Warm Sands
Totalexpenses
  1. 39207.00
Uncovered Spaces
  1. 5.00
View
  1. Mountain(s)
  2. Hills
Virtual Tour Url
  1. http://www.postrain4.com/berkshire/975caminoparocela/mls.php
Water Source
  1. Public
Window Features
  1. Custom Covering
  2. Drapes
  3. Plantation Shutters
  4. Screens
  5. Blinds
  6. Shutters
Year Built
  1. 1957
Year Built Source
  1. Assessor
Zoning
  1. R2