$400,000
$419,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
1,175 SqFt
SOLD DATE : 05/08/2023
Key Details
Sold Price $400,000
Property Type Condo
Listing Status Sold
Purchase Type For Sale
Square Footage 1,175 sqft
Price per Sqft $340
MLS Listing ID IV23036334
Sold Date 05/08/23
Style All Other Attached
Bedrooms 2
Full Baths 2
HOA Fees $450/mo
HOA Y/N Yes
Year Built 1984
Lot Size 1,307 Sqft
Acres 0.03
Property Description
Remodeled Ground Floor Condo in Beautiful Palm Springs, CA! The condo is nearly completely remodeled from top to bottom with new paint, floors, appliances, kitchen, bathroom fixtures, and comes fully furnished (with right offer). 2 Spacious Bedrooms, 2 Bathrooms, private Laundry and Low HOA! The Association dues include building maintenance, community maintenance, 4 association pools, Tennis, water, Internet, Cable TV, trash, and much more. You are located in an area of Palm Springs that is close to everything. Minutes to downtown and the airport. This unit is almost 100% occupied during the year generating nearly $4,000 a month income. Pro Rata at $150 a night would easily increase profits to $52,000 annual gross income. The numbers speak for themselves. This would be perfect for an AirBnB portfolio investor, Split-Year owner-user, or simply a perfect retirement home. Expand your rental exposure to include VRBO, Orbitz, Self Sustaining Website, and More! Don't forget this is NOT LEASED LAND! You own it. Perfect if you need a 1031 exchange. Buy this unit and earn immediate income.
Remodeled Ground Floor Condo in Beautiful Palm Springs, CA! The condo is nearly completely remodeled from top to bottom with new paint, floors, appliances, kitchen, bathroom fixtures, and comes fully furnished (with right offer). 2 Spacious Bedrooms, 2 Bathrooms, private Laundry and Low HOA! The Association dues include building maintenance, community maintenance, 4 association pools, Tennis, water, Internet, Cable TV, trash, and much more. You are located in an area of Palm Springs that is close to everything. Minutes to downtown and the airport. This unit is almost 100% occupied during the year generating nearly $4,000 a month income. Pro Rata at $150 a night would easily increase profits to $52,000 annual gross income. The numbers speak for themselves. This would be perfect for an AirBnB portfolio investor, Split-Year owner-user, or simply a perfect retirement home. Expand your rental exposure to include VRBO, Orbitz, Self Sustaining Website, and More! Don't forget this is NOT LEASED LAND! You own it. Perfect if you need a 1031 exchange. Buy this unit and earn immediate income.
Location
State CA
County Riverside
Area Riv Cty-Palm Springs (92264)
Zoning RGA
Interior
Interior Features Balcony, Formica Counters, Furnished
Cooling Central Forced Air
Flooring Linoleum/Vinyl, Tile
Equipment Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Oven, Electric Range
Appliance Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Oven, Electric Range
Laundry Inside
Exterior
Parking Features Assigned
Fence Other/Remarks
Pool Association
Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Sewer Available, Water Available, Sewer Connected, Water Connected
View Mountains/Hills
Roof Type Other/Remarks
Total Parking Spaces 1
Building
Lot Description Curbs
Story 2
Lot Size Range 1-3999 SF
Sewer Public Sewer, Sewer Paid
Water Public
Architectural Style Custom Built
Level or Stories 1 Story
Others
Monthly Total Fees $471
Acceptable Financing Cash, Conventional, Land Contract, Cash To New Loan
Listing Terms Cash, Conventional, Land Contract, Cash To New Loan
Special Listing Condition Standard
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Bought with NON LISTED AGENT • NON LISTED OFFICE
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