Palm Springs, CA 92264,575 S Calle Ajo
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$ 815,000
Est. payment | /mo

3 Beds

2 Baths

1,278 SqFt


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$ 815,000
Est. payment | /mo
Save

3 Beds

2 Baths

1,278 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,278 sqft

Price per Sqft $637

Subdivision Warm Sands

MLS Listing ID 219116048PS

Style Victorian

Bedrooms 3

Full Baths 2

Year Built 1936

Lot Size 5,663 Sqft

Property Description

Nestled in the heart of desirable Warm Sands neighborhood, one block off famous Indian Canyon - this historic duplex offers serenity with access a street over to world-class dining, shopping, vibrant nightlife and outdoor adventures.This architectural gem is freshly painted and offers NEW HE Air Conditioning System, window treatments & furniture! Just pack your bag and live almost free with one unit available for rent and one just waiting for you!Upper Unit: Features two spacious bedrooms and is currently unoccupied. With its classic architecture and cozy ambiance, this space offers both comfort and character.Lower Unit: a flexible studio that can also function as a one-bedroom, is rented on a month-to-month basis. Ideal for guests, extended family, or additional income.Expansive lot situated on a generous 6,098 square foot lot, this property presents a myriad of opportunities for expansion. Imagine adding a sparkling pool, or just some outdoor entertainment area furniture, or even additional living spaces--your vision can become a reality here. Cap rate is strong at over 5%. Tenant downstairs is month to month but open to staying. Upper unit is a great vacation rental, and there's lots of storage space that could easily be finished off to add another 400 square feet. Termite report from September, 2024 is clear.Whether you're looking for a solid investment property, a vacation getaway with built income, this is it! Interested parties verify all info thx

Location

State CA

County Riverside

Area Palm Springs South End

Interior

Heating Natural Gas, Wall

Cooling Air Conditioning, Dual

Flooring Ceramic Tile, Mixed, Wood

Inclusions Clear Termite Report dated 9/9/24

Equipment Dryer, Garbage Disposal, Range/Oven, Washer

Laundry In Closet, Laundry Area, On Upper Level, Outside

Exterior

Garage Driveway, Shared Driveway

Garage Spaces 2.0

View Y/N No

Roof Type Clay

Building

Lot Description Back Yard, Fenced, Front Yard, Landscaped, Secluded, Single Lot, Street Lighting, Street Paved

Story 2

Foundation Slab

Sewer In Connected and Paid

Architectural Style Victorian

Structure Type Stucco

Schools

School District Desert Sands Unified

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Wealth Partners Real Estate
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California, 91214-1304, USA

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575 S Calle Ajo