Palm Springs, CA 92264,975 E Camino Parocela
Palm Springs, CA 92264,975 E Camino Parocela
Palm Springs, CA 92264,975 E Camino Parocela
Palm Springs, CA 92264,975 E Camino Parocela
Palm Springs, CA 92264,975 E Camino Parocela
Palm Springs, CA 92264,975 E Camino Parocela
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$ 1,795,000
Est. payment | /mo

3,764 SqFt


$ 1,795,000
Est. payment | /mo

3,764 SqFt

OPEN HOUSE

Sun Nov 17, 12:00pm - 3:00pm

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 3,764 sqft

Price per Sqft $476

MLS Listing ID CL24421577

HOA Y/N No

Year Built 1957

Lot Size 9,583 Sqft

Acres 0.22

Property 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 pati

Location

State CA

County Riverside

Area Listing

Zoning R2

Interior

Heating Forced Air, Natural Gas, Other

Cooling Other, Evaporative Cooling, Wall/Window Unit(s)

Flooring Laminate, Tile

Fireplace No

Appliance Dryer

Laundry Community Facility, Dryer, Laundry Room, Washer, Other

Exterior

Utilities Available Other Water/Sewer

View Y/N true

View Hills, Mountain(s)

Handicap Access Other

Parking Type Private

Building

Lot Description Other, Back Yard

Water Public, Other

New Construction No

Others

Tax ID 508146002

Bridge MLS
Listed by Rick Chimienti • Berkshire Hathaway HomeServices California Properties
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975 E Camino Parocela

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