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Overview

MLS # 219116048PS
Listed on 2024-08-30
Status Active
Price $799,500
Type Residential Income
Size of home 1,278 sq ft
Beds / Baths 3 / 2.00
Size of lot 5,663 sq ft
Neighborhood Warm Sands
Location address 575 S Calle Ajo
Palm Springs 92264

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

General Information

School District Desert Sands Unified
Original List Price $849,000
Price Per Sq/Ft $626
Furnished No
Land Type Fee
Land Lease Expires N/A
Pool Yes
Spa Yes
Year Built 1936
Flooring Ceramic Tile, Mixed, Wood
Appliances Oven-Gas, Range
Laundry In Closet, Laundry Area, On Upper Level, Outside
Fireplace No
Heating Type Natural Gas, Wall
Cooling Type Air Conditioning, Dual
Parking Spaces 2
Parking Type Driveway, Shared Driveway

Courtesy of: Lea Wiviott Boracchia / Wealth Partners Real Estate

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