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975 E Camino Parocela

Palm Springs, CA 92264

– beds
– baths
– sqft
9,583 sqft lot
1957 build
– on site

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.

Listed By CRMLS_CA / Rick Chimienti / Berkshire Hathaway HomeServices California Properties

Last checked: Checking… • Last updated Nov 14, 2024 •

MLS# 24421577 —

The Building

Year Built:

1957
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Stucco
Architectural Style:

Mid Century Modern
Roof:

Foam
Foundation:

Slab
Accessibility Features:

No Interior Steps
Faces:

North
Building Area Total:

3764.00
# of Buildings:

3
Total Number Of Units:

5
Stories Total:

1
# of Separate Gas Meters:

5
# of Separate Water Meters:

1
# of Separate Electric Meters:

5

Interior

Features:

Ceiling Fan(s), Furnished
Levels:

One
Entry Location:

Living Room
Door Features:

Sliding Doors
Window Features:

Custom Covering, Drapes, Plantation Shutters, Screens, Blinds, Shutters
Flooring:

Tile, Laminate
Fireplace:

Yes
Fireplace:

Gas, Gas Starter, Wood Burning, Living Room, Raised Hearth
Laundry:

Washer Included, Dryer Included, Community, Individual Room, Outside
Laundry:

1

Location

Directions:

South of Ramon Road, North of East Sunny Dunes Road, East of South Camino Real, West of South Warm Sands Drive
Latitude:

33.81418000
Longitude:

-116.53716500

The Property

Property Type:

Residential Income
Zoning:

R2
Lot Features:

Rectangular Lot, Misting System, Utilities - Overhead, Corners Marked, Back Yard
Lot Size Area:

9583.0000
Lot Size Dimensions:

100x100
Lot Size Acres:

0.2200
Lot Size SqFt:

9583.00
View:

1
View:

Mountain(s), Hills
Security Features:

Carbon Monoxide Detector(s), Smoke Detector(s), Gated Community
Exclusions:

To be determined at time of sale.
Additional Parcels:

No
Other Structures:

Shed(s)
Land Lease:

No

Listing Agent

Contact info:

The Listing

Virtual Tour
Special Listing Conditions:

Standard
Parcel Number:

508146002
Showings Begin:

2024-09-30

Heating & Cooling

Heating:

1
Heating:

Central, Forced Air, Natural Gas
Cooling:

Yes
Cooling:

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

Utilities

Sewer:

Other, Sewer Paid
Water Source:

Public

Appliances

Appliances:

Barbecue, Disposal, Microwave, Refrigerator, Vented Exhaust Fan, Oven, Range Hood, Range
Included:

Yes

The Community

Subdivision:

Warm Sands
Subdivision:

Warm Sands
Senior Community:

No
Pool:

Fenced, Filtered, Gunite, In Ground, Heated, Private
Private Pool:

Yes
Spa:

1
Spa Features:

Gunite, Heated, In Ground, Private
Inclusions:

AT SELLER'S SOLE DISCRETION: ALL: Appliances, Interior Furnishings, Exterior Patio Furniture, Exterior Potted Plants.
Association:

No
Assessments:

No

Parking

Parking:

Yes
Parking:

Private
Parking Spaces:

5.00
Uncovered Spaces:

5.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/25/24 Oct 25, 2024	Price Changed	CRMLS_CA	$1,795,000	-5.3%
9/30/24 Sep 30, 2024	Listed / Active	CRMLS_CA	$1,895,000	14.8% (5.3% / YR)
12/16/21 Dec 16, 2021		CRMLS_CA	$1,650,000	10.4%

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This multifamily located in Warm Sands, Palm Springs, CA 92264 is currently for sale for $1,795,000. 975 E Camino Parocela is a – square foot multifamily with – beds and – baths that has been on Estately for 55 days. 975 E Camino Parocela is in the Warm Sands neighborhood of Palm Springs and has a WalkScore® of 56, making it somewhat walkable. This multifamily is in the attendance area of Palm Springs High School, Raymond Cree Middle School, and Cahuilla Elementary School.

Listing Courtesy of: CRMLS_CA and Berkshire Hathaway HomeServices California Properties. Based on information from California Regional Multiple Listing Service, Inc. as of 23:55 on Nov 23.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.