Welcome to this stunning duplex located in one of Palm Springs' most desirable neighborhoods. This versatile property is ideal as a primary residence (or 2nd home), rental income property, or short-term rental (buyer to verify with City pertaining to allowance of SRT, permits, fees, etc). The front house features three spacious bedrooms and three modern bathrooms, along with a newly updated kitchen complete with sleek cabinets and countertops installed in 2022. The interior boasts new flooring throughout, providing a fresh and contemporary feel. The second unit offers one bedroom and one bathroom, as well as a convenient kitchenette, making it perfect for guests or as an income-generating rental. The outdoor amenities are equally impressive, with a new pool and spa built in 2022, featuring a heated pool with soothing waterfalls for ultimate relaxation. The property also includes solar panels with two backup batteries installed in 2024, ensuring energy efficiency and significant savings. For those who love to entertain, there is a custom-built barbecue area, ideal for hosting gatherings. Additionally, the property comes with a detached two-car garage and a huge driveway that provides ample parking. This exceptional property offers a unique opportunity to enjoy the sunny Palm Springs lifestyle while benefiting from the flexibility to generate income. Don’t miss out on this gem in a prime location!
This beautiful 1990's Spanish apartment building features 5 units, all 2-2. Two units are free standing. The building has 100% occupancy with high demand for rental units in this highly desirable area -Palm Springs neighborhood (Sunrise Park) just a short walk to the new College of the Desert, the Cultural Center (Camelot Theatre), restaurants including John Henry's, Ralphs, CVS, Eisenhower Urgent Care, and much more. The owners 'pride of ownership' shows by his remodeling and upgrading of every unit over the last several years, including granite counter tops in all kitchens, stainless steel appliances including refrigerators and built in microwaves, matching granite counters in all bathrooms. The buildings 1990's construction means lower maintenance costs for the owner and desirable features for tenants with dual pane windows, good insulation, 2 off-street parking places per unit, private patios and on-site laundry.
Prime Investment or Multi-Generational Gem in Historic Tennis Club! Discover a rare opportunity in the heart of Palm Springs, just two blocks from the vibrant downtown scene where shopping, dining, and year-round events await! This charming 4-plex, nestled in the prestigious Historic Tennis Club neighborhood, offers (4) 1-bedroom, 1-bathroom apartments -- three on the main level and one with a stunning San Jacinto Mountain view upstairs. Off-street parking and a relaxing spa are just the start of this exceptional property. Surrounded by multi-million dollar homes and upscale developments, this property is an incredible investment opportunity with endless potential. The back unit, once the owner's, is beautifully updated with modern touches, including its own stacked washer and dryer. Each unit has generous closet space, making the apartments as functional as they are comfortable. The central location puts you just minutes from hiking and biking trails, the Palm Springs Art Museum, and so much more. See what this property holds for you.
Welcome to Blackhaus, the latest gem in AvantStay's Palm Springs collection, joining the ranks of The Wesley, The Marley, Hotel El Cid,and The Monkey Tree Hotel. Designed by renowned architect Chris Pardo from Elemental Architecture, Blackhaus offers a unique blendof modern luxury and flexibility, catering to the evolving needs of group travel.Blackhaus redefines the vacation rental experience with its ''hotelstyle asset'' concept, providing the option to book individual suites,multiple suites, or even the entire hotel for exclusive use. Ideal for weddings, reunions, bachelor or bachelorette parties, and corporateretreats, this stylish haven features four separate buildings with a total of 16 bedrooms, accommodating up to 40 guests.Guests who opt for a complete buyout can enjoy the entire property, ensuring total privacy and access to top-notch amenities. The cleanand contemporary bedrooms are equipped with high-end bedding, plush towels, luxury toiletries, flat-screen televisions, and privatepatios. The expansive shared areas are designed for socializing and relaxation, featuring a sparkling pool, cozy fireplaces, outdoorcooking spaces, and multiple bocce ball courts.Whether you're seeking a serene escape or a vibrant gathering spot, Blackhaus offers the perfect backdrop for creating unforgettable memories with your group. Enjoy seamless contactless check-in and the flexibility to tailor your stay to fit your group's unique needs.
Discover endless possibilities with this move-in ready, fully renovated estate, ideal as a family compound, high-income rental, or ultimate entertainment venue. Set on almost a half an acre of gated, lushly hedged property, this estate offers multiple living spaces, premium amenities, and exceptional flexibility. Boasting newer fully owned SOLAR System and car charging station, the 1,500-square-foot main house offers 3 bedrooms and 2 bathrooms, all showcasing a beautifully remodeled, open-concept design with high vaulted, beamed ceilings and warm finishes. Stylish tile flooring throughout mimics the look of wood, adding elegance and durability. The gourmet kitchen is a chef's dream, equipped with sleek granite countertops, a spacious center island, Sub-Zero refrigerator, and a GE Monogram range and oven. A detached 700-square-foot guesthouseconveniently connected to the 5-car garage/game roomoffers 1 bedroom, 1 bathroom, a full kitchen, and direct access to the pool, perfect for guests or rental income. Additionally, there's a 464-square-foot studio casita, complete with 1 bedroom and a wet bar/kitchenette, ideal as an office, gym, or additional guest space. The backyard is a private oasis, designed for both relaxation and entertainment. Take in the breathtaking mountain views from various outdoor seating areas, including a cozy fire pit lounge, BBQ area, and tanning shelf within the sparkling pebble tec pool, which features Wi-Fi-controlled functions, a salt saline system, an electric cover, and heat pump. The pool is completed with Jets to allow the pool to double as a gigantic spa! Completing this entertainer's paradise is a finished, game room that doubles as a storage space or garage for up to four cars, plus a separate single-car garage. The property has dual gated driveways with parking for approximately 25 vehicles. Additional upgrades include smooth stucco exterior walls, dual- and quad-pane windows, French doors, wood plank exterior ceilings, and recessed lighting along the perimeter. With its blend of luxury, functionality, and privacy, this estate is truly one-of-a-kind, offering an extraordinary lifestyle for family gatherings, hosting, or income potential.
Courtesy: Socalhomeshop Inc.
Courtesy: Century 21 Masters
PROPERTY UPDATE: Temporarily "OFF THE MARKET" while undergoing "REMODELING & UPDATING". Will return to the market in early 2025 at a higher list price. Any questions: Contact Listing Agent Rick Chimienti at (310) 985-3420. Do not go onto the property. Do not disturb construction workers working on the property. Do not contact or disturb Sellers/Owners. 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.
Welcome to this stunning duplex, completely renovated, top to bottom in a stunning contemporary design, in one of Palm Springs' most desirable neighborhoods, Warm Sands. This versatile property is ideal as a primary residence with rental income, or 2nd home, or short-term rental (buyer to verify with city). Property is fully enclosed and private with custom steel gates, new low maintenance landscaping, astro turf, and freshly laid concrete for 4 parking spaces in front and passageways. Renovations include HVAC and ducting, water heaters, drywall throughout, electrical and plumbing, switches and dimmers, recessed lighting and cabinetry throughout. Brand new appliances, including washer and dryer in each unit. Front unit is 1 bedroom, 1bath and the rear unit is a spacious 1 bedroom with 2 baths. Both entrances are on the side with combo locks. Both units have a firepit. Separate meters for gas and electric. Not a single detail has been overlooked. You will be amazed.
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
INVESTMENT OPPORTUNITY!!!! In the heart of Palm Springs this 4 bedroom, 3 bathroom single family home offers unparalleled versatility, boasting dual functionality as a licensed residential care facility for the elderly or use as a private residence! Whether you envision it as your personal residence or leverage its potential as a residential income property, this move in ready gem is ready to meet your needs! KEY FEATURES INCLUDE: A comfortable and compliant care environment; VAST mountain views providing a serene and picturesque backdrop for both residents and homeowners; Situated on a spacious wrap around lot. This Home can truly become your own family compound! Energy efficient leased solar system, adding value and sustainability with No HOAs! Featuring a an open floorplan, modern amenities, updated kitchen and bathrooms, nicely appointed separation of bedrooms. Not to be forgotten is the interior laundry room and plentiful two car garage! Perfect for a full time residence and income generating investment. Convenient access to local amenities, shopping, dining and recreational activities, making it an appealing choice for personal and professional use. If purchasing as a care facility, the Seller is open to negotiating the transfer of the business and will assist with Licensing.This property is not just a home; It's an investment in your future and a chance to enjoy comfort as a personal residence or professional use....OR BOTH!
Exceptional investment opportunity in the heart of Palm Springs - walking distance to downtown. Two neighboring (4) Four-unit Apartment Buildings being offered individually for sale, providing stable income and future value-add opportunity -- buy one or buy them both for increased ROI. Each building (4-plex) offers Four sizable 2-bedroom/2-bath apartments, each with private patios, its own washer/dryer and enclosed 1-car garage. Upstairs units have amazing mountain views! Building is 4,372 SF on a 7,841 SF lot. The community is comprised of Four Buildings (each a 4-plex) with a shared pool. Landscape and pool maintenance expenses are shared between the 4 buildings. Currently 100% occupied with great historic occupancy rates. Some rents are currently below market and the new owner would have the opportunity to increase the NOI, as rental rates have increased significantly over the last 36 months. This is a great opportunity to purchase a fully leased, income producing asset in the VERY HOT Palm Springs market. Palm Springs and the Coachella Valley are experiencing a period of massive growth - don't miss out! Reach out to Listing Agent for more information. Please do not disturb the tenants.
Exceptional investment opportunity in the heart of Palm Springs - walking distance to downtown. Two neighboring (4) Four-unit Apartment Buildings being offered individually for sale, providing stable income and future value-add opportunity -- buy one or buy them both for increased ROI. Each building (4-plex) offers Four sizable 2-bedroom/2-bath apartments, each with private patios, its own washer/dryer and enclosed 1-car garage. Upstairs units have amazing mountain views! Building is 4,048 SF on a 9,583 SF lot. The community is comprised of Four Buildings (each a 4-plex) with a shared pool. Landscape and pool maintenance expenses are shared between the 4 buildings. Currently 100% occupied with great historic occupancy rates. Some rents are currently below market and the new owner would have the opportunity to increase the NOI, as rental rates have increased significantly over the last 36 months. This is a great opportunity to purchase a fully leased, income producing asset in the VERY HOT Palm Springs market. Palm Springs and the Coachella Valley are experiencing a period of massive growth - don't miss out! Reach out to Listing Agent for more information. Please do not disturb the tenants.
PALM SPRINGS HOTEL: Extremely rare Palm Springs hotel opportunity with a total of 25 bedrooms - 12 units each with their own Kitchen and Laundry. Manager's Office/Lobby, community bathroom and 3 cabana locations. Eleven units are 2 bedroom and 2 bath and one is a 3/3 Penthouse. Situated in the highly desirable neighborhood connecting Central and South Palm Springs next to the recently completed Cody Place, where units sell over $1M. Just a block east of South Palm Canyon Drive, the location offers easy access to shopping, dining, entertainment, and medical facilities near historic Downtown Palm Springs. Featuring gated controlled access, ample parking, a luxurious pool and spa, koi pond, private patio/BBQ area, and an open courtyard, the property provides a perfect blend of comfort and entertainment. Modern amenities such as keyless entry, plank and carpet flooring, stainless steel appliances, and central air conditioning enhance the living experience. Besides as a hotel, there is also an ability to condo map the building and sell off as condos at a later date for a significant return. Whether you're a first-time purchaser, seasoned investor, or considering a 1031 exchange, 588 E San Lorenzo Road stands as a prime income-producing investment in the thriving Palm Springs real estate market. Current loan is assumable at rate of 4.75%.
PALM SPRINGS HOTEL: Extremely rare Palm Springs hotel opportunity with a total of 25 bedrooms - 12 units each with their own Kitchen and Laundry. Manager's Office/Lobby, community bathroom and 3 cabana locations. Eleven units are 2 bedroom and 2 bath and one is a 3/3 Penthouse. Situated in the highly desirable neighborhood connecting Central and South Palm Springs next to the recently completed Cody Place, where units sell over $1M. Just a block east of South Palm Canyon Drive, the location offers easy access to shopping, dining, entertainment, and medical facilities near historic Downtown Palm Springs. Featuring gated controlled access, ample parking, a luxurious pool and spa, koi pond, private patio/BBQ area, and an open courtyard, the property provides a perfect blend of comfort and entertainment. Modern amenities such as keyless entry, plank and carpet flooring, stainless steel appliances, and central air conditioning enhance the living experience. Besides as a hotel, there is also an ability to condo map the building and sell off as condos at a later date for a significant return. Whether you're a first-time purchaser, seasoned investor, or considering a 1031 exchange, 588 E San Lorenzo Road stands as a prime income-producing investment in the thriving Palm Springs real estate market. Current loan is assumable at rate of 4.75%.
Fantastic location coupled with a wonderful opportunity to add value and turn around this 6-unit apartment building and increase cash flow and equity. The building has consistent rental income and is located west of Palm Canyon Drive and close to downtown. The property has excellent potential for redevelopment. Buyers to confirm with the city regarding zoning and development potential. All information is not guaranteed. Buyers to perform due diligence. Drive by only - Do not disturb tenants or walk the property without permission.
Courtesy: Oak View Realty
Courtesy: Socalhomeshop Inc.
Palm Springs is located in California. Palm Springs, California has a population of 44,799. Palm Springs is less family-centric than the surrounding county with 10.47% of the households containing married families with children. The county average for households married with children is 35.14%.
The median household income in Palm Springs, California is $61,597. The median household income for the surrounding county is $76,066 compared to the national median of $69,021. The median age of people living in Palm Springs is 56.6 years.
The average high temperature in July is 107.6 degrees, with an average low temperature in January of 45.5 degrees. The average rainfall is approximately 5.2 inches per year, with 0 inches of snow per year.
