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505 W Sepulveda Road

Palm Springs, CA 92262
  • $1,999,000
  • STATUS: Active
  • ON SITE: 3 Days
  • MLS #: BB23174911
Foreclosure
UPDATED: 39 min ago
$1,999,000
  • 0
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1948
County:

School Ratings & Info

Listing Agent(s): Lisa Hovsepian of Oak View Realty (818-543-3000)


Description

Charming 3-Unit Complex with Pool and Mountain Views in Palm Springs, CANestled in the heart of Palm Springs, California, this exquisite 3-unit complex offers an incredible opportunity for investors or those seeking a picturesque desert oasis. With a stunning backyard, pool, spa, and an array of modern amenities, this property is the epitome of desert living at its finest.Property Overview:Spacious backyard oasis, perfect for outdoor entertainment and relaxation.Inviting large pool and spa, providing a refreshing escape from the desert heat.One of the units has been newly remodeled.Each of the three units boasts its own fully-equipped kitchen for convenience and versatility.Unit 1: 2 bedrooms and 2 bathrooms, offering ample space for residents or guests.Units 2 and 3: 1 bedroom and 2 bathrooms each, providing cozy and comfortable living spaces.Scenic Surroundings:The property is embraced by the captivating beauty of the desert landscape, including majestic palm trees that line the backyard.Enjoy memorable barbeque evenings in the spacious outdoor area, taking in the serene ambiance.Spectacular mountain views envelop the property, creating a tranquil and visually stunning atmosphere.Ideal for families or as a home rental, this property offers a retreat from the ordinary.Location Highlights:Situated in a beautiful and well-maintained neighborhood, offering a sense of security and community.A circular driveway and ample parking spaces at the entrance ensure convenience for residents and guests.Modernity meets sustainability with a Tesla charger available at the entrance, catering to eco-conscious individuals.Just a stone's throw away from Downtown Palm Springs, residents can explore its vibrant culture, shops, and dining options.Enjoy easy access to the Agua Caliente Casino and the bustling Palm Springs strip, providing endless entertainment possibilities.Don't miss this rare opportunity to own a piece of Palm Springs paradise. Whether you're seeking an investment property or a luxurious desert getaway, this 3-unit complex has it all. Immerse yourself in the beauty of Palm Springs living schedule a viewing today and make this desert dream your reality!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-22T12:32:25.023. 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 deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/143512194
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505 W Sepulveda Road Palm Springs, CA 92262

  • Price: $1,999,000
  • Status: Active
  • On Site: 3 Days
  • Updated: 39 min ago
  • MLS #: BB23174911
0
Beds
0
Baths
0
½ Baths
0.29
Acres
1948
Built
Neighborhood:
Sunrise Racquet Club (33259)
County:
Riverside
Area:
332 - Central Palm Springs
Property Description
Charming 3-Unit Complex with Pool and Mountain Views in Palm Springs, CANestled in the heart of Palm Springs, California, this exquisite 3-unit complex offers an incredible opportunity for investors or those seeking a picturesque desert oasis. With a stunning backyard, pool, spa, and an array of modern amenities, this property is the epitome of desert living at its finest.Property Overview:Spacious backyard oasis, perfect for outdoor entertainment and relaxation.Inviting large pool and spa, providing a refreshing escape from the desert heat.One of the units has been newly remodeled.Each of the three units boasts its own fully-equipped kitchen for convenience and versatility.Unit 1: 2 bedrooms and 2 bathrooms, offering ample space for residents or guests.Units 2 and 3: 1 bedroom and 2 bathrooms each, providing cozy and comfortable living spaces.Scenic Surroundings:The property is embraced by the captivating beauty of the desert landscape, including majestic palm trees that line the backyard.Enjoy memorable barbeque evenings in the spacious outdoor area, taking in the serene ambiance.Spectacular mountain views envelop the property, creating a tranquil and visually stunning atmosphere.Ideal for families or as a home rental, this property offers a retreat from the ordinary.Location Highlights:Situated in a beautiful and well-maintained neighborhood, offering a sense of security and community.A circular driveway and ample parking spaces at the entrance ensure convenience for residents and guests.Modernity meets sustainability with a Tesla charger available at the entrance, catering to eco-conscious individuals.Just a stone's throw away from Downtown Palm Springs, residents can explore its vibrant culture, shops, and dining options.Enjoy easy access to the Agua Caliente Casino and the bustling Palm Springs strip, providing endless entertainment possibilities.Don't miss this rare opportunity to own a piece of Palm Springs paradise. Whether you're seeking an investment property or a luxurious desert getaway, this 3-unit complex has it all. Immerse yourself in the beauty of Palm Springs living schedule a viewing today and make this desert dream your reality!
Exterior Features

Entry Level 1 Entry Location Front Fencing Block Lot Features 0-1 Unit/AcreSprinklers In RearSprinklers In FrontSprinklers TimerSprinklers On SideYard Number Of Separate Electric Meters 3 Open Parking Spaces 10 Parking Total 10 Pool Features Gas HeatHeatedIn GroundPrivateTile Pool Private YN Yes Property Attached YN Yes Roof FoamOther Spa Features In GroundPrivate Spa YN Yes View Mountain(S)Neighborhood View YN Yes

Interior Features

Common Walls 2+ Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Heating Central Heating YN Yes Interior Features Granite CountersAll Bedrooms DownBedroom On Main LevelWalk-In Closet(S)

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features HikingStreet Lights Contingency None Electric Standard Electric Expense 1500 Fuel Expense 0 Garage YN No Gross Income 84000 Gross Scheduled Income 90000 Insurance Expense 1500 Land Lease YN No Laundry Features Outside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 78000 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 3 Number Of Units Leased 0 Operating Expense 1000 Pool Expense 2000 Property Sub Type Triplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Real Estate Owned Trash Expense 0 Utilities Cable AvailableCable ConnectedNatural Gas AvailableSewer AvailableWater Available Water Sewer Expense 0 Water Source Public Zoning Rga



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-22T12:32:25.023. 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 deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Lisa Hovsepian of Oak View Realty (818-543-3000)