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687 S Camino Real

Palm Springs, CA 92264
  • $799,990
  • STATUS: Active Under Contract
  • ON SITE: 20 Days
  • ID#: 22-116557
Under Contract
UPDATED: 15 min ago
$799,990
  • 5
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,460
    SQFT
  • $325
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1957
County:

School Ratings & Info

Description

Come check out this charming mid-century triplex income property in the highly desirable community of Warm Sands, with a beautiful pool size courtyard, less than a mile from the world destination spot of downtown Palm Springs with tons of shopping, dining and night life! It boasts one - 3br/2ba unit (3rd bedroom being used as an office/den) and two - 1br/1ba units. You could live in the larger 3-bedroom unit and rent the other 2 to off-set the cost of the property, or simply rent all 3! These could be used as long-term rentals or short-term vacation rentals, you choose.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-28T23:42:33.697. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.trulinerealty.com/homes/124542281
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687 S Camino Real Palm Springs, CA 92264

  • Price: $799,990
  • Status: Active Under Contract
  • On Site: 20 Days
  • Updated: 15 min ago
  • ID#: 22-116557
5
Beds
0
Baths
0
½ Baths
0.15
Acres
2,460
SQFT
$325
$/SQFT
1957
Built
Neighborhood:
Warm Sands
County:
Riverside
Area:
Palm Springs South End
Property Description
Come check out this charming mid-century triplex income property in the highly desirable community of Warm Sands, with a beautiful pool size courtyard, less than a mile from the world destination spot of downtown Palm Springs with tons of shopping, dining and night life! It boasts one - 3br/2ba unit (3rd bedroom being used as an office/den) and two - 1br/1ba units. You could live in the larger 3-bedroom unit and rent the other 2 to off-set the cost of the property, or simply rent all 3! These could be used as long-term rentals or short-term vacation rentals, you choose.
Exterior Features

Cross Streets E Sunny Dunes Rd & S Camino Real Direction Faces East Entry Location Ground Level - No Steps Exterior Construction Stucco Levels Ground Level Lot Description Fenced YardFront Yard Lot Size Area 6534 Other Structures None Parking Garage Parking SpaceAssigned Patio Features Slab Pool Description None Pool YN No Roof Composition Spa None Spa YN No Style Mid-Century Tennis Court None Tennis YN No Total Parking 4 View Description Mountains View YN Yes

Interior Features

Bathroom Features Tile Baths Total 4.00 Common Walls Attached Cooking Appliances MicrowaveFree Standing GasOven-Gas Cooling Air ConditioningCentral Den Yes Dining Room No Equipment Water Line To RefrigeratorRefrigeratorRange/OvenGarbage DisposalIce MakerMicrowaveDishwasherDryerWasherCeiling Fan Family Room No Fireplace Rooms None Flooring LaminateCeramic TileCarpet Foundation Details Slab Heating Forced AirNatural Gas Interior Features Common WallsDry Bar Kitchen Features Pantry Laundry Laundry Area Laundry Equipment Own Rooms Den/OfficePantry Water Heater Features Water Heater UnitGas

Property Features

Assessed Total Value 210027 Gross Income 42000 Gross Operating Income 42000 Land Lease Type Fee Like Units1 1 Like Units2 2 Net Operating Income 24000.00 Number Of Buildings 1 Number Of Units 3 Owner Pays Water Sale Type Standard Security Features Gated Sewer In Street Source Living Area Vendor Enhanced Source Lot Size Area Assessor Tenant Pays ElectricityCable TvGas Total Annual Expense 18000 Type Of Units 3 Water Water District Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning R2

Listing provided courtesy of Tony Thomas DRE#01058644 of Berkshire Hathaway Homeservice.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-28T23:42:33.697. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Los Angeles CA, 90064