$ 1,090,000
-
$1,090,000
Price -
4
Bed -
4
Bath -
6,098
SqFt
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About the Listing MRM-EV3069 - MRM-EVDROZBRI
Welcome to this exceptional income-producing quadraplex nestled in one of Palm Springs most desirable neighborhoods! This smartly configured multi-family property offers savvy investors an outstanding opportunity to generate reliable rental income while enjoying the desert lifestyle. Spanning nearly 2,500 square feet, this thoughtfully designed building features four distinct units that cater to a variety of tenant needs. You will find a spacious 2-bed, 1-bathroom unit perfect for small families or roommates, two comfortable 1-bedroom, 1-bathroom and 1-Extra-large studio that maximizes every square inch of living space. With five bedrooms and four bathrooms in total, this property delivers impressive versatility and strong rental potential. The location truly shines here. Parking considerations have been thoughtfully addressed with assigned parking for each unit. Residents enjoy the convenience of nearby public transit options, making car-free living entirely feasible. The neighborhood exudes that perfect blend of accessibility and tranquility. Whether you are expanding your investment portfolio or stepping into the world of multi-family ownership for the first time, this quadraplex checks all the boxes with a CAP RATE of 8.6. Schedule your private showing today and discover why this property represents such a compelling opportunity in the heart of the desert!
Listing Highlights
Status
Active
Days on Site
1
Property Type
Multi-Family
MLS ®
IG26024498MR
Year Built
1936
Total Square Footage
6,098
Lot/Acreage
N/A
County
Riverside
Interior Details
- Bedrooms: 4
- Bathrooms: 4 Full
- Appliances: Microwave, Oven-Gas, Range
- Air Cond: Ductless,ENERGY STAR Qualified Equipment,See Remarks
- Heating: Ductless,ENERGY STAR Qualified Equipment
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: All Bedrooms Down
- Water:
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 4
- Zoning: R2
- Roof:
- Others: Additions/Alter
- Sewer: Public Sewer
- Parking Features: Assigned
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
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% Down Payment
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Questions About..
583 S Calle Abronia Palm Springs, CA 92264
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