575 S Calle Ajo Active

Palm Springs,CA 92264

$ 815000

3 Beds

2 Baths

1278 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,278 sqft

Price per Sqft $637

Subdivision Warm Sands

MLS Listing ID 219116048

Style Victorian

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1936

Lot Size 5,663 Sqft

Property Description

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

Location

State CA

County Riverside

Area 334 - Palm Springs South End

Interior

Heating Wall Furnace,Natural Gas

Cooling Air Conditioning,Dual

Inclusions Clear Termite Report dated 9/9/24

Fireplace false

Exterior

Exterior Feature Balcony

Garage false

Utilities Available Cable Available

View Y/N false

Private Pool No

Building

Lot Description Back Yard,Front Yard,Landscaped,Private,Near Public Transit

Story 2

Entry Level Ground,Two,Top

Sewer In, Connected and Paid

Architectural Style Victorian

Level or Stories Ground,Two,Top

Schools

High Schools Palm Springs

School District Desert Sands Unified

Others

Senior Community No

Acceptable Financing All Inclusive Trust Deed,Contract

Listing Terms All Inclusive Trust Deed,Contract

Special Listing Condition Standard

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