844 E San Lorenzo Rd, Palm Springs, CA 92264

Property Description

Welcome to an exceptional real estate opportunity in the highly sought-after Tahquitz River Estates, nestled in picturesque south Palm Springs. This remarkable property beckons investors with its potential for a lucrative venture. Set in a serene and tranquil neighborhood, it offers an oasis of calm and showcases breathtaking mountain panoramas that can be enjoyed from the generously sized Pebble Tec pool. A distinctive feature is the attached one-bedroom casita, complete with its own discrete entrance, bathroom, and convenient kitchenette. The kitchen boasts Caesarstone countertops and a convenient walk-in pantry. The HVAC system was thoughtfully replaced in 2020, ensuring year-round comfort. The backyard presents a blank canvas, eagerly awaiting your creative touch to craft your personal landscape masterpiece. The potential is boundless, offering an opportunity to shape your outdoor oasis according to your desires. Located mere minutes away from the vibrant downtown hub, where shopping and dining adventures await, this residence epitomizes the allure of Palm Springs living. Whether you are considering a short-term rental investment or seeking to become a full-time resident, this home offers the perfect blend of versatility and location. It's worth noting that, at the time of listing, this subdivision maintains a 14% short-term rental rate and remains unaffected by restrictions on STR permits.