595 S Thornhill Road, Palm Springs, CA 92264
List Price: $925K
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1958
Lot Size: 14,810 sq ft
Private Pool: Yes
MLS Number: 219151275DA
About This Property
Sago Palms -- Six-Unit Multifamily Property in the heart of Palm Springs.Located in the Warm Sands area of Palm Springs, Sago Palms is a unique six-unit multifamily property with a history as a former hotel. The property offers a mix of residential units, attractive amenities, and stunning mountain views.The property consists of:One, 2-bedroom, 2-bathroom unit with -- currently needs workThree, 1-bedroom, 1-bathroom units -- currently in rentable condition andTwo studio apartments.A total of three gas fireplaces in various units. Community poolShared laundry room -- no additional incomeStreet/open parkingSeparate utility metersLeased solar systemUpgraded plumbingTwo tankless water heatersStunning mountain viewsThe property is being sold AS-IS.There are currently three tenants and one owner-occupant living on the property. All occupants are on month-to-month rental agreements, providing flexibility for a future owner.Current Rental Income:One bedroom units: $1200 per monthTwo bedroom units: $1600 per month.Studio apartments: $1085 per month.
Listing provided by: Elaine Stewart DRE #01169846 (760) 668-2399 desertrealestate1@yahoo.com, RE/MAX All-Pro
Source: CRMLS, MLS #: 219151275DA
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.