595 S Thornhill Road, Palm Springs, CA 92264
- $925,000
- 7
- BD
- 7
- BA
- 4,267
- SqFt
- List Price
- $925,000
- Status
- ACTIVE
- MLS#
- 219151275
- Year Built
- 1958
- Bedrooms
- 7
- Bathrooms
- 7
- Living Sq. Ft
- 4,267
- Lot Size
- 14,810
- Lot Location
- Private
- Days on Market
- 0
- Property Type
- Multifamily
- Stories
- 1
- Neighborhood
- Warm Sands
Property Description
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 work Three, 1-bedroom, 1-bathroom units -- currently in rentable condition and Two studio apartments. A total of three gas fireplaces in various units. Community pool Shared laundry room -- no additional income Street/open parking Separate utility meters Leased solar system Upgraded plumbing Two tankless water heaters Stunning mountain views The 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 month Two bedroom units: $1600 per month. Studio apartments: $1085 per month.
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Additional Information
- Lot Description
- Private
- Appliances
- Disposal, Refrigerator, Electric Range, Gas Range
- Pool
- Yes
- Pool Description
- Gunite, Community, In Ground
- Heat
- None
- Cooling
- Central Air
- View
- Mountain(s)
- Parking
- Unassigned
- Sewer
- Unknown
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Listing courtesy of RE/MAX All-Pro.