NOT LISTED FOR SALE

1200 S Palm Canyon Dr Palm Springs, CA 92264

Tahquitz River Estates Neighborhood
11 Beds
16 Baths
-- Sq Ft
0.38 Acres

Last Sold March 11, 2016

Last sale price $1,110,000

154 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Property is near public transit
  • Palm Springs High School Rated A-
  • Midcentury Modern Architecture
  • Corner Lot

About This Home

As of March 2016

Prime location in desirable South Palm Springs on South Palm Canyon Dr. amidst other fine resorts and private homes. Downtown is only 10 minutes away. Highest and most profitable use would probably be vacation rentals or use back at hotel with 16 units. Currently operated as Apts, the below current market rents do not reflect the true value of this property. This property was previously a Resort Inn. Currently there are four l bedroom units, One 2 bedroom, and Six studio's. Well maintained property with current 12 yr. owners. Great mountain views and shopping and dining is at your door. Call Agent about owner about seeing a 1 bed. and studio unit.

Last Agent to Sell the Property

Ron Hughes

Bennion Deville Homes License #01309322 Listed on: 10/01/2015

Bennion Deville Homes

Last Buyer's Agent

Adrian Rangel

HomeSmart Professionals License #01057727

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,405

Year Built

  • Built in 1960

Lot Details

  • 0.38 Acre Lot
  • Southwest Facing Home
  • Fenced
  • Landscaped
  • Corner Lot

Parking

  • 12 Car Parking Spaces

Home Design

  • Midcentury Modern Architecture
  • Traditional Architecture
  • Slab Foundation
  • Foam Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Shutters
  • Property Views

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 16 Full Bathrooms

Pool

  • In Ground Pool
  • Gunite Pool

Location

  • Ground Level
  • Property is near public transit

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • 220 Volts
  • Property is located within a water district
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for electricity, water, pool service, gas, gardener
  • Assessor Parcel Number 508301001

Community Details

Overview

  • 2 Buildings
  • 11 Units
  • Tahquitz River Estates Subdivision

Amenities

  • Laundry Facilities
  • Community Mailbox

Recreation

  • Community Pool

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $3,750
  • Trash Expense $1,579
  • Gross Income $8,350

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,405

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Orientation Faces: Front Door Faces South, Front Door Faces West
  • Levels: Two
  • Price Per Unit: 117727.00
  • Building Style: Mid Century, Traditional
  • Lp Sp Ratio: 0.8571
  • Water District Name: Desert
  • Year Built: 1960
  • Internal Listing I D: 20190608184711577391000000
  • Listing I D: 215027976
  • Listing Member Address: 201 N. Palm Canyon Dr. Ste 120, Palm Springs, CA 92262
  • Listing Office Address: 201 N. Palm Canyon Dr. Ste 120, Palm Springs South Office, Palm Springs, CA 92262
  • Listing Office Fax: (760) 327-3991
  • List Office Board Code: California Desert Association of Realtors
  • Post Direction: S
  • Selling Member Address: P O Box 2311, Palm Springs, CA 92263
  • Selling Office Address: 201 N. Palm Canyon Dr. Ste 120, Palm Springs South Office, Palm Springs, CA 92262
  • Selling Office Fax: (760) 327-3991
  • Street Direction: S
  • Land Type: Fee
  • Subdivision: Tahquitz River Estates
  • Unit Information Number Of Units Leased: 10
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Ranges: 8
  • Total Bedrooms: 11
  • Total Bathrooms: 16.00
  • Full Bathrooms: 16
  • Laundry Equipment: Lease
  • Laundry: Community
  • Windows Treatments: Shutters

Exterior Features

  • Construction: Stucco
  • Roofing: Foam
  • Foundation: Slab
  • Pool: Yes
  • Pool Construction: Gunite, In Ground
  • Pool Description: Gas Heated
  • Pool Location: Community
  • View: Yes
  • Paved: Yes

Garage/Parking

  • Parking Info Total Parking Spaces: 12.00

Utilities

  • TV Svcs: Cable TV
  • Volt 220: 220V Throughout
  • Number Electric Meters: 1
  • Number Water Meters: 1
  • Cooling Type: Wall/Window Unit(s)
  • Heating Fuel: Electric
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas
  • Number Gas Meter: 1
  • Water Heater: Yes
  • Laundry Type: Yes

Association/Amenities

  • Community Features: Community Mailbox
  • Gated Community: Yes

Condo/Co-op/Association

  • Unit Location: Ground Floor, Second Floor

Lot Info

  • Assessor Parcel Number: 508301001
  • Lot Description: Fenced, Street Public, Sidewalks, Landscaped
  • Lot Location: Corner Lot, Near Public Transit
  • Lot Size: 16656.00

Rental Info

  • Owner Pays: Electricity, Water, Pool Service, Gas, Gardener
  • Tenant Pays: Cable TV
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown
  • Annual Tax: 15405.00
  • Tax Year: 2014

Multi Family

  • Number Of Refrigerators: 11
  • Total Units: 11

MLS Schools

  • School District: Palm Springs Unified

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2016 03/11/16 Sold $1,110,000 -20.4% --
03/03/2016 03/03/16 Pending -- -- --
10/01/2015 10/01/15 For Sale $1,395,000 -- --
Source: California Desert Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Ron Hughes

    Bennion Deville Homes

    (760) 835-1874

    1 in this area

    18 Total Sales

    Ron Hughes
    Section Image

  • A

    Buyer's Agent in 2016

    Adrian Rangel

    HomeSmart Professionals

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 215027976

California Desert Association of REALTORS®

APN: 508-301-001

California Riverside County Palm Springs 92264 Tahquitz River Estates

1200 S Palm Canyon Dr, Palm Springs, CA

This home is located at 1200 S Palm Canyon Dr, Palm Springs, CA 92264 since 01 October 2015. This property was built in 1960. 1200 S Palm Canyon Dr is a home located in Riverside County with nearby schools including Cahuilla Elementary School, Raymond Cree Middle School, and Palm Springs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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