$1,450,000

Estimated payment $9,481/month

Total Views 152
2 Beds
4 Baths
2,056 Sq Ft
$705 Price per Sq Ft

Highlights

  • Central Heating and Cooling System
  • Ceiling Fan
  • 1-Story Property
  • Palm Springs High School Rated A-

About This Home

Gated and secluded, Classic Mid-Century 4-unit compound featuring a kidney-shaped pool with unobstructed views of the San Jacinto Mountains from the common area. Lush landscaping surrounds a bright 2-bedroom, 1-bath potential owner's unit with a galley kitchen, marble countertops, and stainless-steel appliances. Three additional studio units each with 1 bath, compact galley kitchens, and ample closet space. All units have individual HVAC, travertine floors, and are separately metered for utilities. An excellent investment opportunity ideal as either a primary residence, family compound, or income producing property. Property is currently tenant occupied. Please do not disturb tenants.

Listing Agent

Alan Wachman

Miller & Desatnik Realty Co. License #01047592 Listed on: 07/30/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,508

Year Built

  • Built in 1951

Interior Spaces

  • 2,056 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Additional Features

  • 8,712 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 508-342-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,508

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Builders Tract Code: 7000
  • Living Area: 2056
  • Lot Acreage: 0.2000
  • Stories: 1
  • Year Built: 1951
  • Builders Tract Name: Tahquitz River Estates
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 2
  • Total Bathrooms: 4.00
  • Equipment: Ceiling Fan, Range/Oven, Refrigerator
  • Price Per S Q F T: 705.25

Exterior Features

  • Other Structures: None

Garage/Parking

  • Other Spaces: 6
  • Parking Garage: Uncovered
  • Total Parking: 6

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 80.00
  • Assessed Improvement Value: 1136000
  • Assessed Land Percent: 20
  • Assessed Land Value: 284000
  • Total Assessed Value: 1420000
  • Assessor Parcel Number: 508-342-001
  • Lot Size Area: 8712

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 17.85
  • Number Of Units: 4
  • Total Annual Expense: 41905
  • Type Of Units: Apartments
  • Vacancy Rate: $2,437

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,508 $1,448,400 $289,680 $1,158,720
2023 $18,508 $1,014,382 $202,875 $811,507
2022 $14,083 $994,494 $198,898 $795,596
2021 $13,816 $974,996 $194,999 $779,997
2020 $13,234 $965,000 $193,000 $772,000
2019 $2,201 $84,236 $39,034 $45,202
2018 $2,179 $82,585 $38,270 $44,315
2017 $2,160 $80,967 $37,520 $43,447
2016 $2,095 $79,381 $36,785 $42,596
2015 $1,960 $78,191 $36,234 $41,957
2014 $1,831 $76,661 $35,525 $41,136
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 For Sale $1,450,000 +2.1% $705 / Sq Ft
12/29/2023 12/29/23 Sold $1,420,000 -4.6% $653 / Sq Ft
10/31/2023 10/31/23 Pending -- -- --
09/27/2023 09/27/23 For Sale $1,489,000 -- $685 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,420,000 Lawyers Title
Grant Deed $965,000 Chicago Title Company
Divorce Dissolution Of Marriage Transfer -- Fidelity National Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer $301,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $900,000 New Conventional
Previous Owner $396,000 New Conventional
Previous Owner $610,000 Commercial
Previous Owner $150,000 Construction
Previous Owner $350,000 Negative Amortization
Previous Owner $230,000 Unknown
Previous Owner $75,000 Credit Line Revolving
Previous Owner $75,000 Credit Line Revolving
Previous Owner $210,000 Commercial
Source: Public Records

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Source: The MLS

MLS Number: 25574573

The MLS

APN: 508-342-001