$749,000

Estimated payment $4,815/month

Total Views 548
-- Bed
-- Bath
1,831 Sq Ft
$409 Price per Sq Ft

Highlights

  • Gated Community
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • 49,658 Sq Ft lot
  • Terrazzo Flooring

About This Home

Incredible opportunity for a savvy investor in the heart of Palm Springs. Huge lot totaling 1.14. Village with allow up to 6 units built on property. Unit 1 is a 2/1 rented for $2500 on month to month. Unit 2 is 1/1 rented for $1200. Unit 3 is a 1/1 that is vacant which could rent for around $1200. The property is on city water and sewer with one meter. There is a washer and dryer onsite that everybody has access too. Roof is approximately 7 years old. Tenants are on month to month and this truly is a great opportunity for the right investor.

Listing Agent

Tim Feld

Sutter & Nugent LLC License #3188855 Listed on: 07/11/2025

Sutter & Nugent LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,999

Year Built

  • Built in 1960

Lot Details

  • 1.14 Acre Lot

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,831 Sq Ft Home
  • 1-Story Property
  • Terrazzo Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 70434407000007101

Community Details

Building Details

  • Operating Expense $6,800
  • Net Operating Income $52,000

Additional Features

  • 3 Units
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,999

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Year Built: 1960
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Terrazzo
  • Living Area: 1831.0

Exterior Features

  • Exterior Features: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated
  • Senior Community: No

Lot Info

  • Parcel #: 70434407000007101
  • Lot Size: 1 to < 2 Acres
  • Lot Size Sq Ft: 49658.0
  • Zoning Description: RM(cit

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 52000.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 6800.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7999.0

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
2024 $7,999 $352,703 -- --
2023 $7,393 $320,639 $0 $0
2022 $6,781 $291,490 $0 $0
2021 $5,931 $264,991 $136,686 $128,305
2020 $5,543 $278,040 $136,686 $141,354
2019 $5,196 $260,415 $125,503 $134,912
2018 $4,715 $249,759 $124,516 $125,243
2017 $4,355 $218,314 $85,873 $132,441
2016 $3,931 $150,442 $0 $0
2015 $3,703 $136,765 $0 $0
2014 $3,464 $124,332 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 For Sale $750,000 +0.1% --
07/11/2025 07/11/25 For Sale $749,000 -- $409 / Sq Ft
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Deed -- --
Warranty Deed $75,000 --
Warranty Deed -- --
Source: Public Records

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    Section Image

Source: BeachesMLS

MLS Number: R11106909

BeachesMLS

APN: 70-43-44-07-00-000-7101