583 S Calle Abronia Palm Springs, CA 92264
Warm Sands NeighborhoodEstimated payment $7,331/month
Total Views
10,841
4
Beds
4
Baths
2,458
Sq Ft
$488
Price per Sq Ft
Highlights
- Mountain View
- Ductless Heating Or Cooling System
- Bungalow
- Palm Springs High School Rated A-
- Laundry Room
- Tile Flooring
About This Home
Introducing a unique investment opportunity awaited by astute investors and developers alike. A charming quadraplex, minimal maintenance property, with few operating expenses, nestled in the scenic neighborhood of Palm Springs. This property boasts a diverse unit mix, including one spacious 2-bedroom, 1-bath unit, two comfortable 1-bedroom, 1-bath units, and one extra-large studio with one bathroom and a separate kitchen. These units combine ample living space with functional design that maximizes space and comfort. Each unit has its own washer & dryer and electric meter.
Parking is never an issue, with assigned parking for each tenant. This quadraplex is not just a place to live, it is an investment in comfort and convenience, promising long-term rental income prospects and immediate returns with a Cap rate of about 7.
Location is the ace in the hole for this property! Centrally located to several golf courses nearby for convenience, and popular courses a bit farther out. A short stroll away is the Ramon at Indian Canyon bus station, placing convenience right on your tenant's doorstep. The Grocery Outlet is a mere stone's throw away for your grocery runs. Tahquitz Canyon offers acres of natural beauty that is less than a mile away for those moments when grounding calls. It’s the perfect backdrop for those Instagram-worthy sunset pics or a serene morning jog!
Whether you're looking to live in one unit and accommodate multiple tenants in the other units, this property blends functionality with charm, set against the picturesque backdrop of Palm Springs. Turn this property into your profitable income property or your private oasis— or why not a bit of both? Opportunities are knocking; make sure you're home!
Listing Agent
BPO HOMES INC. Brokerage Phone: 858-945-6628 License #01955257 Listed on: 07/09/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,276
Year Built
- Built in 1936
Lot Details
- 6,098 Sq Ft Lot
- 1 Common Wall
- Wood Fence
- Density is 2-5 Units/Acre
Property Views
- Mountain
- Neighborhood
Home Design
- Bungalow
- Quadruplex
- Brick Foundation
- Concrete Perimeter Foundation
Interior Spaces
- 2,458 Sq Ft Home
- 1-Story Property
- Awning
Kitchen
- Gas Oven
- Gas Range
- Dishwasher
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Ductless Heating Or Cooling System
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
- High Efficiency Heating System
- Wall Furnace
- 220 Volts
- Natural Gas Connected
- Gas Water Heater
- Cable TV Available
Additional Features
- ENERGY STAR Qualified Equipment
- Exterior Lighting
Listing and Financial Details
- Tax Lot 72
- Assessor Parcel Number 508124012
- $1,236 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 4 Units
- Warm Sands Subdivision
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 3 Separate Gas Meters
- Electric Expense $360
- Fuel Expense $30
- Insurance Expense $4,000
- Trash Expense $1,380
- Water Sewer Expense $1,080
- Operating Expense $6,835
- Gross Income $100,440
- Net Operating Income $87,717
Map
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Home Values in the Area
Average Home Value in this Area
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 | $8,276 | $1,063,017 | $118,111 | $944,906 |
| 2023 | $8,276 | $567,634 | $113,526 | $454,108 |
| 2022 | $8,422 | $556,504 | $111,300 | $445,204 |
| 2021 | $8,273 | $545,593 | $109,118 | $436,475 |
| 2020 | $7,947 | $540,000 | $108,000 | $432,000 |
| 2019 | $8,715 | $514,806 | $187,427 | $327,379 |
| 2018 | $8,578 | $504,712 | $183,753 | $320,959 |
| 2017 | $8,440 | $494,816 | $180,150 | $314,666 |
| 2016 | $8,187 | $485,115 | $176,618 | $308,497 |
| 2015 | $7,199 | $477,830 | $173,966 | $303,864 |
| 2014 | $6,720 | $468,471 | $170,559 | $297,912 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2025 07/09/25 | For Sale | $1,199,000 | +122.0% | $488 / Sq Ft |
| 07/02/2019 07/02/19 | Sold | $540,000 | -4.0% | $200 / Sq Ft |
| 05/23/2019 05/23/19 | Pending | -- | -- | -- |
| 03/08/2019 03/08/19 | Price Changed | $562,500 | -4.7% | $208 / Sq Ft |
| 08/20/2018 08/20/18 | For Sale | $590,000 | -- | $219 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $540,000 | Wfg Title Company Of Ca | |
| Grant Deed | $405,500 | Orange Coast Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $120,000 | New Conventional | |
| Open | $378,000 | New Conventional | |
| Previous Owner | $303,000 | Commercial | |
| Previous Owner | $162,300 | Commercial | |
| Previous Owner | $46,331 | FHA | |
| Previous Owner | $59,469 | FHA |
Source: Public Records
Similar Home in Palm Springs, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IG25154358
APN: 508-124-012
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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