NOT LISTED FOR SALE

623 S Grenfall Rd Palm Springs, CA 92264

Warm Sands Neighborhood
8 Beds
8 Baths
4,300 Sq Ft
0.3 Acres

Last Sold July 29, 2019

Last sale price $1,070,000 $249 Per Sq Ft

134 Days on Market

About This Home

As of July 2019

Rare opportunity to own an architecturally significant property in the desirable Warm Sands community. Currently utilized as a 7 unit apartment complex, each unit is a single story floor plan, surrounded by a central and private pool, private back patios and well maintained grounds. Opportunity to continue its use as an apartment complex, or convert to boutique style short-term rental units similar to many already converted on Grenfall street; The Warm Sands neighborhood is a thriving boutique hotel and short-term rental market with soaring occupancy and increasing nightly rates. A strong long-term rental market with high demand from tenants also provide the future buyer with options to maintain a stabilized income producing asset with low vacancy rate and gradually increasing rents on renewals and turnovers. Tenants love the property and there is a waiting list of tenants always seeking the opportunity to rent at this property.

Last Agent to Sell the Property

MD McLean

McLean Company Rentals License #01843447 Listed on: 01/24/2019

Last Buyer's Agent

Alan Wachman

Miller & Desatnik Realty Co. License #01047592

Range of Values:

Collateral Analytics

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Average Value
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List Price
Sold Price
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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
07/29/2019 07/29/19 Sold $1,070,000 -2.7% $249 / Sq Ft
06/07/2019 06/07/19 Pending -- -- --
04/18/2019 04/18/19 Price Changed $1,100,000 0.0% $256 / Sq Ft
04/18/2019 04/18/19 For Sale $1,100,000 -2.2% $256 / Sq Ft
04/10/2019 04/10/19 Pending -- -- --
03/27/2019 03/27/19 Price Changed $1,125,000 -6.3% $262 / Sq Ft
03/22/2019 03/22/19 For Sale $1,200,000 0.0% $279 / Sq Ft
03/03/2019 03/03/19 Pending -- -- --
01/24/2019 01/24/19 For Sale $1,200,000 -- $279 / Sq Ft
Source: California Desert Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    MD McLean

    McLean Company Rentals

  • Alan Wachman

    Buyer's Agent in 2019

    Alan Wachman

    Miller & Desatnik Realty Co.

    (310) 202-9166

    1 in this area

    7 Total Sales

    Alan Wachman
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Map

Source: California Desert Association of REALTORS®

MLS Number: 19-426896

California Desert Association of REALTORS®

APN: 508-212-002

California Riverside County Palm Springs 92264 Warm Sands

623 S Grenfall Rd, Palm Springs, CA

This home is located at 623 S Grenfall Rd, Palm Springs, CA 92264 since 24 January 2019. This property was built in 1960. 623 S Grenfall Rd 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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