$1,495,000
Estimated Payment$7,061/mo
Multi-Family For Sale
Under Contract

975 E Camino Parocela, Palm Springs, CA 92264

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6Beds
6Baths
3,764Sq. Ft.
Private Multi-Family Home With Fireplace

Located in the prime and much sought after Warm Sands area of central Palm Springs. The possibilities are many. Currently used as short-term rentals. Possible use as a motel, apartment complex, family compound, or single-family home with multiple detached guest units. Five units total. Detached owners unit includes living room with fireplace, 1 bedroom + 1 bath, kitchen, dining area, private patio, and mountain views. Four additional units include three 1 bedroom + 1 bath units and one 2 bedroom + 2 bath unit. All four remaining units have living rooms, vintage Mid-Century Modern kitchens, breakfast bars, and dining areas. All overlook garden areas and most have private patios. Gated pool, spa, and patio area. Minutes to the many fine shops and restaurants in the downtown village area of Palm Springs via walking, bike, or car. Included in the purchase price are all appliances, exterior patio furniture, interior furnishings, and household items. The perfect desert retreat! Buyer to co-operate with "possible" Seller's 1031 Tax Deferred Exchange at no cost to Buyer.

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975 E Camino Parocela
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Location
975 E Camino Parocela Palm Springs, CA 92264
Home Details

Listing Details

General

  • Total Number of Units: 5
  • Disclosures: As Is

Interior Details

General

  • Appliances: Free Standing Gas, Gas, Microwave, Oven, Range, Range Hood
  • Fireplace Features: Gas, Gas and Wood, Gas Starter, Living Room, Raised Hearth, Wood Burning
  • Flooring: Cement, Ceramic Tile, Laminate, Tile
  • Water Source(s): District, In Street, Meter on Property, Paid, Public, Water District
  • Interior Features: Gas, Yes
  • Window Features: Awning, Custom Window Covering, Drapes Curtains, Plantation Shutters, Screens, Vertical Blinds, Window Blinds, Window Shutters

Rooms

  • Bathroom Description: Linen Closet, Low Flow Toilet s, Remodeled, Shower Over Tub, Shower Stall, Tile
  • Bedroom Description: All Bedrooms Down, Main Floor Bedroom
  • Kitchen Features: Formica Counters, Galley Kitchen, Pantry, Remodeled

Utilities

  • Cooling Details: Air Conditioning, Ceiling Fan, Electric, Swamp Cooler s, Wall Unit s, Wall Window
  • Heating Details: Central, Forced Air, Natural Gas

Financial Details

Tax Details

  • Zoning: R2

    Expenses

    • Tenant Pays: Electricity, Gardener, Gas, Other, Pool Service, Water

      Property Details

      General

      • Stories: 1
      • Laundry Features: Community, Laundry Area, Outside, Room
      • Lot Features: Corners Established, Curbs, Exterior Security Lights, Fenced, Fenced Yard, Lot Shape Rectangular, Lot Level Flat, Misting System, Sidewalks, Single Lot, Street Asphalt, Street Lighting, Street Paved, Utilities Overhead
      • Patio & Porch Features: Concrete Slab, Covered, Covered Porch, Enclosed, Lanai, Patio Open, Porch Front, Porch Rear, Slab
      • Pool: Fenced, Filtered, Gunite, Heated, In Ground, Private, Yes
      • Spa: Fenced, Gunite, Heated, Heated with Gas, In Ground, Private

      Parking

      • Garage: 0 0
      • Other Parking: Private

      Construction Details

      • Architectural Style: Mid Century
      • Foundation Details: Slab
      • Roof: Foam

      Other

      • Other Equipment: Barbeque, Cable, Ceiling Fan, Dryer, Garbage Disposal, Gas Dryer Hookup, Gas Or Electric Dryer Hookup, Hood Fan, Microwave, Range Oven, Refrigerator, Vented Exhaust Fan, Washer

        Location Details

        Region

        • City/Region: Palm Springs South End

          General

          • Direction Faces: North

            View

            • View Details: Hills, Mountains, Y

              MLS Details

              General

              • Days on Homes.com: 61
              • MLS Number: 21-784328
              • Listed: 10/6/2021
              • Last Updated: 12/6/2021
              • Offered By: Berkshire Hathaway HomeServices California
              • Listing Source: Combined La Westside - Claw
              Monthly Payment Calculator

              $7,061

              Estimated Mortgage
              Principal & Interest
              $5,042
              Insurance
              $523
              Taxes
              $1,495
              Mortgage Insurance
              $0
              i
              Include PMI: Private Mortgage Insurance (PMI) is required by lenders if the down payment is less than 20% of the home price. It is recommended to include this field if your down payment is less than 20% of the home price.
              i
              If you or your spouse are active or retired military you may be eligible for special VA loan programs for veterans. The VA loan programs include benefits like no down payment and no private mortgage insurance (PMI).
              Nearby Schools
              • Cahuilla Elementary School
                Class size: 22Distance: 0.42 mi
                B-
              • Raymond Cree Middle School
                Class size: 23Distance: 2.07 mi
                C+
              • Palm Springs High School
                Class size: 25Distance: 0.96 mi
                B
              Points of Interest

              Airports

              Distance
              • Palm Springs International
                4.5 mi

              Parks and Recreation

              Distance
              • Moorten Botanical Gardens
                1.3 mi

              Shopping Centers

              Distance
              • Strip Center at 650 E Sunny Dunes Rd
                0.4 mi
              • Strip Center at 600-616 Sunny Dunes Rd
                0.4 mi
              • Mittelmann Plaza
                0.6 mi
              Listing Agent
              Rick Chimienti
              Berkshire Hathaway HomeServices CaliforniaLicense # 01047001
              Palm Springs, CA
              Continue Your Search

              $1,495,000

              6 Beds6 Baths3,764 Sq. Ft.

              975 E Camino Parocela

              Palm Springs, CA 92264

              Rick Chimienti
              Berkshire Hathaway HomeServices California