Active

575 S Calle Ajo

Palm Springs CA, 92264

$815,000


Active

Residential

Built in 1936

Listed by Lea Wiviott Boracchia with Wealth Partners Real Estate (323) 435-3398

Nestled in the heart of desirable Warm Sands neighborhood, one block off famous Indian Canyon - this historic duplex offers serenity with access a street over to world-class dining, shopping, vibrant nightlife and outdoor adventures.This architectural gem is freshly painted and offers NEW HE Air Conditioning System, window treatments & furniture! Just pack your bag and live almost free with one unit available for rent and one just waiting for you!Upper Unit: Features two spacious bedrooms and is currently unoccupied. With its classic architecture and cozy ambiance, this space offers both comfort and character.Lower Unit: a flexible studio that can also function as a one-bedroom, is rented on a month-to-month basis. Ideal for guests, extended family, or additional income.Expansive lot situated on a generous 6,098 square foot lot, this property presents a myriad of opportunities for expansion. Imagine adding a sparkling pool, or just some outdoor entertainment area furniture, or even additional living spaces--your vision can become a reality here. Cap rate is strong at over 5%. Tenant downstairs is month to month but open to staying. Upper unit is a great vacation rental, and there's lots of storage space that could easily be finished off to add another 400 square feet. Termite report from September, 2024 is clear.Whether you're looking for a solid investment property, a vacation getaway with built income, this is it! Interested parties verify all info thx

219116048PS

MLS ID

August 30, 2024

Listed

December 5, 2024

Updated

Map

575 S Calle Ajo
Palm Springs CA, 92264

Interior Features

Total Stories

2


Appliances

Disposal, Gas Oven, Gas Range, Gas Water Heater, Water Heater


Floor Description

Tile, Wood


Fireplace

No


Cooling

Yes


Cooling Description

Dual


Heating

Yes


Heating Description

Natural Gas, Wall Furnace

Exterior/Building Features

Lot Size

0.13 Acres


Lot Features

Back Yard, Front Yard, Landscaped, Near Public Transit, Paved


Architectual Style

Victorian


Roof

Clay

Other Property Details

Area Name

334 - South End Palm Springs


Days on Market

96


Garage

No


Parking

Driveway, Shared Driveway


Parking Total

2


View

No


County

Riverside


Pool

No

Listing History

Date

Event

Price

10/2/2024

Price change

$815,000

-2%

9/10/2024

Price change

$824,900

-3%

Listing Contact: (323) 435-3398 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 12/5/2024 at 1:12 PM UTC

 

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