Sold
1085 E Ramon Road
Palm Springs CA, 92264
$2,860,000
$150.53 per sqft
Sold
19,000 sqft
Commercial
Built in 1985
Listed by Victoria Varon with Endeavor Group 949-690-6294
Fantastic investment opportunity in Palm Springs, blocks from downtown. 19 rental units, all 2 beds/2 baths. Half of the units have been renovated at turnover and include refinished cabinets, new tile flooring, new bath vanities and fixtures. Great curb appeal and nicely manicured; landscape has been recently replaced with low water desertscape. The four buildings face a courtyard with views of the gated pool and spa which were completely replastered last year as well as views of the mountainous landscape of Palm Springs. Low turnover in this desirable complex. Ample covered and uncovered assigned parking spaces. Laundry facilities on site are an opportunity for additional income. Two of four roofs replaced two months ago. Do not miss out on this prime piece of investment real estate.
LG16097843
MLSⓇ ID
May 9, 2016
Listed
March 18, 2024
Updated
Map
1085 E Ramon Road
Palm Springs CA, 92264
Interior Features
Total Stories
2
Laundry Description
Common Area
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
1.18 Acres
Lot Features
Lot Over 40000 Sqft, Landscaped, Paved, Street Level
Other Property Details
Area Name
699 - Not Defined
Days on Market
9
Garage
No
Parking Total
62
View
No
County
Riverside
Water Source
Public
Pool
No
Buyer Agency Compensation
2%
Listing Contact: 949-690-6294
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Data last updated on 3/18/2024 at 5:38 PM UTC