$ 1,525,000
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$1,525,000
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About the Listing CDAR-oD22725 - CDAR-D82613,CDAR-D79679
Welcome to 525 S Thornhill Rd, an exceptional five-residence multifamily offering nestled in the timeless allure of Palm Springs. This boutique investment property blends stable income performance with remarkable long-term upside, making it a rare opportunity in one of Southern California's most sought-after destinations.Currently 80% occupied, minus the owner's unit which will generate $2000 per month. At full occupancy the property will obtain a projected stabilized income of approximately $110,400--positioning it as both a reliable asset and a premium value-add candidate. The property has a total of 6 electric and 6 gas meters. Each residence is individually metered for gas and electric and has approximately 800 sq ft. of living space. Every unit comprises of a 1 bedroom and 1 bath layout along with private courtyards and 1 assigned parking spot. There is also a section of the lot on Thornhill Rd. that can be utilized for added parking or another potential unit. This property offers comfort, livability, and the charm expected in a desert retreat,
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances: Dishwasher, Electric Oven, Microwave, Refrigerator, Water Heater
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Yard,No Land Lease
- Garage Capacity: 1 car
- Parking Spaces: 15
- Zoning: R-2
- Roof:
- Others: Updated/Remodeled,2+ Total Units
- Sewer:
- Parking Features: Detached Carport
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 508220002
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
525 S Thornhill Rd Palm Springs, CA 92264
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