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Off market
  • $1,149,800

    500 W Racquet Club Rd, Palm Springs, CA 92262

    9beds
    3,745sqft
    MultiFamily
    Built in 1958
    -- sqft lot
    $1,149,800 Zestimate®
    $307/sqft
    $2,198 Estimated rent

    Home value

    $1,149,800

    $1.02M - $1.31M

    $2,198/mo

    Zestimate® history
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    $2,198/mo

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    $2,198/mo

    Rent Zestimate®

    Refinance and save

    $7,248/mo

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    $7,248/mo

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    What's special

    This mid-century modern, multi-family gem is located just outside of downtown Palm Springs and the historic Racquet Club! Ultra-private compound located in Chino Canyon with amazing mountain views adjacent to Little Tuscany. The property offers nine bedrooms, five baths, three full kitchens (two common), two laundry rooms, pebble tech pool, approximately 3,740 square feet of living space, which sits on an oversized corner lot just under 1/3 of an acre. It is currently being used as a sober living facility. Other uses include: assisted living, boutique hotel or vacation rental (buyer to confirm)--there is incredible upside potential for this property! The Palm Springs market is booming and development is inevitably moving northward. This property is in close proximity to future proposed developments such as The Racquet Club Hotel; Crescendo and Boulders communities; and Art Colony development project. Jump on this North Palm Springs multi-unit opportunity before it's too late! Appointment Only. Drive By Only. Do Not Disturb Tenants.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 5
    • 3/4 bathrooms: 5
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Garbage disposal, Refrigerator
    • Laundry: Community, Laundry Area, Individual Room
    Features
    • Flooring: Tile
    Interior area
    • Total interior livable area: 3,745 sqft

    Property

    Parking
    • Total spaces: 8
    Features
    • Has view: Yes
    • View description: Mountain
    Lot
    • Size: 0.3 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Tile
    Condition
    • Additions/Alterations
    • Year built: 1958

    Utilities & green energy

    • Sewer: In, Connected and Paid

    Community & HOA

    Location
    • Region: Palm Springs

    Financial & listing details

    • Price per square foot: $307/sqft

    Price history

    DateEventPrice
    3/25/2020Sold$770,000-0.6%$206/sqft
    Source: CDAR/ Desert Area MLS #219036273 Report a problem
    2/20/2020Pending sale$775,000$207/sqft
    Source: Coldwell Banker Residential Brokerage #219036273 Report a problem
    2/12/2020Listed for sale$775,000$207/sqft
    Source: Coldwell Banker Residential Brokerage #219036273 Report a problem
    1/23/2020Pending sale$775,000$207/sqft
    Source: Coldwell Banker Residential Brokerage #219036273 Report a problem
    1/6/2020Listed for sale$775,000-8.7%$207/sqft
    Source: Coldwell Banker Residential Brokerage #219036273 Report a problem
    4/25/2018Listing removed$849,000$227/sqft
    Source: Coldwell Banker Residential Brokerage - Palm Springs #17-241168PS Report a problem
    10/25/2017Pending sale$849,000$227/sqft
    Source: Coldwell Banker Residential Brokerage - Palm Springs #17-241168PS Report a problem
    9/8/2017Price change$849,000-5.6%$227/sqft
    Source: Coldwell Banker Residential Brokerage - Palm Springs #17-241168PS Report a problem
    8/12/2017Price change$899,000-5.3%$240/sqft
    Source: Coldwell Banker Residential Brokerage - Palm Springs #17-241168PS Report a problem
    7/18/2017Listed for sale$949,000$253/sqft
    Source: Coldwell Banker Residential Brokerage - Palm Springs #17-241168PS Report a problem
    7/5/2017Pending sale$949,000$253/sqft
    Source: Coldwell Banker Residential Brokerage - Palm Springs #17-241168PS Report a problem
    6/14/2017Listed for sale$949,000+58.2%$253/sqft
    Source: Coldwell Banker Residential Brokerage #17241168PS Report a problem
    12/18/2015Sold$600,000-22.6%$160/sqft
    Source: CDAR/ Desert Area MLS #214028652 Report a problem
    7/22/2015Pending sale$775,000$207/sqft
    Source: Keller Williams Realty #214028652 Report a problem
    5/19/2015Price change$775,000-11.4%$207/sqft
    Source: Keller Williams Realty #214028652 Report a problem
    8/3/2014Listed for sale$875,000$234/sqft
    Source: Keller Williams Realty #214028652 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Little Tuscany

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,149,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,149,800