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Off market
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  • $996,600

    521 Desert Way APT 1-5, Palm Springs, CA 92264

    8beds
    3,900sqft
    MultiFamily
    Built in 1963
    -- sqft lot
    $996,600 Zestimate®
    $256/sqft
    $2,043 Estimated rent

    Home value

    $996,600

    $867,000 - $1.15M

    $2,043/mo

    Zestimate® history
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    Owner options

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    $2,043/mo

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    $2,043/mo

    Rent Zestimate®

    Refinance and save

    $6,345/mo

    Est. payment

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    $6,345/mo

    Est. payment

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    What's special

    Welcome Brokers/Agents 2% consideration 3-2Bd/1b - 2-1Bd/1b en-suite, w extra office/sitting area/Owner occupied Exception remodeled units, w/mnth-mnth or short term left on all leases. Much upside as residential long term rental use. Or capitalize on conversion to Clean & Sober Living, Rehabilitation project or Assisted Living, etc. Many options, including utilizing this amazing jewel in your portfolio as you own personal family or corporate retreat. Amazing salt water pool n spa. See Palm Springs City planning for multi allowed uses. Zone R2/Residential w/light commercial. Mark Blundell 760.902.8604 Multiple opportunities await, or change nothing and start collecting rental income at close of escrow. Unit #1 - $2400 Furnished monthly Unit#2 - Owner occupied private business Unit#3,#4 Owner's Unit/Highly upgrade, saltwater pool and spa(private or not) resort style back patio width of entire property. Estimated rent $2000 each #3 & #4 Unit#5 - $1205 M2M/ LTT subject to rent increase now Tenants pay, own elec/gas/cable Owner pays water(avg $40monthly), Unit#3 elec -$90avg/gas$25avg/cable$100, property tax $5500/ ULTRA LOW MAINTENANCE PROPERTY, EXTREMELY LOW OPERATING COST, ENERGY & WATER EFFICIENT BUILDING!!!

    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: 8
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Heat pump, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Carpet, Linoleum / Vinyl
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total interior livable area: 3,900 sqft

    Property

    Parking
    • Total spaces: 9
    • Parking features: Off-street
    Features
    • Exterior features: Stucco
    • Has spa: Yes
    • Has view: Yes
    • View description: Mountain
    Lot
    • Size: 0.3 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1963

    Community & HOA

    Community
    • Features: Fifty Five Plus Active Community
    • Senior community: Yes
    Location
    • Region: Palm Springs

    Financial & listing details

    • Price per square foot: $256/sqft

    Price history

    DateEventPrice
    3/24/2021Listing removed--
    Source: Owner Report a problem
    6/13/2019Listing removed$979,999$251/sqft
    Source: Owner Report a problem
    5/29/2019Listed for sale$979,999+1%$251/sqft
    Source: Owner Report a problem
    3/7/2019Listing removed$969,900$249/sqft
    Source: Owner Report a problem
    1/15/2019Price change$969,900-2%$249/sqft
    Source: Owner Report a problem
    11/25/2018Price change$989,999-10%$254/sqft
    Source: Owner Report a problem
    9/16/2018Listed for sale$1,100,000+104661.9%$282/sqft
    Source: Owner Report a problem
    1/7/2015Listing removed$975
    Source: Palm Springs Homes and Leasing Report a problem
    12/3/2014Listed for rent$975
    Source: Palm Springs Homes and Leasing Report a problem
    10/21/2014Listing removed$975
    Source: Palm Springs Homes and Leasing #14785373PS Report a problem
    8/17/2014Listed for rent$975
    Source: Palm Springs Homes and Leasing #14785373PS Report a problem
    8/8/2014Listing removed$1,050
    Source: Visual Tour Report a problem
    7/23/2014Listed for sale$1,050
    Source: Visual Tour Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Demuth Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $996,600
    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
    $996,600