Martinez and Associates, as the exclusive listing agent, is pleased to offer for sale the fee simple interest in Cottonwood Apartments, a 10-unit multifamily community located in Palm Springs, California. Originally constructed in 1963, the property consists of eight one bedroom units, one two bedroom unit, and one three bedroom unit. Each unit has its own private patio and yard. Cottonwood is ideally situated just steps from uptown Palm Springs, which has seen a renaissance in recent years.
Sold for $2,080,000
Listing Provided by: PAEZ REALTY COMPANY
Bought with: NONMEMBER MRML
$2,080,000
550 E Cottonwood Rd, Palm Springs, CA 92262
21beds
11baths
7,700sqft
Multi Family
Built in 1960
-- sqft lot
$1,353,500 Zestimate®
$270/sqft
$3,379 Estimated rent
Home value
$1,353,500
$1.11M - $1.66M
$3,379/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listing Provided by:
William Melton DRE #01342816 909-476-3552,
PAEZ REALTY COMPANY
Bought with:
Janice Jackson, DRE #01131264
NONMEMBER MRML
Source: CRMLS,MLS#: CV24108311
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 21
- Bathrooms: 11
Heating
- None
Cooling
- Central Air
Appliances
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 7,700
- Total interior livable area: 7,700 sqft
Property
Features
- Levels: One
- Stories: 1
- Entry location: Cottonwood Road
- Pool features: Community
Lot
- Size: 0.25 Acres
- Features: 0-1 Unit/Acre
Details
- Parcel number: 507022008
- Zoning: R2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Community
- Community features: Street Lights, Sidewalks, Pool
Location
- Region: Palm Springs
- Subdivision: ,Other
Other
Other facts
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 7/23/2024 | Sold | $2,080,000-1%$270/sqft |
Source:  CRMLS #CV24108311 Report a problem | ||
| 7/16/2024 | Pending sale | $2,100,000$273/sqft |
Source: CRMLS #CV24108311 Report a problem | ||
| 5/29/2024 | Listed for sale | $2,100,000$273/sqft |
Source: CRMLS #CV24108311 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 92262
Nearby schools
GreatSchools rating
- 4/10Katherine Finchy Elementary SchoolGrades: K-5Distance: 0.6 mi
- 5/10Raymond Cree Middle SchoolGrades: 6-8Distance: 0.3 mi
- 5/10Palm Springs High SchoolGrades: 9-12Distance: 2.2 mi
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Estimated market value
$1,353,500
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
$1,353,500
- California
- Riverside County
- Palm Springs
- 92262
- 550 E Cottonwood Rd
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