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Sold for $1,400,000
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  • Listed by: Berkshire Hathaway HomeServices California Properties • Tad Smith • Contact: 760-567-7758
    Bought with: Miller & Desatnik Realty Co.
    $1,400,000

    981 E Parocela Pl, Palm Springs, CA 92264

    --beds
    --baths
    --sqft
    Multi Family
    Built in 1947
    -- sqft lot
    $1,300,000 Zestimate®
    $--/sqft
    $3,076 Estimated rent

    Home value

    $1,300,000

    $1.16M - $1.47M

    $3,076/mo

    Zestimate® history
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    $8,852/mo

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    What's special

    INCREDIBLE INVESTMENT PROPERTY! This quadruplex in centrally-located Warm Sands has been fully renovated in the last few years. All units are 2BD/1BA, with an eye for designer finishes and style galore! Pictures of the one unit are indicative of all the units, with minor differences. Upgrades/renovations in 2015 include HVACs for all units, double-pane windows and sliders, kitchens/baths/flooring, in-unit laundry, new roof profile, pool installation, with all units having direct access to the communal backyard pool/patio area, with intense views to the western mountains. 100% occupied by full time renters, smooth income stream in one of the most sought-after neighborhoods in Palm Springs. Each unit has separate meters for all utilities. Plenty of off-street parking for tenants. Single-car garage that can be rented for tenant storage.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tad Smith DRE #01990572 760-567-7758,

    Berkshire Hathaway HomeServices California Properties

    Bought with:

    Alan Wachman, DRE #01047592

    Miller & Desatnik Realty Co.

    Source: CRMLS,MLS#: 219094949DAMLS LogoOriginating MLS: California Desert AOR & Palm Springs AOR

    Facts & features

    Interior

    Rooms
    • Room types: Living Room
    Heating
    • Central
    Cooling
    • Central Air
    Features
    • Flooring: Tile
    • Has fireplace: No

    Property

    Parking
    • Total spaces: 11
    • Parking features: Assigned
    • Garage spaces: 1
    • Uncovered spaces: 10
    Features
    • Levels: One
    • Stories: 1
    • Has private pool: Yes
    • Pool features: Community, Gunite, In Ground
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 9,148 Square Feet
    Details
    • Parcel number: 508154015
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1947

    Community & HOA

    Community
    • Features: Pool
    • Subdivision: Warm Sands
    Location
    • Region: Palm Springs

    Financial & listing details

    • Date on market: 5/13/2023
    • Listing terms: Cash,Cash to New Loan,1031 Exchange
    • Tenant pays: Cable TV, Electricity, Gas, Water

    Price history

    DateEventPrice
    12/29/2023Sold$1,400,000-5.4%
    Source: CRMLS #219094949DA Report a problem
    12/28/2023Pending sale$1,480,000
    Source: Greater Palm Springs Realtors #219094949 Report a problem
    10/25/2023Contingent$1,480,000
    Source: CRMLS #219094949DA Report a problem
    10/12/2023Listed for sale$1,480,000
    Source: CRMLS #219094949DA Report a problem
    10/4/2023Contingent$1,480,000
    Source: Berkshire Hathaway HomeServices CA Properties #219094949DA Report a problem
    7/31/2023Pending sale$1,480,000
    Source: Berkshire Hathaway HomeServices CA Properties #219094949DA Report a problem
    7/31/2023Contingent$1,480,000
    Source: Greater Palm Springs Realtors #219094949 Report a problem
    7/1/2023Price change$1,480,000-4.5%
    Source: Greater Palm Springs Realtors #219094949 Report a problem
    5/13/2023Listed for sale$1,550,000+142.2%
    Source: Greater Palm Springs Realtors #219094949 Report a problem
    7/31/2015Sold$640,000-2.9%
    Source: Greater Palm Springs Realtors #15819459 Report a problem
    6/20/2015Pending sale$659,000
    Source: Sheppard & Co #15819459PS Report a problem
    5/1/2015Listed for sale$659,000+103.7%
    Source: Sheppard & Co #15819459PS Report a problem
    4/6/2012Sold$323,500+14.4%
    Source: Greater Palm Springs Realtors #21448198 Report a problem
    3/9/2012Pending sale$282,900
    Source: RE/MAX REAL ESTATE CONSULTANTS #21448198 Report a problem
    2/26/2012Listed for sale$282,900
    Source: REMAX REAL ESTATE CONSULTANTS Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Warm Sands

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,300,000
    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
    $1,300,000