595 S Thornhill Road, Palm Springs, CA 92264

$925,000
: 7
BD
: 7
BA
: 4,267
SqFt

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List Price: $925,000
Status: ACTIVE
MLS#: 219151275
Year Built: 1958
Bedrooms: 7
Bathrooms: 7
Living Sq. Ft: 4,267
Lot Size: 14,810
Lot Location: Private
Days on Market: 0
Property Type: Multifamily
Stories: 1
Neighborhood: Warm Sands

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Property Description

Sago Palms -- Six-Unit Multifamily Property in the heart of Palm Springs. Located in the Warm Sands area of Palm Springs, Sago Palms is a unique six-unit multifamily property with a history as a former hotel. The property offers a mix of residential units, attractive amenities, and stunning mountain views. The property consists of: One, 2-bedroom, 2-bathroom unit with -- currently needs work Three, 1-bedroom, 1-bathroom units -- currently in rentable condition and Two studio apartments. A total of three gas fireplaces in various units. Community pool Shared laundry room -- no additional income Street/open parking Separate utility meters Leased solar system Upgraded plumbing Two tankless water heaters Stunning mountain views The property is being sold AS-IS. There are currently three tenants and one owner-occupant living on the property. All occupants are on month-to-month rental agreements, providing flexibility for a future owner. Current Rental Income: One bedroom units: $1200 per month Two bedroom units: $1600 per month. Studio apartments: $1085 per month.

(760) 771-8440

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