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981 E Parocela Place

Palm Springs, CA 92264

8 beds
4 baths
2,960 sqft
$472 per sqft
1947 build

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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.

Listing courtesy of DAMLS / Berkshire Hathaway HomeServices California Properties

Last checked: Checking… • Last updated Dec 30, 2023 •

MLS# 219094949 —

The Building

Year Built:

1947
Year Built Source:

None
Year Established:

None
Construction Materials:

Stucco
New Construction:

No
Builder Name:

None
Builder Model:

None
Architectural Style:

Mid Century
Building Area Total:

2960.0
Building Area Source:

None
# of Buildings:

None
# of Units Total:

None
Unit Number:

None
Building Name:

None
Building Features:

None
Stories:

None
Stories Total:

1
Levels:

Ground Level, No Unit Above
Door Features:

None
Basement:

None

Interior

Rooms Total:

None
Furnished:

None
Entry Location:

None
Flooring:

Ceramic Tile
Fireplace:

false
Dining Area:

true

Room Dimensions

Living Area:

2960.0
Living Area Source:

None

Location

Directions:

None
Cross Street:

Warm Sands/Parocela
Latitude:

33.814183
Longitude:

-116.536869

The Property

Property Type:

Residential Income
Property Subtype:

Quadruplex
Topography:

None
Lot Size Area:

9148.0
Lot Dimensions Source:

None
Lot Size Source:

Assessor
Current Use:

None
Possible Use:

None
View:

Mountain(s)
View:

true
Additional Parcels:

No
Property Attached:

No
Water Body Name:

None
Waterfront:

No
View:

Yes
Fencing:

None
Road Frontage Type:

None

Listing Agent

Contact info:

Taxes

Tax Legal Description:

None

Beds

Bedrooms Total:

8

Baths

Total Baths:

3.0
Total Baths:

4
Three Quarter Baths:

4
Partial Baths:

None

The Listing

Home Warranty:

No
Disclosures:

Property As Is
Buyer's Brokerage Compensation Type:

None

Heating & Cooling

Heating:

Central
Heating:

true
Heating -Central:

true
Cooling:

Central Air
Cooling:

true
Central Air:

true

Utilities

Water Source:

None
Sewer:

In, Connected and Paid

Schools

Elementary School:

None
Elementary School District:

None
Middle Or Junior School:

None
Middle Or Junior School District:

None

The Community

Subdivision Name:

Warm Sands
Gated Community:

No
Senior Community:

false
Senior Community:

No
Spa:

false
Pool:

Yes
Pool Private:

true
Pool Features:

Community, Gunite, In Ground
Pets Allowed:

None
Association:

None
Association Name:

None
Association Fee:

None
Association Fee Frequency:

None
Association Fee 2:

None
Association Fee 2 Frequency:

None
Cap Rate:

None
# of Units In Community:

None

Parking

Garage Spaces:

1.0
Covered Spaces:

None
Parking Total:

11.0
Parking Features:

Assigned, Total Uncovered/Assigned Spaces
Open Parking Spaces:

None
Assigned Parking:

true
Total Uncovered Assigned Spaces:

10.0

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
12/29/23 Dec 29, 2023	Sold	DAMLS	$1,400,000	-5.4%
12/28/23 Dec 28, 2023	Pending	DAMLS	$1,480,000
10/25/23 Oct 25, 2023	Sold Subject To Contingencies	DAMLS	$1,480,000

Multifamily Sold on 12/29/2023

$1,400,000

Listing provided by broker:

Tad Smith

Berkshire Hathaway HomeServices California Properties

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Listing Courtesy of: DAMLS and Berkshire Hathaway HomeServices California Properties.

The information being provided by DAMLS is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing.

Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of DAMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.

981 E Parocela Place

Palm Springs, CA 92264