981 E Parocela Place, Palm Springs, CA 92264

About this property

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 description from the December 2023 sale, as reported to CRMLS.

Sale history

$1,400,000

Sold December 2023 · listed $1,480,000, orig. $1,550,000, on market May 2023 · MLS #219094949DA · Source: CRMLS

Listing Agent: Tad Smith · Listing Office: Berkshire Hathaway HomeServices California Properties · Contact: (760) 323-5000 · Bought with: Alan Wachman · Miller & Desatnik Realty Co.

$640,000

Sold July 2015 · listed $659,000, on market January 2015 · MLS #15819459PS · Source: CRMLS

Listing Agent: Lee Sheppard · Listing Office: Sheppard & Co · Contact: (619) 726-7544 · Bought with: Brady Sandahl · Hom Sotheby's International Re

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