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525 E Cottonwood RD Palm Springs, CA 92262
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Key Details
Sold Price $683,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-1
MLS Listing ID 219037992PS
Sold Date 03/11/20
HOA Y/N No
Year Built 1960
Lot Size 10,515 Sqft
Property Description
Fantastic opportunity to create your own compound or rental property out of this 4 unit complex in north Palm Springs. Two spacious 1 bedroom units, one with its own private patio, and two studio units offer guests or family plenty of privacy while providing a sense of community at the same time. The vibe is 50's Palm Springs. Relax by the pool while sipping your favorite libation and take in the views of the San Jacinto Mountains set against the clear blue sky. Wanting a night out on the town? Some of the hottest restaurants, bars and shops are just a quick walk or ride away! Parking isn't a challenge with eight on-site spaces and neither is storage with a generous storage shed and laundry room on premises. The potential of this property is only limited by the scope of one's wildest imagination. Opportunity is the operative word here, are you ready to make it yours? (No rental history available as it has been a family vacation property.)
Location
State CA
County Riverside
Area 331 - North End Palm Springs
Zoning R-2
Interior
Heating Electric
Cooling Electric, Wall/Window Unit(s)
Flooring Carpet, Tile
Fireplace No
Appliance Gas Range, Refrigerator
Exterior
Parking Features Side By Side
Pool In Ground
Community Features Gated
View Y/N Yes
View Mountain(s)
Total Parking Spaces 8
Private Pool Yes
Building
Lot Description Level
Story 1
Foundation Slab
New Construction No
Others
Senior Community No
Tax ID 507023005
Security Features Gated Community
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Sandra Quinn • Berkshire Hathaway HomeServices California Properties