CA > Palm Springs > Warm Sands
Palm Springs, CA 92264,525 S Thornhill RD
Palm Springs, CA 92264,525 S Thornhill RD
Palm Springs, CA 92264,525 S Thornhill RD
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$1,525,000
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525 S Thornhill RD Palm Springs, CA 92264

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Anook Commandeur

Anook Commandeur

+1(760) 880-6888

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Warm Sands

MLS Listing ID 219138230DA

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1978

Property Description

Welcome to 525 S Thornhill Rd, an exceptional five-residence multifamily offering nestled in the timeless allure of Palm Springs. This boutique investment property blends stable income performance with remarkable long-term upside, making it a rare opportunity in one of Southern California's most sought-after destinations.Currently 80% occupied, minus the owner's unit which will generate $2000 per month. At full occupancy the property will obtain a projected stabilized income of approximately $110,400--positioning it as both a reliable asset and a premium value-add candidate. The property has a total of 6 electric and 6 gas meters. Each residence is individually metered for gas and electric and has approximately 800 sq ft. of living space. Every unit comprises of a 1 bedroom and 1 bath layout along with private courtyards and 1 assigned parking spot. There is also a section of the lot on Thornhill Rd. that can be utilized for added parking or another potential unit. This property offers comfort, livability, and the charm expected in a desert retreat,

Location

State CA

County Riverside

Area 334 - South End Palm Springs

Zoning R-2

Interior

Heating Forced Air

Fireplace No

Appliance Dishwasher, Electric Oven, Microwave, Refrigerator, Water Heater

Exterior

Parking Features Detached Carport

Garage Spaces 1.0

Carport Spaces 7

Garage Description 1.0

Pool Community, In Ground

Community Features Pool

View Y/N Yes

View Mountain(s)

Total Parking Spaces 15

Private Pool Yes

Building

Lot Description Yard

Story 1

Entry Level One

Architectural Style Spanish

Level or Stories One

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 508220002

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

Lease Land No

CRMLS – RECore
Listed by Richard MacMillan HomeSmart

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Anook Commandeur

Anook Commandeur

Agent | License ID: 02023329

+1(760) 880-6888

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