525 S Thornhill RD Active Save Request In-Person Tour Request Virtual Tour
Palm Springs,CA 92264
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Warm Sands
MLS Listing ID 219138230DA
Year Built 1978
Lot Size 0.340 Acres
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. Each residence is individually metered and comprises of approximately 800 sq ft. Each unit has a 1 bedroom, 1 bath layout with private courtyards and 1 assigned parking spot. The 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
Exterior
Parking Features Detached Carport
Garage Spaces 1.0
Garage Description 1.0
Pool Community,In Ground
Community Features Pool
View Y/N Yes
View Mountain(s)
Building
Lot Description Yard
Story 1
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan
Listing Terms Cash,Cash to New Loan
Special Listing Condition Standard