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Listed by: Richard MacMillan (760) 574-2299 DRE #01183445, Paige Maccio-Smith DRE #01956853 | HomeSmart (760) 844-7500
$1,525,000
-- Bed
- -- Bath
--sqft
525 S Thornhill Rd, Palm Springs, CA 92264
$1,525,000
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Multi Family
Built in 1978
$-- HOA
14,810 sqft lot
--/sqft
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 fo...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1978
HOA Fees
-
Finished Area
- sqft
Lot Size
14,810 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
219138230DA
MLS Status
Active
Days on Market
30
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