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Sold for $400,000 on 05/08/23
  • Listing Provided by: 

    JOSEPH HUELSKAMP DRE #01331563 714-585-5554,

    EXP REALTY OF CALIFORNIA INC

    $400,000

    500 S Farrell Dr UNIT O93, Palm Springs, CA 92264

    2beds
    1,175sqft
    Condominium
    Built in 1984
    -- sqft lot
    $407,400 Zestimate®
    $340/sqft
    $2,675 Estimated rent

    What's special

    Remodeled Ground Floor Condo in Beautiful Palm Springs, CA! The condo is nearly completely remodeled from top to bottom with new paint, floors, appliances, kitchen, bathroom fixtures, and comes fully furnished (with right offer). 2 Spacious Bedrooms, 2 Bathrooms, private Laundry and Low HOA! The Association dues include building maintenance, community maintenance, 4 association pools, Tennis, water, Internet, Cable TV, trash, and much more. You are located in an area of Palm Springs that is close to everything. Minutes to downtown and the airport. This unit is almost 100% occupied during the year generating nearly $4,000 a month income. Pro Rata at $150 a night would easily increase profits to $52,000 annual gross income. The numbers speak for themselves. This would be perfect for an AirBnB portfolio investor, Split-Year owner-user, or simply a perfect retirement home. Expand your rental exposure to include VRBO, Orbitz, Self Sustaining Website, and More! Don't forget this is NOT LEASED LAND! You own it. Perfect if you need a 1031 exchange. Buy this unit and earn immediate income.

    Zillow last checked: 7 hours ago

    Listing updated: May 08, 2023 at 11:35am

    Listing Provided by:

    JOSEPH HUELSKAMP DRE #01331563 714-585-5554,

    EXP REALTY OF CALIFORNIA INC

    Bought with:

    David Whitworth, DRE #01908154

    Compass

    Source: CRMLS,MLS#: IV23036334MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Dryer, Washer
    • Laundry: Washer Hookup, Electric Dryer Hookup, Inside
    Features
    • Balcony, Separate/Formal Dining Room, Furnished, Laminate Counters, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Primary Suite
    • Flooring: Tile, Vinyl
    • Has fireplace: No
    • Fireplace features: None
    • Furnished: Yes
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total interior livable area: 1,175 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned
    • Carport spaces: 1
    Accessibility
    • Accessibility features: No Stairs
    Features
    • Levels: One,Two
    • Stories: 1
    • Patio & porch: Rear Porch, Concrete
    • Pool features: Association
    • Has spa: Yes
    • Spa features: Association
    • Fencing: See Remarks
    • Has view: Yes
    • View description: Hills, Mountain(s)
    Lot
    • Size: 1,307 sqft
    • Features: Near Park
    Details
    • Parcel number: 502581093
    • Zoning: RGA
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Custom
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Roof: See Remarks
    Condition
    • New construction: No
    • Year built: 1984

    Utilities & green energy

    • Sewer: Public Sewer, Sewer Tap Paid
    • Water: Public
    • Utilities for property: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected

    Community & neighborhood

    Community
    • Community features: Biking, Curbs, Dog Park, Foothills, Golf, Hiking, Park
    Location
    • Region: Palm Springs
    • Subdivision: Mesquite Country Club (33465)

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $450 monthly
    • Amenities included: Golf Course, Meeting/Banquet/Party Room, Outdoor Cooking Area, Picnic Area, Pickleball, Pool, Spa/Hot Tub, Tennis Court(s), Trash, Water
    • Services included: Pest Control, Sewer
    • Association name: Mesquite Country Club
    • Association phone: 760-327-0301

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional,Contract
    • Road surface type: Paved
    Services availability
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