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Sold for $3,000,000 on 07/28/22
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  • Listing Provided by: 

    Doug Fischer DRE #01299270 760-776-9898,

    Coldwell Banker Realty

    $3,000,000

    555 S Thornhill Rd, Palm Springs, CA 92264

    --beds
    --baths
    --sqft
    Multi Family
    Built in 1968
    -- sqft lot
    $1,981,000 Zestimate®
    $--/sqft
    $2,561 Estimated rent

    What's special

    Thornhill Villas, a boutique apartment building which has been beautifully transformed! Originally built for Louise Lavelle of Louise's Pantry fame, this exceptional offering now boasts 8 unique villa homes where no stone was left unturned. An over $500k original remodel in 2014/2015 netted 2 new units from the original 6. All new kitchens, baths, a/c & heat equipment, new electric metering and master panels, all new dual glazed windows, new facade and added parking. Many additional projects over the years and exceptionally maintained. Long term happy tenants enjoy a solar heated sparking pool with units boasting substantial private tiled patios/ yard space & individual washers & dryers. A secure electronic entry opens to a beautiful courtyard with tropical landscapes and direct West mountain views. There is nothing like this on the market & the new owner will have flexibility to retain the existing tenants or consider a combination of seasonal rentals or partial owner occupancy. Areas for managers apartment or office. Compare this to single family homes in the Warm Sands neighborhood selling upwards of $2.5 million with half the square footage! Seller may consider financing up to 50% of the asking price.

    Zillow last checked: 7 hours ago

    Listing updated: December 04, 2024 at 09:42pm

    Listing Provided by:

    Doug Fischer DRE #01299270 760-776-9898,

    Coldwell Banker Realty

    Bought with:

    Royce Cablayan, DRE #01062078

    Christie's Int'l R. E. Sereno

    Source: CRMLS,MLS#: 219078829DAMLS LogoOriginating MLS: California Desert AOR & Palm Springs AOR

    Facts & features

    Interior

    Heating
    • Electric, Heat Pump
    Cooling
    • Dual, Electric, Gas, Heat Pump
    Appliances
    • Included: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Vented Exhaust Fan, Water Heater
    Features
    • Recessed Lighting
    • Flooring: Carpet, Tile
    • Has fireplace: No

    Property

    Parking
    • Total spaces: 9
    • Parking features: Assigned, Side By Side
    • Garage spaces: 1
    • Uncovered spaces: 8
    Features
    • Levels: One
    • Stories: 1
    • Has private pool: Yes
    • Pool features: Gunite, Electric Heat, In Ground, Private, Solar Heat
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 0.33 Acres
    • Features: Landscaped, Level, Paved, Rectangular Lot
    Details
    • Parcel number: 508220003
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Foundation: Slab
    • Roof: Composition,Other
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1968

    Community & neighborhood

    Security
    • Security features: Key Card Entry
    Location
    • Region: Palm Springs
    • Subdivision: Not Applicable-1

    HOA & financial

    Other financial information
    • Total actual rent: 12101

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Owner Will Carry,Owner May Carry
    Services availability