500 S Farrell Dr #O93, Palm Springs, CA 92264
$400,000 Mortgage Calculator Sold on May 8, 2023 Condominium
Property Details
About this Property
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.
MLS Listing Information
MLS #
CRIV23036334
MLS Source
California Regional MLS
Interior Features
Bedrooms
Ground Floor Bedroom, Primary Suite/Retreat
Kitchen
Other
Appliances
Dishwasher, Garbage Disposal, Microwave, Other, Oven - Electric, Oven Range - Electric, Refrigerator, Dryer, Washer
Dining Room
Formal Dining Room
Fireplace
None
Laundry
Other
Cooling
Central Forced Air
Heating
Central Forced Air
Exterior Features
Roof
Other
Pool
Community Facility, Spa - Community Facility
Style
Custom
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Garage: 0 Car(s)
Elementary District
Palm Springs Unified
High School District
Palm Springs Unified
HOA Fee
$450
HOA Fee Frequency
Monthly
Complex Amenities
Barbecue Area, Community Pool, Golf Course, Other, Picnic Area
Zoning
RGA
Neighborhood: Around This Home
Neighborhood: Local Demographics
Market Trends Charts
500 S Farrell Dr O93 is a Condominium in Palm Springs, CA 92264. This 1,175 square foot property sits on a 1,307 Sq Ft Lot and features 2 bedrooms & 2 full bathrooms. It is currently priced at $400,000 and was built in 1984. This address can also be written as 500 S Farrell Dr #O93, Palm Springs, CA 92264.
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This listing information is up-to-date as of May 08, 2023. For the most current information, please contact JOSEPH HUELSKAMP, (714) 585-5554
