Palm Springs, CA 92264,500 S Farrell Drive #O93
Palm Springs, CA 92264,500 S Farrell Drive #O93
Palm Springs, CA 92264,500 S Farrell Drive #O93
$400,000
Est. payment /mo
$419,000
4.5%
Est.Price: ?

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2 Beds
2 Baths
1,175 SqFt
SOLD DATE : 05/08/2023

Key Details

Sold Price $400,000

Property Type Condo

Sub Type All Other Attached

Listing Status Sold

Purchase Type For Sale

Square Footage 1,175 sqft

Price per Sqft $340

Subdivision Mesquite Country Club (33465)

MLS Listing ID IV23036334

Sold Date 05/08/23

Style Custom Built

Bedrooms 2

Full Baths 2

HOA Fees $450/mo

Year Built 1984

Property Sub-Type All Other Attached

Property Description

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.

Location

State CA

County Riverside

Zoning RGA

Direction HWY 111 SOUTH TO RAMON RD. RIGHT ON RAMON. LEFT ON FARRELL.

Interior

Interior Features Balcony, Formica Counters, Furnished

Heating Forced Air Unit

Cooling Central Forced Air

Flooring Linoleum/Vinyl, Tile

Fireplace No

Appliance Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Oven, Electric Range

Laundry Electric, Washer Hookup

Exterior

Parking Features Assigned

Fence Other/Remarks

Pool Association

Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Sewer Available, Water Available, Sewer Connected, Water Connected

Amenities Available Banquet Facilities, Outdoor Cooking Area, Picnic Area, Pool

View Y/N Yes

Water Access Desc Public

View Mountains/Hills

Roof Type Other/Remarks

Accessibility No Interior Steps

Porch Slab, Concrete

Building

Story 2

Sewer Public Sewer, Sewer Paid

Water Public

Level or Stories 2

Others

HOA Name Mesquite Country Club

Special Listing Condition Standard

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MLS Router / San Diego MLS
Listed by JOSEPH HUELSKAMP EXP REALTY OF CALIFORNIA INC
Bought with NON LISTED AGENT NON LISTED OFFICE
Kobe Zimmerman

+1(858) 753-3353

kobezimmerman@bhhscal.com

Serving San Diego County, United States

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