$1,090,000
Welcome to this exceptional income-producing quadraplex nestled in one of Palm Springs most desirable neighborhoods! This smartly configured multi-family property offers savvy investors an outstanding opportunity to generate reliable rental income while enjoying the desert lifestyle. Spanning nearly 2,500 square feet, this thoughtfully designed building features four distinct units that cater to a variety of tenant needs. You will find a spacious 2-bed, 1-bathroom unit perfect for small families or roommates, two comfortable 1-bedroom, 1-bathroom and 1-Extra-large studio that maximizes every square inch of living space. With five bedrooms and four bathrooms in total, this property delivers impressive versatility and strong rental potential. The location truly shines here. Parking considerations have been thoughtfully addressed with assigned parking for each unit. Residents enjoy the convenience of nearby public transit options, making car-free living entirely feasible. The neighborhood exudes that perfect blend of accessibility and tranquility. Whether you are expanding your investment portfolio or stepping into the world of multi-family ownership for the first time, this quadraplex checks all the boxes with a CAP RATE of 8.6. Schedule your private showing today and discover why this property represents such a compelling opportunity in the heart of the desert! Ideal for 1031 Exchange.
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Listed by BRIAN DROZE with BPO HOMES INC. (888) 616-5270
Property Type
Single Family Residence
Status
Active
MLS Number
IG26024498
Year Built
1936
Lot Size
6,098 sq ft