Palm Springs, CA 92264,500 S Farrell DR #O93
Palm Springs, CA 92264,500 S Farrell DR #O93
Palm Springs, CA 92264,500 S Farrell DR #O93
Palm Springs, CA 92264,500 S Farrell DR #O93
Palm Springs, CA 92264,500 S Farrell DR #O93
Palm Springs, CA 92264,500 S Farrell DR #O93
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$400,000

$419,000

4.5%
Est.Price: ?

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Est. payment /mo

2 Beds

2 Baths

1,175 SqFt


SOLD DATE : 05/08/2023

Key Details

Sold Price $400,000

Property Type Condo

Sub Type Condominium

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

Bedrooms 2

Full Baths 2

Condo Fees $450

HOA Fees $450/mo

HOA Y/N Yes

Year Built 1984

Lot Size 1,306 Sqft

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

Area 334 - South End Palm Springs

Zoning RGA

Rooms

Main Level Bedrooms 2

Interior

Interior Features Balcony, Separate/Formal Dining Room, Furnished, Laminate Counters, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Primary Suite

Heating Central

Cooling Central Air

Flooring Tile, Vinyl

Fireplaces Type None

Fireplace No

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

Laundry Washer Hookup, Electric Dryer Hookup, Inside

Exterior

Garage Assigned

Carport Spaces 1

Fence See Remarks

Pool Association

Community Features Biking, Curbs, Dog Park, Foothills, Golf, Hiking, Park

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

Amenities Available Golf Course, Meeting/Banquet/Party Room, Outdoor Cooking Area, Picnic Area, Pickleball, Pool, Spa/Hot Tub, Tennis Court(s), Trash, Water

View Y/N Yes

View Hills, Mountain(s)

Roof Type See Remarks

Accessibility No Stairs

Porch Rear Porch, Concrete

Total Parking Spaces 1

Private Pool No

Building

Lot Description Near Park

Story 2

Entry Level One,Two

Sewer Public Sewer, Sewer Tap Paid

Water Public

Architectural Style Custom

Level or Stories One, Two

New Construction No

Schools

Elementary Schools Cahuilla

Middle Schools Raymond Cree

High Schools Palm Springs

School District Palm Springs Unified

Others

HOA Name Mesquite Country Club

HOA Fee Include Pest Control,Sewer

Senior Community No

Tax ID 502581093

Acceptable Financing Cash, Cash to New Loan, Conventional, Contract

Listing Terms Cash, Cash to New Loan, Conventional, Contract

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by JOSEPH HUELSKAMP • EXP REALTY OF CALIFORNIA INC • 714-585-5554
Bought with David Whitworth • Compass
agent-avatar

michelle@michellehomesellingteam.com

515 S Myrtle Ave, Monrovia, CA, 91016, USA

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