Palm Springs, CA 92264,500 S Farrell DR O93
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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
Listed by JOSEPH HUELSKAMP • EXP REALTY OF CALIFORNIA INC
Bought with David Whitworth

$400,000

Est. payment /mo

$419,000

4.5%
Est.Price: ?

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500 S Farrell DR O93 Palm Springs, CA 92264

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

MLS Listing ID CRIV23036334

Style Custom

Bedrooms 2

Full Baths 2

HOA Fees $450/mo

Year Built 1984

Lot Size 1,307 Sqft

Property Sub-Type Condominium

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

Dining Room Formal Dining Room

Kitchen Dishwasher, Garbage Disposal, Microwave, Other, Oven Range - Electric, Refrigerator, Oven - Electric

Interior

Heating Central Forced Air

Cooling Central AC

Fireplaces Type None

Laundry 30, Other, Washer, Dryer, 9

Exterior

Parking Features Assigned Spaces

Fence Other

Pool Community Facility, Spa - Community Facility

Utilities Available Electricity - On Site, Telephone - Not On Site

View Hills

Roof Type Other

Building

Story One Story

Sewer Sewer Available

Water District - Public

Others

Special Listing Condition Not Applicable

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