UPDATED:
09/30/2024 06:09 PM
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,555 sqft
Price per Sqft $514
Subdivision ,Desert Gighland/Gateway
MLS Listing ID OC24148503
Bedrooms 4
Full Baths 2
Construction Status Turnkey
HOA Y/N No
Year Built 1966
Lot Size 6,969 Sqft
Property Description
Upon entering through the large, high-quality motorized wooden gate, you are welcomed by the serene ambiance of palm trees lining the driveway. The exterior boasts a mature ficus hedge that wraps the property, ensuring privacy and seclusion.
Inside, the home exudes modern elegance with quartz countertops, stainless steel appliances, and a seamless flow from the gourmet kitchen to the open living and dining areas. Large windows frame breathtaking views of the surrounding San Jacinto mountains, creating a stunning backdrop for everyday living and entertaining.
This property presents a unique opportunity for income generation, approved for Airbnb rentals and positioned comfortably within the city’s rental cap in the Desert Highland/Gateway community. In 2023, it generated impressive gross rental receipts totaling over $122,000, underscoring its attractiveness as a vacation rental investment.
Valued at $800,000 during a recent refinance appraisal in January, this home represents not only a wise financial investment but also a haven for those seeking the quintessential Palm Springs lifestyle. With its prime location, modern amenities, and potential for lucrative rental income, this residence is poised to fulfill both personal enjoyment and financial goals.
Don’t miss your chance to own a piece of Palm Springs paradise – schedule a showing today and envision the limitless possibilities offered by this exceptional midcentury modern gem.
Location
State CA
County Riverside
Area 331 - North End Palm Springs
Zoning R1
Rooms
Main Level Bedrooms 4
Interior
Interior Features Separate/Formal Dining Room, Eat-in Kitchen, Furnished, Open Floorplan, Pantry, Stone Counters, All Bedrooms Down
Heating Central
Cooling Central Air
Flooring See Remarks
Fireplaces Type None
Fireplace No
Appliance Barbecue, Dishwasher, Freezer, Gas Cooktop, Disposal, Gas Oven, Gas Range
Laundry In Garage
Exterior
Garage Attached Carport
Garage Spaces 2.0
Garage Description 2.0
Fence Block, Privacy
Pool Gas Heat, Heated, In Ground, Private
Community Features Curbs
Utilities Available Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View Y/N Yes
View Mountain(s)
Roof Type Shingle
Accessibility None
Porch None
Attached Garage Yes
Total Parking Spaces 4
Private Pool Yes
Building
Lot Description Landscaped
Dwelling Type House
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Modern
Level or Stories One
New Construction No
Construction Status Turnkey
Schools
School District Palm Springs Unified
Others
Senior Community No
Tax ID 669382007
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
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