Palm Springs, CA 92264,526 S CAMINO REAL
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Palm Springs, CA 92264,526 S CAMINO REAL
Palm Springs, CA 92264,526 S CAMINO REAL
Palm Springs, CA 92264,526 S CAMINO REAL
Palm Springs, CA 92264,526 S CAMINO REAL

$1,200,000

Est. payment /mo

$1,290,000

7.0%
Est.Price: ?

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526 S CAMINO REAL Palm Springs, CA 92264

0.51 Acres Lot

SOLD DATE : 04/12/2016

Key Details

Sold Price $1,200,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Warm Sands

MLS Listing ID 15931345PS

Sold Date 04/12/16

HOA Y/N No

Year Built 1947

Lot Size 0.508 Acres

Acres 0.5083

Property Description

This is one of the most interesting properties to come on the market in Warm Sands in some time. Once a boutique hotel and then apartments, this seven bedroom, seven bath, 4000 sq ft property has been beautifully refurbished throughout...sensitively restored to better accommodate the needs of the 21st century . What is more amazing is its potential. Situated on a 22,000 sq ft lot this property has three different APN's, and with it interesting different scenarios. We have spoken to couple of local vacation rental agencies and they seem to think you could best maximize the income by looking at it as a as a 7BD/7BA house as there are so few of them on the market. With this huge lot comes expansive views of the San Jacinto Mountains in a location that is central, close to shopping, restaurants and coffee houses.This could be your Shangri-La, all it needs now are your personal touches and an interesting vision for the future. Seller willing to carry. 50%DN, 15 yrs, 4.75% interest rate.

Location

State CA

County Riverside

Area 334 - South End Palm Springs

Interior

Heating Central

Fireplaces Type Living Room

Fireplace Yes

Appliance Dishwasher, Refrigerator

Exterior

Garage On Street

Pool Private

View Y/N Yes

View Mountain(s)

Parking Type On Street

Total Parking Spaces 2

Private Pool Yes

Building

Lot Description 2-5 Units/Acre

Story One

Entry Level One

Foundation Slab

Architectural Style Bungalow

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 508144003

Security Features 24 Hour Security

Special Listing Condition Standard

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Mike And Mary Jafarkhani

Mike And Mary Jafarkhani

+1(949) 533-5040

Our team is ready to help you sell your home for the highest possible price ASAP


California Regional MLS (CRMLS)
Listed by Gary Pisula • BHG Desert Lifestyle Properties
Bought with Gary Pisula • BHG Desert Lifestyle Properties

Mike And Mary Jafarkhani

Broker Associate | License ID: 00999447

+1(949) 533-5040

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