Palm Springs, CA 92264,525 S Thornhill RD
Palm Springs, CA 92264,525 S Thornhill RD
Palm Springs, CA 92264,525 S Thornhill RD
45
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$1,525,000
Est. payment /mo
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1 Bed
1 Bath
3,890 SqFt
Active

525 S Thornhill RD Palm Springs, CA 92264

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,890 sqft

Price per Sqft $392

Subdivision Warm Sands

MLS Listing ID 219138230

Style Hacienda,Spanish

Bedrooms 1

Full Baths 1

HOA Y/N No

Year Built 1978

Lot Size 0.340 Acres

Acres 0.34

Property Description

Welcome to 525 S Thornhill Rd, an exceptional five-residence multifamily offering nestled in the timeless allure of Palm Springs. This boutique investment property blends stable income performance with remarkable long-term upside, making it a rare opportunity in one of Southern California's most sought-after destinations.

Currently 80% occupied, minus the owner's unit which will generate $2000 per month. At full occupancy the property will obtain a projected stabilized income of approximately $110,400—positioning it as both a reliable asset and a premium value-add candidate. Each residence is individually metered and comprises of approximately 800 sq ft. Each unit has a 1 bedroom, 1 bath layout with private courtyards and 1 assigned parking spot. The property offers comfort, livability, and the charm expected in a desert retreat,

Location

State CA

County Riverside

Area 334 - Palm Springs South End

Zoning R-2

Interior

Heating Forced Air

Cooling Air Conditioning

Fireplace false

Exterior

Garage Spaces 1.0

Pool Community, In Ground

View Y/N true

View Mountain(s), Pool

Private Pool Yes

Building

Story 1

Entry Level One

Sewer In Street Paid

Architectural Style Hacienda, Spanish

Level or Stories One

Others

Senior Community No

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard


Listed by HomeSmart

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Todd St Pierre

Todd St Pierre

Real Estate Consultant | License ID: 2100619

+1(442) 305-7466

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525 S Thornhill RD