500 S Farrell Drive O93 Palm Springs CA 92264 MLS #IV23036334

500 S Farrell Drive O93
Palm Springs, CA, 92264
$419,000
2 Beds
2 Baths
1,175 SqFt
0.03 Acres
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.

Property Details

Price:
$419,000
MLS #:
IV23036334
Status:
Closed ((May 8, 2023))
Beds:
2
Baths:
2
Address:
500 S Farrell Drive O93
Type:
Condo
Subtype:
Condominium
Subdivision:
Mesquite Country Club (33465)
City:
Palm Springs
Listed Date:
Mar 3, 2023
State:
CA
Finished Sq Ft:
1,175
ZIP:
92264
Lot Size:
1,307 sqft / 0.03 acres (approx)
Year Built:
1984

Schools

Elementary School:
Cahuilla
Middle School:
Raymond Cree
High School:
Palm Springs

Interior

Accessibility Features
No Interior Steps
Appliances
Dishwasher, Electric Oven, Electric Range, Electric Cooktop, Disposal, Microwave, Refrigerator
Cooling
Central Air
Fireplace Features
None
Flooring
Tile, Vinyl
Heating
Central
Interior Features
Balcony, Formica Counters, Furnished

Exterior

Association Amenities
Pickleball, Pool, Spa/ Hot Tub, Outdoor Cooking Area, Picnic Area, Golf Course, Tennis Court(s), Pest Control, Banquet Facilities, Trash, Sewer, Water
Community Features
Biking, Curbs, Dog Park, Foothills, Golf, Hiking, Park
Fencing
See Remarks
Garage Spaces
0.00
Lot Features
Park Nearby
Parking Features
Assigned
Pool Features
Association
Roof
See Remarks
Sewer
Public Sewer, Sewer Paid
Spa Features
Association
Stories Total
2
View
Hills, Mountain(s)
Water Source
Public

Financial

Association Fee
450.00
HOA Frequency
Monthly
Utilities
Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected

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John Cyr

John Cyr

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Courtesy of EXP REALTY OF CALIFORNIA INC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Palm Springs, Coachella Valley, and High Desert. Detailed information about real estate listings held by brokerage firms other than Leaskou Partners, Inc include the name of the listing broker. Neither the listing company nor Leaskou Partners, Inc shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Palm Springs, Coachella Valley, and High Desert. All rights reserved.
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500 S Farrell Drive O93
Palm Springs, CA
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