500 South Farrell Drive, Unit O93

Palm Springs, CA 92264

$400,000
Last Sold Price
2
Beds
2
Baths
1,175 Sq. Ft.
$340 / Sq. Ft.
1,175
Sq. Ft.
$340
per Sq. Ft.

Description

Remodeled 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....Remodeled 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. 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 into this income producing unit. ASK listing agent for financials.
  1. Listed by JOSEPH HUELSKAMP • DRE #01331563 • Brokerage DRE #01878277 • EXP REALTY OF CALIFORNIA INC • 714-585-5554

Property Details for 500 South Farrell Drive, Unit O93

Architectural Style
Custom Built
View
Mountain(s)
Parking Spaces Total
3
Private Pool
No
Cooling Type
Central Forced Air
Total Units
1.0
Building Type
Attached
Lot Size Source
Assessor

Location

Listing Courtesy of EXP REALTY OF CALIFORNIA INC, JOSEPH HUELSKAMP, DRE #01331563

Sold By Compass, David Whitworth, DRE #01908154

Add your commute
LISTING UPDATED: 05/08/2023 04:34 AM

Property Details for 500 South Farrell Drive, Unit O93

StatusClosed
MLS #IV23036070
Days on Market43
Taxes-
HOA Fees$450 / month
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Condominium
Year Built1984
CountyRiverside County

Location

Listing Courtesy of EXP REALTY OF CALIFORNIA INC, JOSEPH HUELSKAMP, DRE #01331563

Sold By Compass, David Whitworth, DRE #01908154

Add your commute

Building Information for 500 South Farrell Drive, Unit O93

Building/ComplexMesquite Country ClubFloor-Stories2Residences-Pet Policy-Year Built1984Building Size-

Payment Calculator

$2,903 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,183

Property Taxes

$270

HOA Dues

$450

The Payment Calculator is for illustrative purposes only.

Property Information for 500 South Farrell Drive, Unit O93

Rental Info
Rental Info
  • Tenant Pays: None
  • Pets Allowed: Call For Rules
Income / Expense / Tax Details
Income Details
  • Gross Income: $3,500
  • Gross Scheduled Income: $3,500
  • Net Operating Income: $3,000
  • Current Financing: None
  • Financing: Cash
Expense Details
  • Operating Expense: $300
  • Gardener Expense: $0
  • Cable TV Expense: $0
  • Fuel Expense: $0
  • Furniture Replacement Expense: $0
  • Electric Expense: $125
  • Insurance Expense: $35
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $160
Tax / Assessment Info
  • Tax Tract Number: 183...
  • Tax Census Tract: 9407.00
  • CFD/Mello-Roos Fee: $253
  • Tax Lot: 1
Community / Development
Community / Development
  • Accessibility Features: No Interior Steps
  • Disability Access: No Interior Steps
  • Association Amenities: Pool, Spa/Hot Tub, Outdoor Cooking Area, Golf Course, Banquet Facilities, Recreation Room
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Biking, Foothills, Golf, Hiking, Lake, Park, Sidewalks
  • Number Of Units In Community: 600
  • Complex Name: Mesquite Country Club
  • Association Name: Mesquite Country Club
  • Association Phone: 7603270301
Property / Structure Info
Interior Features
  • Appliances: Electric Oven, Electric Range, Electric Cooktop, Disposal, Microwave, Refrigerator
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Oven, Electric Range
  • Interior Features: Furnished, Living Room Balcony, Open Floorplan
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Room Bathroom Features: Shower in Tub, Formica Counters
  • Bedroom Features: All Bedrooms Down, Main Floor Bedroom, Main Floor Master Bedroom, Master Bedroom, Master Suite, WalkInCloset
  • Room Kitchen Features: Kitchen Open to Family Room, Stone Counters
  • Eating Area: In Family Room, Dining Room
  • Laundry: Yes
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Inside, Washer Hookup, Washer Included
  • Laundry Location: Inside
  • Laundry Utilities: Electric, Washer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Fireplace: N/K
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Heat Equipment: Forced Air Unit
  • Floor Coverings: Linoleum/Vinyl, Tile
  • Flooring: Tile, Vinyl
Exterior Features
  • Roof: See Remarks
  • Fence: Yes
  • Fence: Other
  • Fencing: See Remarks
  • Structure Type: House
  • Miscellaneous: Foothills
  • View Description: Hills
  • Patio: Yes
  • Patio: Slab, Concrete
  • Patio And Porch Features: Concrete, Rear Porch, Slab
  • Pool Features: Association
  • Pool Description: Association Pool
  • Pool: Association
  • Spa Features: Association
  • Tennis: Yes
Land/Lot Info
  • Lot Features: Park Nearby
  • Lease Considered: No
  • Number Of Units: 1
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: One, Two
  • Water: Public
  • Sewer: Public Sewer, Sewer Paid
  • Sewer/Septic: Public Sewer, Sewer Paid
  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Electric: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Controlled Entrance
  • Parking Garage Spaces: 0
  • Parking Garage: Assigned
  • Carport Spaces: 3
  • Parking Features: Controlled Entrance, Covered, Paved
Property / Structure Info
  • Builders Tract Name: Mesquite Country Club
  • Builders Tract Code: Mesquite Country Club (33465)
  • Architectural Style: Custom Built
  • Residential Styles: All Other Attached
  • Residential Unit Location: 2+ common walls
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $3,500
  • Unit Type Total Rent: $3,500
  • Unit Type Pro Forma: 4500
  • Unit Type Type: 1
Unit Information
  • Number Of Units Leased: 1
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0
  • Number With Range: 1
  • Number With Refrigerator: 1
  • Number With Disposal: 1
  • Number With Drapes: 1
  • Number With Patio: 1

Property History for 500 South Farrell Drive, Unit O93

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 500 South Farrell Drive, Unit O93

Taxable ValueLand$31,534Additions$204,979Total$236,513
Tax Record2023$3,244 ($270 / month)
Home Facts
Beds2Baths2Total Finished SqFt1,175 SqFtAbove Grade Finished SqFt1,175 SqFtStories2Lot Size1,306 SqFtStyleCondominiumYear Built1984ZoningRGACountyRIVERSIDEAPN502-581-093Fireplace TypeHas Fireplace

Schools near 500 South Farrell Drive, Unit O93

This home is within Palm Springs Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Cahuilla Elementary School
PublicK to 5

Raymond Cree Middle School
Public6 to 8

Palm Springs High School
Public9 to 12

Desert Learning Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP REALTY OF CALIFORNIA INC, JOSEPH HUELSKAMP, DRE #01331563

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.