517 East Camino Parocela

Palm Springs, CA 92264

$785,000
Price
4
Beds
4
Baths
1,806 Sq. Ft.
$435 / Sq. Ft.
1,806
Sq. Ft.
$435
per Sq. Ft.

Description

Built in 1935, this 4 unit cottage styled building is located in south Palm Springs in the Warm Sands Neighborhood, near downtown Palm Springs. Main unit is 2 bedroom and 1 bath. 2nd unit is 2 bedroom 1 bath. Plus two small studios. 3 fireplaces. Each unit was remodeled in1999-2000, with new plumbing, electrical, tile, and cabinetry. Central air and heating in each unit. Each has their own electrical meters and gas. Great long term tenants, with minimal maintenance. Whether investing or wanting to...Built in 1935, this 4 unit cottage styled building is located in south Palm Springs in the Warm Sands Neighborhood, near downtown Palm Springs. Main unit is 2 bedroom and 1 bath. 2nd unit is 2 bedroom 1 bath. Plus two small studios. 3 fireplaces. Each unit was remodeled in1999-2000, with new plumbing, electrical, tile, and cabinetry. Central air and heating in each unit. Each has their own electrical meters and gas. Great long term tenants, with minimal maintenance. Whether investing or wanting to live here, this south Palm Springs location and proximity to down town can't be beat.
  1. Listed by Kathleen Adams • DRE #01454467 • Brokerage DRE #01454467 • Kathleen Adams Real Estate, Inc.

Property Details for 517 East Camino Parocela

Zoning
R2
Style
Bungalow
Cross Streets
Calle Palo Fierro
Parcel Number
508133003
Total Units
4.0
Living Area
1806
Source Living Area
Estimated
Area
Palm Springs South End (334)

Location

Listing Courtesy of Kathleen Adams Real Estate, Inc., Kathleen Adams, DRE #01454467
Add your commute
LISTING UPDATED: 05/02/2024 02:16 PM

Property Details for 517 East Camino Parocela

StatusActive
MLS #24-364393
Days on Market62
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1935
Lot Size0.14 AC / 6,098 SF
CountyRiverside County

Location

Listing Courtesy of Kathleen Adams Real Estate, Inc., Kathleen Adams, DRE #01454467
Add your commute

Building Information for 517 East Camino Parocela

Stories1Residences-Year Built1935Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$4,712 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,284

Property Taxes

$428

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 517 East Camino Parocela

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
  • Builders Tract Name: Warm Sands
  • Builders Tract Code: 7100
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 1
  • Type Of Units: Apartments
  • View: Yes
  • View Description: Mountains
  • View: Mountain(s)
  • Water Heaters: Yes
Contract Info
Contract Info
  • Probate: No
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $37,747
  • Net Operating Income: $37,747.00
  • Gross Income: $46,747
  • Gross Rent Multiplier: $17.00
  • Actual Annual Gross Rent: $46,747.00
  • Total Annual Expense: 9000.
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Lot Acreage: 0.14
  • Lot Size Square Feet: 6098
  • Lot Size Dimensions: 60x102
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Assigned, Side By Side, Uncovered, Driveway - Gravel
  • Total Parking: 0
  • Parking Features: Assigned, Side by Side, Uncovered, Gravel
Interior Features
Interior Features
  • Levels: One
  • Fireplace Features: Wood Burning
  • Fireplace Rooms: Wood Burning
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Equipment: Garbage Disposal, Range/Oven, Refrigerator, Cable, Hood Fan, Recirculated Exhaust Fan
  • Common Walls: Attached
  • Laundry: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 03-29-2024
  • Rent Control: No
  • Tenant Pays: Gas, Cable TV
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,179.70
  • Unit Actual Rent: $14,156.00
  • Unit Projected Rent: $14,156.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,076.90
  • Unit Actual Rent: $12,923.00
  • Unit Projected Rent: $12,923.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $786.50
  • Unit Actual Rent: $9,438.00
  • Unit Projected Rent: $9,438.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $852.50
  • Unit Actual Rent: $10,230.00
  • Unit Projected Rent: $10,230.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $258,918.00
  • Assessed Improvement Percent: 79.15
  • Assessed Land Value: $68,199.00
  • Assessed Land Percent: 20.85
  • Assessed Total Value: $327,117.00

Property History for 517 East Camino Parocela

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 517 East Camino Parocela

Taxable ValueLand$68,199Additions$258,918Total$327,117
Tax Record2023$5,131 ($428 / month)
Home Facts
Total Finished SqFt1,707 SqFtAbove Grade Finished SqFt1,707 SqFtStories1Lot Size6,098 SqFtStyleQuadraplexYear Built1935ZoningR2CountyRIVERSIDEAPN508-133-003

Schools near 517 East Camino Parocela

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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517 East Camino Parocela is a multi-family home for sale in Palm Springs, CA 92264. This property was listed for sale on March 3, 2024 by Kathleen Adams Real Estate, Inc., it's currently listed at $785,000. It has been on the market for a total of 62 days and was last sold on May 26, 2009. This listing's school district is Palm Springs Unified School District. Nearby schools include Cahuilla Elementary School, Raymond Cree Middle School and Palm Springs High School. 517 East Camino Parocela is a 4-bed, 4-bath, 1,806 sqft multi-family home built in 1935.

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 Kathleen Adams Real Estate, Inc., Kathleen Adams, DRE #01454467

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.