629 South Thornhill Road

Palm Springs, CA 92264

$1,799,000
Price
7
Beds
7
Baths
5,178 Sq. Ft.
$347 / Sq. Ft.
5,178
Sq. Ft.
$347
per Sq. Ft.

Description

Exceptional investment opportunity in the heart of Palm Springs. A mid-century inspired and resort-style (6) six-unit apartment building in sought-after Warm Sands neighborhood. The complex offers (5) five sizable one-bedroom, one-bath apartments and (1) one two-bedroom, two-bath apartment. There is approx. 5,178 sq. ft. of rentable space on an oversized large .34 acre lot. This private compound is nested in one of the best streets in Warm Sands, protected by lush hedges and mature landscape. The...Exceptional investment opportunity in the heart of Palm Springs. A mid-century inspired and resort-style (6) six-unit apartment building in sought-after Warm Sands neighborhood. The complex offers (5) five sizable one-bedroom, one-bath apartments and (1) one two-bedroom, two-bath apartment. There is approx. 5,178 sq. ft. of rentable space on an oversized large .34 acre lot. This private compound is nested in one of the best streets in Warm Sands, protected by lush hedges and mature landscape. The view from the gorgeous pool offers dramatic and picturesque mountain sights, making the property a true one-of-a-kind oasis for its residents. There is a gated entrance and off-street designated parking. Currently the property is leased to quality tenants. The apartment complex offers a stable income and future value-add opportunity. Don't miss out on this one!
  1. Listed by Panayot Tomov • DRE #01915444 • Brokerage DRE #01464847 • Coldwell Banker Realty
  2. Listed by Michael Romberg • DRE #01267191 • Brokerage DRE #01464847 • Coldwell Banker Realty

Property Details for 629 South Thornhill Road

Zoning
R2
Style
Mid-Century
Parcel Number
508220007
Total Units
6.0
Living Area
5178
Source Living Area
Assessor
Area
Palm Springs South End (334)
Subdivision Name
Warm Sands

Location

Listing Courtesy of Coldwell Banker Realty, Panayot Tomov, DRE #01915444; Coldwell Banker Realty, Michael Romberg, DRE #01267191
Add your commute
LISTING UPDATED: 04/10/2024 02:10 PM

Property Details for 629 South Thornhill Road

StatusActive
MLS #23-339421
Days on Market123
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1958
Lot Size0.34 AC / 14,810 SF
CountyRiverside County

Location

Listing Courtesy of Coldwell Banker Realty, Panayot Tomov, DRE #01915444; Coldwell Banker Realty, Michael Romberg, DRE #01267191
Add your commute

Building Information for 629 South Thornhill Road

Stories1Residences-Year Built1958Building Size-Lot Size0.34 AC / 14,810 SF

Payment Calculator

$10,801 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,818

Property Taxes

$983

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 629 South Thornhill Road

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 6
  • 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: Apartment
  • View: Yes
  • View Description: Mountains
  • View: Mountain(s)
  • Security Features: Gated
  • Direction Faces: West
  • Water Heaters: Yes
Contract Info
Contract Info
  • Financing: Cash, Cash To New Loan
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Owner Pays: Pool Service, Water, Gardener, Gas
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Lot Acreage: 0.34
  • Lot Size Square Feet: 14810
Parking Details
Parking Details
  • Parking Garage: Assigned
  • Total Parking: 8
  • Parking Features: Assigned
Interior Features
Interior Features
  • Levels: One
  • Cooling: Central Air
  • Cooling Type: Air Conditioning, Central
  • Heating: Central
  • Heating Type: Central
  • Flooring: Tile
  • Equipment: Microwave, Dishwasher, Refrigerator, Range/Oven, Ceiling Fan
  • Interior Features: Ceiling Fan(s)
  • Common Walls: Attached
  • Laundry: Laundry Area
Exterior Features
Exterior Features
  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: Fenced, Private
  • Pool Features: Fenced, Private
  • Roof: Flat
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 01-05-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 5
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $589,127.00
  • Assessed Improvement Percent: 74.07
  • Assessed Land Value: $206,190.00
  • Assessed Land Percent: 25.93
  • Assessed Total Value: $795,317.00

Property History for 629 South Thornhill Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 629 South Thornhill Road

Taxable ValueLand$206,190Additions$589,127Total$795,317
Tax Record2023$11,792 ($983 / month)
Home Facts
Total Finished SqFt5,178 SqFtAbove Grade Finished SqFt5,178 SqFtStories1Lot Size14,810 SqFtStyleMulti-Family Res (5+ Units)Year Built1958ZoningR2CountyRIVERSIDEAPN508-220-007

Schools near 629 South Thornhill Road

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.

Similar Homes

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629 South Thornhill Road is a multi-family home for sale in Palm Springs, CA 92264. This property was listed for sale on January 4, 2024 by Coldwell Banker Realty, it's currently listed at $1,799,000. It has been on the market for a total of 123 days and was last sold on October 30, 2013. 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. 629 South Thornhill Road is a 7-bed, 7-bath, 5,178 sqft multi-family home built in 1958.

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 Coldwell Banker Realty, Panayot Tomov, DRE #01915444; Coldwell Banker Realty, Michael Romberg, DRE #01267191

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.