$2,995,000
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9 Beds
9 Baths
5,562 SqFt
SOLD DATE : 07/28/2022
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,562 sqft
Price per Sqft $539
Subdivision Warm Sands
MLS Listing ID 219078829DA
Sold Date 07/28/22
Bedrooms 9
Full Baths 1
Three Quarter Bath 8
Construction Status Updated/Remodeled
Year Built 1968
Annual Tax Amount $35,940
Lot Size 0.330 Acres
Property Sub-Type Multi-Family
Property Description
Thornhill Villas, a boutique apartment building which has been beautifully transformed! Originally built for Louise Lavelle of Louise's Pantry fame, this exceptional offering now boasts 8 unique villa homes where no stone was left unturned. An over $500k original remodel in 2014/2015 netted 2 new units from the original 6. All new kitchens, baths, a/c & heat equipment, new electric metering and master panels, all new dual glazed windows, new facade and added parking. Many additional projects over the years and exceptionally maintained. Long term happy tenants enjoy a solar heated sparking pool with units boasting substantial private tiled patios/ yard space & individual washers & dryers. A secure electronic entry opens to a beautiful courtyard with tropical landscapes and direct West mountain views. There is nothing like this on the market & the new owner will have flexibility to retain the existing tenants or consider a combination of seasonal rentals or partial owner occupancy. Areas for managers apartment or office. Compare this to single family homes in the Warm Sands neighborhood selling upwards of $2.5 million with half the square footage! Seller may consider financing up to 50% of the asking price.
Location
State CA
County Riverside
Area Palm Springs South End
Rooms
Kitchen Granite Counters, Remodeled
Interior
Interior Features Laundry Closet Stacked, Pre-wired for high speed Data, Recessed Lighting
Heating Electric, Heat Pump
Cooling Air Conditioning, Ceiling Fan, Dual, Electric, Gas, Heat Pump(s)
Flooring Carpet, Ceramic Tile
Equipment Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Network Wire, Range/Oven, Refrigerator, Washer
Laundry In Closet
Exterior
Parking Features Assigned, Side By Side
Garage Spaces 9.0
Pool Gunite, Heated, In Ground, Private
View Y/N Yes
View Mountains
Roof Type Composition, Other, Shingle
Building
Lot Description Landscaped, Lot Shape-Rectangular, Lot-Level/Flat, Street Paved, Street Public
Story 1
Foundation Slab
Sewer In Connected and Paid
Water Water District
Structure Type Stucco
Construction Status Updated/Remodeled
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Christie's Int'l R. E. Sereno
