225 South Cahuilla Road

Palm Springs, CA 92262

$1,790,000
Price
4
Beds
4
Baths
5,239 Sq. Ft.
$342 / Sq. Ft.
5,239
Sq. Ft.
$342
per Sq. Ft.

Description

This property boasts an unbeatable location! Opportunities to own a four-plex in the highly sought-after Historic Tennis Club area are rare. Just a short stroll from the restaurants and vibrant atmosphere of downtown Palm Springs, this property is a prime investment. Surrounded by multi-million dollar properties and with more developments on the horizon, the potential for this building is immense, making it highly attractive to astute investors. One unit has been completely renovated, and the others...This property boasts an unbeatable location! Opportunities to own a four-plex in the highly sought-after Historic Tennis Club area are rare. Just a short stroll from the restaurants and vibrant atmosphere of downtown Palm Springs, this property is a prime investment. Surrounded by multi-million dollar properties and with more developments on the horizon, the potential for this building is immense, making it highly attractive to astute investors. One unit has been completely renovated, and the others have seen various updates. The upstairs unit offers breathtaking mountain views from its private covered patio. The landscaped courtyard features a soothing spa, providing tenants with a perfect spot to unwind and socialize. This property truly has it all: location, location, location! Are you ready to add this exceptional asset to your portfolio?
  1. Listed by Thomas Khodjasarian • DRE #02016048 • Brokerage DRE #01825430 • Sarian Realty • 818-203-9676
  2. Listed by Henrik Khodjasarian • DRE #01825430 • Sarian Realty

Property Details for 225 South Cahuilla Road

Parking Spaces Total
4
Private Pool
No
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
5239
Assessor Parcel Number
513-151-010
Property Attached YN
false
LISTING UPDATED: 06/28/2024 05:04 AM

Property Details for 225 South Cahuilla Road

StatusActive
MLS #BB24128327
Days on Market71
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1971
CountyRiverside County

Building Information for 225 South Cahuilla Road

Building/Complex225 S Cahuilla RdFloor-Stories2Residences-Pet Policy-Year Built1971Building Size-

Property Information for 225 South Cahuilla Road

Income / Expense / Tax Details
Income Details
  • Gross Income: $7,940
  • Gross Scheduled Income: $8,450
  • Net Operating Income: $7,940
Expense Details
  • Operating Expense: $510
  • Gardener Expense: $250
  • Insurance Expense: $124
  • Trash Expense: $136
  • Total Expenses: $510
Tax / Assessment Info
  • Tax Block: 7
  • Tax Tract Number: 001036
  • Tax Census Tract: 446.06
  • CFD/Mello-Roos Fee: $1,239
  • Tax Lot: 3
Community / Development
Community / Development
  • Community Features: Suburban
Property / Structure Info
Interior Features
  • Appliances: Disposal, Gas Range, Refrigerator
  • Equipment: Laundry Area, Refrigerator
  • Interior Features: Living Room Balcony, Living Room Deck Attached, Recessed Lighting
  • Laundry: Yes
  • Laundry Features: Common Area
  • Heating Type: None
  • Heating: None
  • Heat Equipment: N/K
  • Flooring: Tile
Exterior Features
  • Security Features: Gated Community
  • Security: Gated Community
  • Entry Location: Front Gate
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: Community, In Ground
Land/Lot Info
  • Lot Features: Landscaped, Rectangular Lot, Paved
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Sewer: Public Sewer
Parking Info
  • Garage Spaces: 0
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Tennis Club
  • Builders Tract Code: Tennis Club (SFR) (33261)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,950
  • Unit Type Total Rent: $1,950
  • Unit Type Pro Forma: 1950
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,450
  • Unit Type Total Rent: $2,450
  • Unit Type Pro Forma: 2450
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,200
  • Unit Type Total Rent: $2,200
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,000
  • Unit Type Total Rent: $2,000
  • Unit Type Pro Forma: 200
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4

Property History for 225 South Cahuilla 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 225 South Cahuilla Road

Taxable ValueLand$255,000Additions$1,020,000Total$1,275,000
Tax Record2023$17,360 ($1,447 / month)
Home Facts
Total Finished SqFt3,380 SqFtAbove Grade Finished SqFt3,380 SqFtStories2Lot Size7,840 SqFtStyleQuadraplexYear Built1971ZoningR3CountyRIVERSIDEAPN513-151-010

Schools near 225 South Cahuilla 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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225 South Cahuilla Road is a multi-family home for sale in Palm Springs, CA 92262. This property was listed for sale on June 22, 2024 by Sarian Realty, it's currently listed at $1,790,000. It has been on the market for a total of 71 days and was last sold on December 1, 2021. 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. 225 South Cahuilla Road is a 4-bed, 4-bath, 5,239 sqft multi-family home built in 1971.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sarian Realty, Thomas Khodjasarian, DRE #02016048; Sarian Realty, Henrik Khodjasarian, DRE #01825430

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.