Active
500 W Racquet Club RD
PALM SPRINGS CA, 92262
$3,100,000
$871.28 per sqft
Active
9 Beds
5 Baths
3,558 sqft
Multi-family
Built in 1956
Coast Group is pleased to present 500 West Racquet Club, a newly renovated multifamily property consisting of three separate units, a pool, courtyard, and common area. Located in a highly desirable area just outside downtown Palm Springs and adjacent to restaurants and shops, this property offers a unique opportunity to own a meticulously remodeled space with various potential uses. Currently owner occupied, other possible uses include, but are not limited to, a family compound, personal residence, or short-term rental (subject to Palm Springs approval). 500 West Racquet Club is approximately 3,558 square feet, with the following breakdown: Unit one (1) is a 2-bedroom, 2-bath, Unit two (2) is a 2-bedroom, 2-bath, and Unit three (3) is a 5-bedroom, 2-bath. The property underwent a full renovation in 2023, down to the studs. The owner spared no expense, installing three new AC units and completing an interior remodel with updated flooring, kitchen appliances, and countertops. This property offers a lot of stability for any family, investor, seasoned investor or a 1031 exchange opportunity. Ownership is open to discussing partnership options, financing etc. Don't miss the opportunity to own this outstanding property with limitless potential!"
NP23230206MR
MLSⓇ ID
September 1, 2023
Listed
September 13, 2024
Updated
Map
500 W Racquet Club RD
PALM SPRINGS CA, 92262
Interior Features
Total Stories
1
Bedrooms
9
Total Bathrooms
5
Full Bathrooms
5
Laundry Description
Inside
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Central
Heating
No
Heating Description
None
Exterior/Building Features
Lot Size
0.31 Acres
Roof
Tile
Sewer
Public Sewer
School Information
School District
Palm Springs Unified
Other Property Details
Area Name
Palm Springs South End
Days on Market
29
Garage
No
Parking Total
0
View
Yes
View Description
Courtyard, Desert, Panoramic, Rocks
County
Riverside
Water Source
Public
Pool
Yes
Pool Features
Heated, Private
Zoning
R2
Listed by Justin Eakin with Coast Realty Services
Listing Contact: 949-677-5114
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Lucas Schelkens shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 9/13/2024