Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1978
Sq.Footage
N/A
Welcome to 525 S Thornhill Rd, an exceptional five-residence multifamily offering nestled in the timeless allure of Palm Springs. This boutique investment property blends stable income performance with remarkable long-term upside, making it a rare opportunity in one of Southern California's most sought-after destinations.Currently 80% occupied, minus the owner's unit which will generate $2000 per month. At full occupancy the property will obtain a projected stabilized income of approximately $110,400--positioning it as both a reliable asset and a premium value-add candidate. Each residence is individually metered and comprises of approximately 800 sq ft. Each unit has a 1 bedroom, 1 bath layout with private courtyards and 1 assigned parking spot. The property offers comfort, livability, and the charm expected in a desert retreat,
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
N/A
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
1
-
Parking
Detached Carport
-
Pool
Yes
-
Pool Features
Private, Community, In Ground
Area & Lot
-
Lot Size(acres)
0.34
-
Property Type
Residential Income
Price
-
Sales Price
$1,525,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Senior Community YN
NO
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Location
County
Riverside
Elementary School
Middle School
High School
Listing Courtesy of Richard MacMillan , HomeSmart
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