518 S EL CIELO Road, Palm Springs, CA 92264
$680,000
Property Type:
Residential Income
Bedrooms:
4
Baths:
3
Square Footage:
1,900
Lot Size (sq. ft.):
9,579
Status:
Closed
Current Price:
$680,000
List Date:
5/12/2019
Last Modified:
5/14/2026
Description
A lucrative opportunity to own an already remodeled triplex in the vibrant Palm Springs market. A well improved and reimagined resort style property. This income-generating asset is comprised of 2 buildings, which offer three very private units. Property is delivered vacant. Secluded pool and spa nested behind the hedges and gates of the property. Top notch remodel and appliances; from the Viking Stove to the high-end bathroom & shower finishes, nothing has been overlooked. Great location right off Ramon Rd. This real estate gem is now offered to qualified investors or future homeowners looking for a compound.
More Information MLS# 19452908
Listing, Location and Property Info
Entry Date: 2019-04-07
Land Type: Fee
Builders Tract Code: Not in a Development
General Property Information
Total Units: 3
SqFt Source: Appraiser
Building # of Stories: 1
Pool: No
Total Bedrooms: 4
Total Baths: 3
Approx SqFt: 1900
Lot Acres: 0.22
Lot Size: 9583
Lot Size Source: Other
Year Built: 1955
Listing Info
Number of Buildings: 2
Income & Expenses
Annual Gross Rent $: 43320
Gross Annual Income $: 43320
Gross Income $: 43320
Gross Operating Income $: 43320
Net Operating Income $: 27756
Total Annual Operating Expenses $: 43320
Assessed Improvement $: 232000
Vacancy Allowance % or $: 0
Sale Type
Standard: 1
Appliances
Refrigerator: 1
Water Filter: 1
Cooling Type
Air Conditioning: 1
Heating
Central: 1
Land Lease Type
Fee Simple: 1
Listing Location and Property Info
APN: 680031014
Status: Closed
Listing Date: 2019-04-07
Original List Price: 675000
Sold Price: $680,000
Current Price: $680,000
Street #: 518
Street Direction: S
Street Name: EL CIELO
Street Suffix: Road
County: Riverside
State: CA
Zip Code: 92264
Area: 334 - Palm Springs South End
Neighborhood: Demuth Park
Status Change Info
Status Change Date: 2019-08-06
Pending Date: 2019-05-11
Closed Date: 2019-08-06
Closed Price: 680000
Parking SpacesInformation
Total Parking Spaces: 6
Property Features
Sale Type: Standard
Appliances: Refrigerator; Water Filter
Cooling Type: Air Conditioning
Heating: Central
Land Lease Type: Fee Simple
Listing Office:
Coldwell Banker Realty
Listing Agent:
Panayot B Tomov
Last Updated: May - 14 - 2026
Information deemed reliable but not guaranteed.
