Price Reduction - Views - Primary on Main
Address
555 S Thornhill Road Palm Springs, CA
Price
$ 2,995,000
Property Attributes
  • MLS#219078829
  • TypeIncome
  • CountyRIVERSIDE
  • CityPalm Springs
  • AreaPalm Springs South End
  • Zip92264
  • Style
  • Price$ 2,995,000
  • Bedrooms9
  • Full Bathrooms9
  • Half Bathrooms0
  • Sqr Footage5562
Listing Provided Courtesy Of:
Coldwell Banker Realty
Data Source:
California Desert Association of REALTORS® (CDAR)
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.

Price History
5/16/2022 Listed $3,250,000
6/28/2022 8% - $2,995,000

General Features

3/4 Baths 8
Attached Garage No
City Palm Springs
Cooling Heat Pump, Electric, Gas, Dual, Ceiling Fan(s), Air Conditioning
County Riverside
Full Baths 1
Garage Spaces 1.0
Heating Heat Pump
Interior Features Main Floor Bedroom, Main Floor Master Bedroom, All Bedrooms Down
Levels Ground Level, No Unit Above, One, Ground
Lot Size Square Feet 0.0
MLS Area 334 - Palm Springs South End
Mlsareaminor Warm Sands
New Construction No
Patio/Porch Features Concrete Slab, Other, Enclosed
Pool Features In Ground, Gunite, Private, Heated
Possession Subject To Tenants Rights
Property Condition Updated/Remodeled
Property Type C
Roof Composition Shingle
Security Features Card/Code Access, Other
Senior Community Y/N No
Sewer In, Connected and Paid
Standard Status Active
Status Active
Street Name Thornhill
Subdivision Name Not Applicable
Tenant Pays Electricity, Gas
View Mountain(s)
Year Built 1968

Interior Features

Air Conditioning Y/N Yes
Fireplace Y/N No
Flooring Ceramic Tile, Carpet
Heating Y/N Yes
Kitchen Appliances Disposal, Dishwasher, Dryer, Gas Range, Exhaust Fan
Laundry Features In Closet
Living Area 5562.0
Street Suffix Road
Total Bathrooms 9.0
Total Baths 9
Total Bedrooms 9
Total Stories 1
Window Features Blinds, Shutters

Exterior Features

Building Area Total 5562.0
Foundation Details Slab
Land Lease Type Fee
Lot Size Acres 0.0
Lot Size Area 14375.0
Lot Size Source Assessor
Parking Features Assigned
Pool Y/N? Yes
Spa No
Total Parking 9.0
View Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 92264

Price
AVG $2.96M
$3M
Visits
AVG 24
1
Year Built
AVG 1953
1968

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