About 583 S Calle Abronia
Introducing a unique investment opportunity awaited by astute investors and developers alike. A charming quadraplex, minimal maintenance property, with few operating expenses, nestled in the scenic neighborhood of Palm Springs. This property boasts a diverse unit mix, including one spacious 2-bedroom, 1-bath unit, two comfortable 1-bedroom, 1-bath units, and one extra-large studio with one bathroom and a separate kitchen. These units combine ample living space with functional design that maximizes space and comfort. Each unit has its own washer & dryer and electric meter. Parking is never an issue, with assigned parking for each tenant. This quadraplex is not just a place to live, it is an investment in comfort and convenience, promising long-term rental income prospects and immediate returns with a Cap rate of about 7. Location is the ace in the hole for this property! Centrally located to several golf courses nearby for convenience, and popular courses a bit farther out. A short stroll away is the Ramon at Indian Canyon bus station, placing convenience right on your tenant's doorstep. The Grocery Outlet is a mere stone's throw away for your grocery runs. Tahquitz Canyon offers acres of natural beauty that is less than a mile away for those moments when grounding calls. Its the perfect backdrop for those Instagram-worthy sunset pics or a serene morning jog! Whether you're looking to live in one unit and accommodate multiple tenants in the other units, this property blends functionality with charm, set against the picturesque backdrop of Palm Springs. Turn this property int
Features of 583 S Calle Abronia
| MLS® # | IG25154374 |
|---|---|
| Price | $1,110,000 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 2,459 |
| Acres | 0.14 |
| Year Built | 1936 |
| Type | Residential |
| Sub-Type | All Other Attached |
| Style | Craftsman/Bungalow |
| Status | Active |
Community Information
| Address | 583 S Calle Abronia |
|---|---|
| Area | RIV CTY-PALM SPRINGS (92264) |
| Subdivision | Warm Sands |
| City | Palm Springs |
| County | Riverside |
| State | CA |
| Zip Code | 92264 |
Amenities
| Utilities | Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected |
|---|---|
| Parking Spaces | 4 |
| Parking | Assigned |
| View | Mountains/Hills |
| Is Waterfront | No |
| Has Pool | No |
| Pool | N/K |
Interior
| Appliances | Dishwasher,Dryer,Microwave,Refrigerator,Washer,Gas Oven,Gas Range |
|---|---|
| Heating | Energy Star |
| Cooling | Other/Remarks,Energy Star |
| Fireplace | No |
| Fireplaces | N/K |
| # of Stories | 1 |
| Stories | 1 Story |
Exterior
| Lot Description | Landscaped |
|---|---|
| Construction | Adobe,Concrete |
Additional Information
| Date Listed | April 8th, 2025 |
|---|---|
| Days on Market | 196 |
| Zoning | R2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | BPO HOMES INC. |
|---|