Palm Springs, CA 92264,555 S Thornhill RD
$3,000,000
$2,995,000
0.2%
Est.Price: ?

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0.33 Acres Lot

555 S Thornhill RD Palm Springs, CA 92264

Est. payment /mo
SOLD DATE : 07/28/2022

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Key Details

Sold Price $3,000,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Not Applicable-1

MLS Listing ID 219078829DA

Sold Date 07/28/22

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1968

Lot Size 0.330 Acres

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.

Location

State CA

County Riverside

Area 334 - South End Palm Springs

Interior

Interior Features Recessed Lighting

Heating Electric, Heat Pump

Cooling Dual, Electric, Gas, Heat Pump

Flooring Carpet, Tile

Fireplace No

Appliance Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Vented Exhaust Fan, Water Heater

Exterior

Garage Assigned, Side By Side

Garage Spaces 1.0

Garage Description 1.0

Pool Gunite, Electric Heat, In Ground, Private, Solar Heat

View Y/N Yes

View Mountain(s)

Roof Type Composition,Other

Parking Type Assigned, Side By Side

Total Parking Spaces 9

Private Pool Yes

Building

Lot Description Landscaped, Level, Paved, Rectangular Lot

Story 1

Entry Level One

Foundation Slab

Level or Stories One

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 508220003

Security Features Key Card Entry

Acceptable Financing Cash, Cash to New Loan, Owner Will Carry, Owner May Carry

Listing Terms Cash, Cash to New Loan, Owner Will Carry, Owner May Carry

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Doug Fischer • Coldwell Banker Realty
Bought with Royce Cablayan • Sereno Group

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Nicole Parent

Broker Associate | License ID: 01827226

+1(559) 930-7171

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