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Geoffrey Moore

120 W Arenas Road, Ste 7
Palm Springs, CA
92262

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550 S El Cielo Rd, Palm Springs, CA – $2,800,000

  • $2.8M Price
  • 13,535 Sqft
  • 52 DOM
  • $2.8M Price
  • 13,535 Sqft
  • 52 DOM
  1. Home
  2. Palm Springs
  3. 550 S El Cielo Rd Palm Springs, CA - 92264

550 S El Cielo Rd

Exceptional resort style 15 unit apartment complex now available. Excellent investment opportunity with significant upside. A total living space of 13,535 SQFT. The compound comprises of 2 two-story buildings with a single level casita building in the center. A private setting with gated entrances, large pool area, and covered carport parking. Lush and green with mature landscaping and towering palm trees provide an inviting and oasis-like atmosphere. The property is fully leased with 15 long term quality leases. This apartment complex offers a stable income and value-add opportunity to capitalize on one of the most robust real estate markets in the country. Professionally managed.

Essential Information

  • MLS® #19445960PS
  • List Price$2,800,000
  • Sold Price$2,650,000
  • Bathrooms0.00
  • Square Footage13,535
  • Acres0.00
  • Year Built1970
  • TypeResidential Income
  • Sub-TypeApartment Building
  • StatusSold

Community Information

  • Address550 S El Cielo Rd
  • AreaPalm Springs South End (334)
  • SubdivisionDEMUTH PARK
  • CityPalm Springs
  • CountyRiverside
  • StateCA
  • Zip Code92264

Amenities

  • Parking Spaces20
  • ParkingCarport Detached

Interior

  • AppliancesRefrigerator
  • HeatingOther
  • # of Stories2

Cooling

Heat Pump(s), Zoned A/C, Room Refrig Air, Swamp Cooler(s) (N), Wall Unit(s), Wall or Window Units

Additional Information

  • Date ListedApril 15th, 2019
  • Days on Market52
  • ZoningR2

Listing Details

  • AgentP. Tomov(01915444)
  • OfficeColdwell Banker Residential Br
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Property Information

This property in Palm Springs is priced at $2,800,000 and located at 550 S El Cielo Rd.

P. Tomov(01915444), Coldwell Banker Residential Br.

Based on information from CARETS as of September 17th, 2019 at 1:17am PDT. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.