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1425 S Via Soledad 1425 S Via Soledad 5 Unit Apartment Building $2,767,863 CAD ($553,573 CAD/Unit) Palm Springs, CA 92264
EXECUTIVE SUMMARY
This fully renovated mid-century modern property showcases five impeccably updated units, each featuring granite countertops, stainless steel appliances, and new marble and stone flooring. Offered furnished, the property is adaptable for short- or long-term rentals and is well-suited for use as a boutique hotel and has an existing conditional use permit for a drug and alcohol rehabilitation facility. Ask broker about potential conversion to up to 10 units.
At the heart of the property is a serene central pool surrounded by a covered patio, creating multiple shaded lounging and entertaining areas. Water features throughout the grounds enhance the tranquil, resort-like ambiance. Mature landscaping, thoughtful layout, and perimeter privacy elements provide a secluded, peaceful environment for guests or residents.
The property will be delivered completely vacant, offering maximum flexibility for new ownership. Situated on a quiet residential street in the desiderable neighborhood of Tahquitz River Estates in South Palm Springs, it is centrally located within walking distance of downtown, providing convenient access to premier dining, shopping, and entertainment.
At the heart of the property is a serene central pool surrounded by a covered patio, creating multiple shaded lounging and entertaining areas. Water features throughout the grounds enhance the tranquil, resort-like ambiance. Mature landscaping, thoughtful layout, and perimeter privacy elements provide a secluded, peaceful environment for guests or residents.
The property will be delivered completely vacant, offering maximum flexibility for new ownership. Situated on a quiet residential street in the desiderable neighborhood of Tahquitz River Estates in South Palm Springs, it is centrally located within walking distance of downtown, providing convenient access to premier dining, shopping, and entertainment.
PROPERTY FACTS
| Price | $2,767,863 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $553,573 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.34 AC |
| No. Units | 5 | Building Size | 5,645 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1957 |
| Zoning | R2 | ||
| Price | $2,767,863 CAD |
| Price Per Unit | $553,573 CAD |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.34 AC |
| Building Size | 5,645 SF |
| No. Stories | 1 |
| Year Built | 1957 |
| Zoning | R2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Washer/Dryer Hookup
- Ceiling Fans
- Tile Floors
- Kitchen
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | - | 1,200 |
| 3+2 | 1 | - | 1,400 |
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PROPERTY TAXES
| Parcel Number | 508-344-001 | Improvements Assessment | $1,450,527 CAD |
| Land Assessment | $403,317 CAD | Total Assessment | $1,853,844 CAD |
PROPERTY TAXES
Parcel Number
508-344-001
Land Assessment
$403,317 CAD
Improvements Assessment
$1,450,527 CAD
Total Assessment
$1,853,844 CAD
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