tomo logo

$1,875,000

Beds
5
Baths
4.0
sq ft
2,286

252 E Ocotillo Ave, Palm Springs, CA 92264

252 E Ocotillo Ave

Palm Springs, CA 92264

  • 90 days on market
    • Price drop $20,000↓
Ready to acquire a significant piece of American architecture? For the first time in 50 years, the architect William Gray Purcell's own vacation home is ready for its next chapter. With Historic Designation and possible Mills Act accreditation, this is a rare and superior find! Three structures surrounding the incredible pool include the main residence of a 2 bedroom 2 bath home, a 2 bedroom 1 bath Casita, AND another 1 bedroom 1 bath Cottage space. All together this compound is an incredible vacation home for a large family or an even better AirBnb rental space that would yield an insane ROI. This entire property has been completely remastered, including, but not limited to a brand NEW heated pool and spa, with new equipment, windows and doors, SOLAR, and nearly everything in-between! Covered RV parking to boot! This is a rare piece of PS architecture that must be seen to be appreciated. Located just off the main drag, giving you access to all that PS has to offer! No expense spared on this turnkey property you have been dreaming of!

Details

Property type

Single Family Residence

Est. home value

$1,259,288

Lot size

Unknown

Price per sq ft

$821

Year built

1935

Price History

12/10/2024
SanDiego

SanDiego #240022232

Price change
$1,875,000
-1.06%
11/29/2024
SanDiego

SanDiego #240022232

Price change
$1,895,000
-2.82%
11/05/2024
SanDiego

SanDiego #240022232

Price change
$1,949,900
-1.27%

Schools & Community

Neighborhood: 

Tahquitz River Estates

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Kiavi Funding Inc

Loan start date

September 2023

Original loan amount

$1,261,700

Est. remaining balance

Not provided

Interest rate

6.81%

Loan type

Building or Construction Loan

Seller

Nella Real Estate Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/18/2024 at 2:45 AM

Listing updated: 12/10/2024 at 3:41 PM

Listed by: Steve Price, Keller Williams San Diego Metro Phone #: (619) 233-5935

MLS: SanDiego #240022232

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