tomo logo

$699,000

Beds
2
Baths
1.0
sq ft
912

4348 E Camino Parocela, Palm Springs, CA 92264

4348 E Camino Parocela

Palm Springs, CA 92264

  • 19 days on market
    • Price drop $50,000↓
Welcome to this stunning, fully remodeled mid-century pool home, originally crafted by renowned architect Jack Meiselman and now an established cash flowing rental property. The property brings in around $10,000 gross revenue per month as a short term rental. Meticulously reimagined from top to bottom, this residence offers the perfect blend of modern luxury and timeless charm. Step inside and be greeted by a brand new open concept kitchen, where culinary enthusiasts will delight in the sleek finishes, top-of-the-line appliances, and ample storage space. The thoughtfully designed layout seamlessly connects the kitchen to the living and dining areas, creating a harmonious flow for both entertaining and everyday living. Every aspect of this home has been carefully upgraded, including all new windows and sliders that flood the interior with natural light while providing energy efficiency. Stay comfortable year-round with a brand new AC system and enjoy the inviting ambiance created by the new recessed lighting throughout. Indulge in the spa-like experience offered by the new bathroom, complete with modern fixtures and exquisite finishes. The new tile flooring adds a touch of elegance and complements the home's contemporary aesthetic. The exterior of this property is equally impressive, boasting a meticulously landscaped yard that sets the stage for outdoor gatherings and relaxation. The crown jewel of this oasis is the brand new pool and spa, providing a private retreat where you can unwind and soak up the warm Palm Springs sunshine. Ideally located in south Palm Springs, this home offers a desirable respite from the strong desert winds, while still being within close proximity to all the attractions the city has to offer. Situated in the highly sought-after Demuth Park neighborhood, you'll enjoy the trendy ambiance and convenience of being near downtown. With no HOA fees or land lease, this home offers both flexibility and affordability. For investors looking to maximize their ROI or full-time residents seeking an affordable Palm Springs home, this is an exceptional opportunity. To top it all off, this home can be sold turnkey furnished, allowing for a seamless transition into your dream Palm Springs lifestyle. Don't miss out on the chance to own this perfect blend of modern luxury, mid-century charm, and prime location. Schedule your showing today and prepare to be captivated by all that this remarkable property has to offer.

Details

Property type

Single Family Residence

Est. home value

$726,227

Lot size

8,276 sq ft

Price per sq ft

$767

Year built

1953

Price History

09/26/2024
CRMLS

CRMLS #OC24186760

Price change
$699,000
-6.68%
09/09/2024
CRMLS

CRMLS #OC24186760

Listed
$749,000
-3.35%
09/13/2023
CRMLS

CRMLS #OC23114725

Sold
$775,000

Schools & Community

Neighborhood: 

Demuth Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park

High school district: 

Palm Springs Unified

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

Edward Gambito Alegre

Loan start date

September 2023

Original loan amount

$190,000

Est. remaining balance

Not provided

Interest rate

6.81%

Loan type

Commercial

Seller

Lionell Properties Llc

Lender

Ony Glo Inc

Loan start date

September 2023

Original loan amount

$620,000

Est. remaining balance

$613,430

Interest rate

6.78%

Loan type

New Conventional, 30 year

Seller

Lionell Properties 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?

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Status: Active

Tomo last checked: 09/27/2024 at 5:30 PM

Listing updated: 09/25/2024 at 9:35 PM

Listed by: William Green, Fortune Weavers Realty Inc. Phone #: (562) 761-2721

MLS: CRMLS #OC24186760

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