1123 El Cid, Palm Springs, CA 92262
Bedrooms: 3
Bathrooms: 2
Area: 1722 SqFt.
WONDERFULL PALM SPRINGS. The beauty of Palm Springs living awaits you in this home. Renovated and Furnished this home shows the grace and style of desert living with casual sophistication and de-lovely mixes of layered textures both inside and out to create a resort vacation style feel yet just comfy enough to make it your home sweet home too. This home comes FURNISHED and turn key so all you have to do is unpack or kick back and collect rental income. Currently the property is receiving AIRBNB equivalent income and this neighborhood has not reached the cities short term rental cap so the new owner just has to apply with the city on line to do short term rentals. Only minutes from Palm Canyon Drive the "strip" of Palm Springs that puts you just close enough to where all the action is with fine dining, signature cocktails, shows, shopping, gaming, night clubs and more. This property and location would make a great family home or getaway staycation home and investment plus at $481 price per sq. ft. this property is approx 24% below the average of $639 dollars per sq. ft. for active leased land homes in the neighborhood right now and it's even a higher percentage for those active homes not on leased land in the area and this home comes furnished! Zillow Zestimate is $846,300, Redfin Estimate is $823,730, Realtor.com Core Logic Estimate is $876,600. Hurry on this one!
CA DRE #01870580
6965 El Camino Real 105-690, Carlsbad CA 92009
877.692.8427
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