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481 Bradshaw Lane 13, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath

481 Bradshaw Lane 13, Palm Springs, California 92262 home-pic-0
ACTIVE$295,000
481 Bradshaw Lane 13, Palm Springs, California 92262
2Beds
2Baths
960Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income Potential: Currently rented with tenants in place, providing immediate income.
Top Cons:
Tenant Occupied: The property is being sold with tenants, which limits immediate owner occupancy and requires assuming the existing lease.

Compared to the nearby listings

Price:$295.0K vs avg $337.0K ($-42,000)41%
Size:960 sqft vs avg 1,068 sqft45%
Price/sqft:$307 vs avg $34636%

More Insights

Built in 1983 (42 years old).
Condition: The property was built in 1983. The kitchen and bathrooms appear functional but outdated. The images show some wear and tear, suggesting it requires minor updates. The AC unit was recently replaced, but the overall condition suggests it's aged but maintained.
Year Built
1983
Close
-
List price
$295K
Original List price
$308K
Price/Sqft
$307
HOA
$390
Days on market
-
Sold On
-
MLS number
25505541PS
Home ConditionFair
Features
Good View: City Lights, Desert, Mountain(s)
Patio
ViewCity Lights,Desert,Mountain(s)

About this home

Will present offers when received! AC Unit Replaced 5/29/2024. Top Floor! Great income producing property opportunity! This unit is currently rented and is being sold with tenants in place! Fee Simple with a low HOA of $390/ Mo. This 2 bedroom, 2 bathroom, 2 patio, upstairs unit has a view of SouthRidge Dr. Located in the Pueblo Sands subdivision featuring 2 community spas and pools. It includes one carport parking spot and one on site storage unit. Entertain on your patios, in your living area, at the pools and spas, or take a short drive in any direction and explore our beautiful and HIP desert. This sought after gated community is just a short walk away from The Palm Springs International Airport, a short walk away from Palm Springs High School, Prescott Preserve, Demuth Park, 3 minutes away from Gene Autry Plaza (which has an abundance of shopping), 5 minutes from The SmokeTree Commons, 8 minutes from Downtown Palm Springs, 10 minutes away from downtown Cathedral City. All travel times are approximate. Buyer to verify all info and assume tenant lease. Please do not disturb tenants. Showings are restricted; Proof of funds and pre-approval letter is required for any showings.

Nearby schools

4/10
Agua Caliente Elementary School
Public,•K-5•1.3mi
4/10
Raymond Cree Middle School
Public,•6-8•2.5mi
4/10
Desert Learning Academy
Public,•K-12•0.7mi
6/10
Cathedral City High School
Public,•9-12•3.4mi
Condition Rating
Fair
The property was built in 1983. The kitchen and bathrooms appear functional but outdated. The images show some wear and tear, suggesting it requires minor updates. The AC unit was recently replaced, but the overall condition suggests it's aged but maintained.
Pros & Cons

Pros

Income Potential: Currently rented with tenants in place, providing immediate income.
Location: Close proximity to Palm Springs International Airport, Palm Springs High School, shopping, and downtown Palm Springs and Cathedral City.
Top Floor Unit: Being a top-floor unit, it likely offers more privacy and potentially better views.
New AC Unit: The AC unit was recently replaced in May 2024, reducing immediate maintenance concerns.
Community Amenities: Access to two community spas and pools, enhancing lifestyle and appeal.

Cons

Tenant Occupied: The property is being sold with tenants, which limits immediate owner occupancy and requires assuming the existing lease.
Showing Restrictions: Showings are restricted and require proof of funds and pre-approval, potentially limiting buyer interest.
Buyer Verification: Buyer is responsible for verifying all information and assuming the tenant lease, adding due diligence requirements.

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