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975 E Camino Parocela, Palm Springs, CA 92264

List Price: $1,995,000On Market FlagOn market
Jun 16, 20253,764 sqft6 beds6 baths
Listed by: Rick Chimienti
License #: 01047001
Phone #: 310-777-2810
Berkshire Hathaway HomeServices California Properties
Source:
CRMLS Logo
MLS #: 25533215

Property Description

This unique 5-unit compound is located in the prime and much sought-after Warm Sands area of South Palm Springs. Centrally located and close to the Downtown Palm Springs Village. Fully gated & secure. Classic Mid-Century Modern architecture Garden-Style apartment complex. It can be operated as an apartment building, or live in one unit and rent out the rest, or convert it to a boutique hotel. Minutes to the many fine shops and restaurants on Palm Canyon Drive. The perfect desert retreat! Five units total, four 1bd/1ba and one 2bd/2ba. The front unit is a detached house that has a living room with a modern rock fireplace, kitchen with a dining area, private patio with mountain views, and is 1-bedroom, 1-bath. The additional units include three 1-bedroom/1-bath units and one 2-bedroom/2-bath unit. All of these units have living rooms, impeccably maintained vintage Mid-Century Modern kitchens with original metal cabinets, breakfast bars, and dining areas. All overlook central garden areas and all have private back patios. The newly renovated pool has a large patio area with mountain views, all new pool equipment in a secure equipment area. A facilities-only electrical line was added for the grounds, the pool and laundry room. Included in the purchase price are all appliances (refrigerators, ovens, stoves, washer, dryer). All 5 units are separately metered. Buyer to co-operate with "possible" Seller's 1031 Tax Deferred Exchange at no cost to Buyer. Broker, Broker's Agents, & Sellers do not represent and/or guarantee the accuracy of the square footage, permitted or unpermitted space, bedroom/bath count, lot size/dimensions, schools, or any other information concerning the conditions or features of the property & surrounding area, including property income. The buyer is advised to independently verify the accuracy of all information through personal inspection and/or investigation with appropriate professionals to satisfy themselves regarding all material issues of the subject property etc.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$15,882

TurboHome Estimated Value

$1,526,900

$406 sqft

High Valuation
$1,603,245
$426/sqft
Normal Valuation
$1,526,900
$406/sqft
Low Valuation
$1,450,555
$385/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$406/sqft$1,526,900

Neighborhood: Warm Sands

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Comparative Value

$1.68M

$2.00M

1047 Tamarisk Rd, Palm Springs, CA 92262

Sale Price: $1,682,375

Selected Comparable

975 E Camino Parocela, Palm Springs, CA 92264

List Price: $1,995,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
975 E Camino Parocela, Palm Springs, CA 92264

975 E Camino Parocela, Palm Springs, CA 92264

List: $1,995,000

Listed: 6/16/2025

Area:3,764 sqft
Price/sqft:$530
Beds:6
Baths:6
Year Built:
Lot Size:9,583

Comparable Properties

COMPARABLE
Choose comps
1047 Tamarisk Rd, Palm Springs, CA 92262

1047 Tamarisk Rd, Palm Springs, CA 92262

Sale: $1,682,375

7/15/20251.35 mi

Area:3,419 sqft
Price/sqft:$492
Beds:5
Baths:5
Year Built:
Weight:100.0%

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