485 W Tramview Road, Palm Springs, CA 92262

$718,000 Asking Price

4 beds
2 baths
1,318  sqft
Built in 1991

Welcome to 485 West Tramview! Located across from a newly renovated grassy park, in the rising neighborhood of Desert Highland, this property is a stand out for any portfolio. Short term rental projections for this one are just north of 100k+ annually and Desert Highland is one of the only neighborhoods left in Palm Springs with short term rental permits still available. Not only does 485 Tramview boost incredible income generating potential, it also lies within an area with active luxury development that is seemingly growing every day. Situated just west of the Miralon project, a masterplan community sure to bring an incredible amount of attention, desire and growth to the area. Enter through the manicured desertscaped front yard to an open floor plan with designer touches throughout. Flooded with natural bright light, this 4 bedroom 2 bath pool home comes fully furnished, it's a plug and play for any short term investor or permanent resident. Fully remodeled from top to bottom and sitting on an oversized 7400 sq foot lot with mountain and windmill views. Complete with recently installed dual paned, energy efficient windows, a top of the line and well maintained HVAC system, designer bathrooms and an ultra bright chefs kitchen with views of the well thought out outdoor space including a brand new pool and spa. This one checks all the boxes; short term rental permits available, substantial income generating potential, turnkey, furnished, fully remodeled, 4 bedrooms to maximize the investment, a stunning pool and spa, oversize lot perfect for entertaining, Ice cold HVAC system, located within a promising part of town that is currently seeing tremendous growth. 485 Tramview is a winner and it's my pleasure to bring it to market!


Features & Amenities

Interior

General:
All Bedrooms Down,Main Level Primary
Appliances:
Dishwasher,Gas Oven,Refrigerator,Water Heater,Dryer,Washer
Laundry:
Laundry Closet
Flooring:
Vinyl
A/C:
true, Central Air
Heating:
true, Central
Fireplace:
None

Exterior

General:
In Ground
Pool:
In Ground,Private
Parking:
Driveway,Garage, Parking spaces: 2

Construction

Windows:
Double Pane Windows
General:
1

Location

HOA Amenities:
0.0
Originating MLS:
CRMLS
School District:
Palm Springs Unified
County:
Riverside

Lot

Zoning:
RGA, 669381009
View:
Mountain(s), View

Utilities

Utilities:
Sewer Connected,Water Connected, Standard
Water:
Public
Sewer:
Public Sewer

Financial

Source:
CRMLS

This listing courtesy of:
Palm Realty Boutique, Inc., John (Jack) Mangin

About Palm Springs, CA

Housing

Number of Units
36,960
Median Home Value
$441,728
Median Rent
$1,131

34.53% of housing units are renter occupied.

29.66% are vacant.

Commute

Car
48.98%
Public Transportation
0.92%
Walk to Work
1.21%
Work from Home
47.90%
Other
0.53%

The median travel time to work is 13 minutes.

People

Population
48,368
Median Age
52.50
Median Household Size
2.13

Education

High School
19.41%
Associate’s Degree
7.63%
Bachelor’s Degree
23.81%
Graduate Degree
17.68%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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