Carol & Jay Starr | Debra Vollmer

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Listing provided courtesy of The Firm Brokerage - MLS#219101755MLS Provider

4775-4779 E Ramon RoadPalm Springs, CA 92264

Multi-Family · 40,000 Sq. ft. | 2.03 Acres

$6,500,000 Active

Overview

Time on Site:
36 days
Visits:
0

The Firm Brokerage is pleased to present a Class B industrial offering for sale at 4775 - 4779 Ramon Road in Palm Springs! Located just west of the intersection of Ramon Road and Gene Autry Trail & directly across from Palm Springs Airport, this 40,000 SF property consists of three separate buildings on over two acres of land. Building One, located directly on Ramon Road, is currently vacant and would be ideal for a number of retail or industrial uses with great visibility and storefront options. This building also includes an expansive mezzanine space and private restrooms. Building Two is a metal structure with tall ceilings and an outdoor storage area. Building Three is the largest space with over 20,000 of industrial space at 50% occupancy with tall ceilings, multiple roll up doors, and a second floor office space. The current tenants inside Building Three include an airport parking business and an exotic car mechanic which both have access to the expansive gated yard. These tenants can either stay in place to continue generating income or vacate for an owner-user. This well located property has tremendous upside and is able to support a wide range of uses for both potential tenants or an owner user. Reach out now for more information or if you'd like to schedule a private showing.

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Facts & Features

  • Type Multi-Family
  • Sq. ft. 40,000
  • Price/Sq.ft. $162
  • Lot 2.03 Acres

General

Building Information
  • Year Built: 1940
Location/Region
  • Country: US
  • County Or Parish: Riverside
  • MLS Area Major: 334 - Palm Springs South End
  • Subdivision Name: Demuth Park
  • Walk Score: 0
General Information
  • Disclosures: None
  • Property Type: Residential Income
  • Senior Community: false
  • Special Listing Conditions: Standard

Interior

Parking Information
  • Garage Spaces: 20.0
Beds/Baths
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 0
  • Bedrooms Total: 0
Building Interior
  • Building Area Total: 40000.0
General Information
  • Fireplace: false
  • Flooring: Concrete
  • Levels: Ground,Two,Multi/Split
  • Living Area: 40000.0
  • Spa: false
  • Stories Total: 2

Exterior

Parking Information
  • Parking Features: Oversized,Unassigned,Total Uncovered/Assigned Spaces
  • Parking Total: 70.0
Lot Information
  • Lot Size Acres: 2.03
  • Lot Size Area: 88427.0
  • Lot Size Source: Appraiser
  • Lot Size Square Feet: 88426.8
Waterfront/View
  • View: false
Building Exterior/Construction
  • Attached Garage: false
General Information
  • Carport Spaces: 10.0
  • Pool Private: false
  • Sewer: In Street Paid

Neighborhood

Palm Springs

Nestled at the base of the San Jacinto Mountains, the beautiful desert resort city of Palm Springs is an international destination for outdoor sport enthusiasts, Mid-Century architecture admirers, and fans of the glamour of Golden Era Hollywood. Palm Springs is located approximately 110 miles southeast of Los Angeles and 140 miles northeast of San Diego, making it an ideal distance for Southern California residents to escape for a quick getaway weekend or the perfect locale for a second home.
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Community

92264 (Palm Springs) Demographics
59
Median Age
400
Population Density (per sq. mile)
51%
College Educated
$60,318
Estimated Median Income
7,506
Estimated Total Home Owners
3,772
Estimated Total Renters
67% / 33%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

Elementary Schools
2
Public
Cahuilla Elementary
  • Grades: KG - 5
  • Enrollment: 483
4
Public
Cielo Vista Charter
  • Grades: KG - 8
  • Enrollment: 869
2
Public
Desert Learning Academy
  • Grades: KG - 12
  • Enrollment: 215
Middle Schools
4
Public
Cielo Vista Charter
  • Grades: KG - 8 /
  • Enrollment: 869
2
Public
Desert Learning Academy
  • Grades: KG - 12 /
  • Enrollment: 215
High Schools
2
Public
Desert Learning Academy
  • Grades: KG - 12 /
  • Enrollment: 215
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Monthly Cost

$
$ %
%
$
$
* Assumes 7.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Market Data

Based on the last 30 days in this zip code

$1,086,612
Median Sales Price
$564
Median Price per Square Foot
158
Properties Sold
162
New on Market
61
Average Days on Market
493
Properties for Sale
Calculations provided by Reliance Network

History

Date Event Value Agent
10/23/2023Source: California Desert MLS Added to Database
October 23, 2023