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Renovated Quadplex with Pool
For Sale
Contact for pricing
Pending

981 E Camino Parocela, Palm Springs, CA 92264

Four renovated residences feature separate utility meters, in-unit laundry, and direct access to a shared pool and patio.

Property SizeContact for details
Days on Market142

Property Features for 981 E Camino Parocela

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%

Units

Unit Mix 4 x 2BD/1BA
Multifamily Units 4

Additional Details

Utilities to Site Yes

Amenities

pool
in-unit laundry
patio
garage storage

Building Details

Year Renovated 2015
Buildings 1
Tenancy Multi
Listing Agency: Berkshire Hathaway HomeServices California Properties Palm Springs
Listed By: Tad Smith · License #CA DRE #01990572
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 2:17AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices California Properties Palm Springs

Investment Insights

Based on property information with market context.

This four-unit residential income property was renovated in 2015 with HVAC systems, double-pane windows and sliders, updated kitchens and bathrooms, new flooring, in-unit laundry, and a reconfigured roof profile. Each residence offers 2BD/1BA, and all units connect directly to the communal backyard pool and patio area. A single-car garage provides additional tenant storage potential, while off-street parking serves the property.

The property is located at 981 E Camino Parocela in Palm Springs’ Warm Sands area. The units are 100% occupied by full-time renters, and each has separate meters for all utilities. Western mountain views extend from the shared outdoor space, adding a defined amenity to the property’s residential layout.

Key Highlights

  • Quadplex with four 2BD/1BA units
  • 2015 renovations included HVACs, kitchens, baths, flooring, windows, sliders, laundry, and roof profile
  • Pool and patio area installed in 2015 with direct access from all units

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Auto Parts Store Daycare Center Storage Facility (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,667
Businesses Nearby

Demographics for 92264, CA

19,254
Population
17,518
Households
1.1
Avg Household Size
61
Median Age
48%
College-Educated
94%
High-School Grad
50.9 sq mi
ZIP Area
378
Density / Sq Mi
$75,246
Median Household Income
$46,756
Median Earnings
$1,581
Median Rent
$498,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four renovated residences feature separate utility meters, in-unit laundry, and direct access to a shared pool and patio.
Where is this quadplex located?
The property is located at 981 E Camino Parocela Palm Springs, CA.
What are key features of this property?
This property features: Quadplex with four 2BD/1BA units; 2015 renovations included HVACs, kitchens, baths, flooring, windows, sliders, laundry, and roof profile; Pool and patio area installed in 2015 with direct access from all units
More about this property
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