2980 E RANCHERO Drive, Palm Springs, CA 92262 (MLS# 17295986)

2980 E RANCHERO Drive, Palm Springs, CA 92262

$1,905,000

Walled and gated complex surround commun

Property Type: Residential Income Bedrooms: 17 Baths: 10 Square Footage: 4,848 Lot Size (sq. ft.): 21,371 Status: Closed

Current Price: $1,905,000 List Date: 12/13/2017 Last Modified: 5/14/2026

Overview

Description

Prime location off E Ramon Rd, this 8 unit single-level complex has been extensively remodeled and shows pride of ownership throughout. It totals 17 bedrooms and 10 bathrooms in nearly 5,000+/- SF. It is comprised of (2) 3BR/2BTH units, (5) 2 BR/1BTH units and a (1) 1BR/1BTH unit all with private patios and surrounding a community pool in a gated enclave. Off street parking for 12+ cars. Uses include apartment rentals, vacation rentals or converting it to a sober living home, senior living community or a possible condo conversion. Current owners utilize this as a family compound. As such there are no rental or expense histories. Zoned R-2. Projected rents estimated at $12K+ per month. Units have modern, high end kitchens/bathroom, tile flooring throughout, high ceilings, dual pane windows, washer/dryer in every unit and individual gas/electric meters. Complex backs to estate lots. This is a superior complex ready for your investment direction. Call listing agent for details

Supplements: is one gas and electric meter serving the common areas and one main water meter at the street.

Listing Details MLS# 17295986

General Property Information

Total Units: 8
Total Bedrooms: 17
Total Baths: 10
Approx SqFt: 4848
SqFt Source: Other
Building # of Stories: Yes
Pool: No
Lot Acres: 0.49
Lot Size Source: Other
Year Built: 1960

Property Features

Sale Type: Standard Levels: Ground; One Appliances: Dishwasher; Dryer; Refrigerator; Washer Flooring: Ceramic Tile Cooling Type: Air Conditioning Heating: Central Security Safety: Gated Community Sewer: In, Connected and Paid Land Lease Type: Fee Simple

Listing Location and Property Info

APN: 502252006
Original List Price: 2150000
Street #: 2980
Street Direction: E
Street Name: RANCHERO
Street Suffix: Drive
County: Riverside
State: CA
Zip Code: 92262
Area: 332 - Palm Springs Central
Neighborhood: Gateway

Listing Info

Number of Buildings: Yes
Laundry: Yes
Laundry Equipment: Own

Status Change Info

Status Change Date: 2018-05-18
Pending Date: 2018-02-19
Closed Date: 2018-05-18
Closed Price: 1905000

Counts

# Electric Meters: 8
# Gas Meter: 8
# of Dishwashers: 8
# of Patios: 8
# of Ranges: 8
# of Refrigerators: 8
# Water Meters: Yes

More Information

Parking SpacesInformation

Total Parking Spaces: 12

Listing Office: HomeSmart

Listing Agent: Gil L Rose

Last Updated: May - 14 - 2026

Information deemed reliable but not guaranteed.