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Sold for $1,725,000 on 06/28/24
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  • Listing Provided by: 

    Luca Volpe DRE #02037333 760-327-8000,

    Realty Trust

    $1,725,000

    1900 S Camino Real, Palm Springs, CA 92264

    --beds
    --baths
    --sqft
    Multi Family
    Built in 1975
    -- sqft lot
    $1,740,800 Zestimate®
    $--/sqft
    $3,085 Estimated rent

    What's special

    Rare opportunity to acquire a well maintained successfully established income property in one of the most desirable locations of South Palm Springs. This modern 6-Unit Courtyard complex (Two 2BDR-2BA and Four 1BDR-1BA) fully occupied with remarkable rental history and high cash-flow, offers stability for any type of investor, first-time purchaser, investors seeking to diversify their portfolio or execute a 1031 exchange. Nestled in the serene Twin Palms neighborhood, the complex features a private and peaceful environment, modern architecture with tall ceilings, stunning mountain views, a private central sparkling pool & spa and manicured landscape. The well-designed layout of each unit provides ample space and flexibility to accommodate a wide range of living arrangement. All separately metered, and with assigned off-street parking, and four units featuring private patios. Among the most recent updates in recent years, four of the six units were renovated with contemporary finishes, quartz countertops, stainless steel appliances, modern showers and more. The roof of unit E was completely redone in 2022, and the L-shaped roof was serviced throughout. The pool decking was redone in 2022. This 6-Unit complex showcases attention to details in every aspect of its maintenance. Its location offers convenient access to renowned dining, shopping, and entertainment options. The property has high rental income with potential for further revenue growth. You Own the Land!

    Zillow last checked: 7 hours ago

    Listing updated: March 04, 2025 at 12:07pm

    Listing Provided by:

    Luca Volpe DRE #02037333 760-327-8000,

    Realty Trust

    Bought with:

    Leith Chandrasena, DRE #02141685

    Thunderbird Realty

    Source: CRMLS,MLS#: 219110045PSMLS LogoOriginating MLS: California Desert AOR & Palm Springs AOR

    Facts & features

    Interior

    Heating
    • Central, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Gas Range, Refrigerator, Water Heater
    Features
    • Cathedral Ceiling(s), High Ceilings
    • Flooring: Carpet, Tile
    • Has fireplace: No

    Property

    Parking
    • Total spaces: 9
    • Parking features: Assigned, Other
    • Uncovered spaces: 9
    Features
    • Levels: One
    • Stories: 1
    • Has private pool: Yes
    • Pool features: Community, Gunite, Gas Heat, In Ground
    • Has spa: Yes
    • Spa features: Heated, In Ground
    • Has view: Yes
    • View description: Mountain(s), Panoramic
    Lot
    • Size: 0.34 Acres
    • Features: Corner Lot, Front Yard, Landscaped, Near Public Transit, Rectangular Lot
    Details
    • Parcel number: 511054006
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Contemporary,Modern
    • Property subtype: Multi Family
    Materials
    • Foundation: Slab
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1975

    Community & neighborhood

    Community
    • Community features: Pool
    Location
    • Region: Palm Springs
    • Subdivision: Twin Palms

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,1031 Exchange
    Services availability
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