1900 S Camino Real, Palm Springs, CA 92264
- $1,725,000
- 8
- BD
- 8
- BA
- 5,152
- SqFt
- Sold Price
- $1,725,000
- List Price
- $1,999,000
- Closing Date
- Jun 28, 2024
- Status
- CLOSED
- MLS#
- 219110045
- Year Built
- 1975
- Bedrooms
- 8
- Bathrooms
- 8
- Living Sq. Ft
- 5,152
- Lot Size
- 14,810
- Lot Location
- Front Yard, Landscaped, Rectangular Lot, Corner Lot, Near Public Transit
- Days on Market
- 75
- Property Type
- Multifamily
- Style
- Contemporary, Mid-Century Modern, Modern
- Stories
- 1
- Neighborhood
- Twin Palms
Property Description
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!
/u.realgeeks.media/searchlaquintahomes/IMG_4984.jpeg)
Additional Information
- Land Lease Type
- Fee
- Lot Description
- Front Yard, Landscaped, Rectangular Lot, Corner Lot, Near Public Transit
- Appliances
- Dryer, Dishwasher, Disposal, Refrigerator, Washer, Gas Range
- Pool
- Yes
- Pool Description
- Community, Gunite, In Ground
- Spa
- Yes
- Heat
- Central, Forced Air, Other
- Cooling
- Air Conditioning, Ceiling Fan(s), Central Air, Other
- View
- Mountain(s), Panoramic, Pool
- Parking
- Assigned, Other
- Sewer
- In, Connected and Paid
- Water
- Water District
Mortgage Calculator
Listing courtesy of Realty Trust. Selling Office: .