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$2,300,000
13 Beds ⋅ 11 Baths ⋅ 219104526 MLS ⋅ CLOSED Status
Pleased to offer this 11 unit apartment complex for sale in the beautiful Twin Palms neighborhood of Palm Springs! Located at 2080 S Camino Real, Canyon Villas sits on 1⁄2 an acre in South Palm Springs and offers amazing panoramic views of the San Jacinto Mountains along with close proximity to downtown and the curve district. The unit mix includes (1) studio, (7) one bedroom units, (2) two bedroom units, and (1) three bedroom unit with only a single vacancy! This property has been very well maintained and offers dedicated on-site parking to each tenant, a beautiful interior courtyard with a shared pool, and private patios. The interiors have been updated with quality finishes and are well maintained. Canyon Villas has historically had very good occupancy rates, with most of the current tenants having been renting for 3+ years. Rents are currently below market and the new owner would have the opportunity to increase the NOI, as we have seen steep increases in rental rates over the past 36 months. This is a great opportunity to purchase a near fully leased, income producing asset in the Palm Springs market with very little deferred maintenance. Reach out to Listing Agent for more information and please do not disturb tenants.

2080 S Camino Real, Palm Springs
$1,480,000
3 Beds ⋅ 2 Baths ⋅ 219097983 MLS ⋅ CLOSED Status
Are you looking to own a BEAUTIFULLY-RENOVATED MID-CENTURY MODERN home with an OPEN FLOOR PLAN located at TWIN PALMS IN SOUTH PALM SPRINGS on LAND YOU OWN? Located within blocks of restaurants and just minutes to golf, hiking, and Downtown Palm Springs, this is a home you can ENJOY OR RENT OUT as a SHORT-TERM VACATION RENTAL! This architectural gem inspired by William Cody is THE ONE TO SEE! Offering PREMIER FINISHES like modern cabinetry, quartz counters and a porcelain tile flooring throughout! AVAILABLE FURNISHED! Gourmet kitchen styled up with quartz counters, modern cabinets, and stainless appliance suite features a large, detached island with secondary sink, separate peninsula bar with counter seating, and a garage-style window that swings open to the outside dining area creating the ideal refreshment bar. Primary Ensuite One includes a large walk-in closet, spa-like bath with dual sinks, walk-in shower and separate tub and a sliding glass door that opens to the backyard. Bedrooms Two and Three offer floor to ceiling windows and have easy access to the hallway bath that features a walk-in shower and a door that opens to the backyard. Inside utility room and pantry leads to the attached two car garage. Freshly installed HVAC system!

1911 Yucca Place, Palm Springs