Palm Springs, CA 92264,1900 S Camino Real
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Palm Springs, CA 92264,1900 S Camino Real
Palm Springs, CA 92264,1900 S Camino Real
Palm Springs, CA 92264,1900 S Camino Real
Palm Springs, CA 92264,1900 S Camino Real

$1,725,000

Est. payment /mo

$1,999,000

13.7%
Est.Price: ?

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1900 S Camino Real Palm Springs, CA 92264

8 Beds

8 Baths

5,152 SqFt

SOLD DATE : 06/28/2024

Key Details

Sold Price $1,725,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,152 sqft

Price per Sqft $334

Subdivision Twin Palms

MLS Listing ID 219110045PS

Sold Date 06/28/24

Style Contemporary

Bedrooms 8

Full Baths 8

Construction Status Updated/Remodeled

Year Built 1975

Lot Size 0.340 Acres

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!

Location

State CA

County Riverside

Area Palm Springs South End

Rooms

Kitchen Remodeled

Interior

Interior Features Cathedral-Vaulted Ceilings, High Ceilings (9 Feet+), Other

Heating Central, Forced Air, Other

Cooling Air Conditioning, Ceiling Fan, Central, Other

Flooring Carpet, Tile

Equipment Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer

Laundry Community

Exterior

Parking Features Assigned, Other

Garage Spaces 9.0

Pool Community, Gunite, In Ground

View Y/N Yes

View Mountains, Panoramic, Pool

Building

Lot Description Front Yard, Landscaped, Lot Shape-Rectangular

Story 1

Foundation Slab

Sewer In Connected and Paid

Water Water District

Architectural Style Contemporary

Structure Type Other, Stucco

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Realty Trust
Bought with Thunderbird Realty

Andrew Rhoda

Agent | License ID: 01879250

+1(310) 295-7596

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