Active

1900 S Camino Real

Palm Springs CA, 92264

$1,999,000


Active

Residential

Built in 1975

Listed by Luca Volpe with Realty Trust (760) 327-8000

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!

219110045PS

MLS ID

April 15, 2024

Listed

April 16, 2024

Updated

Map

1900 S Camino Real
Palm Springs CA, 92264

Interior Features

Total Stories

1


Interior Features

Cathedral Ceiling(s), High Ceilings


Appliances

Dishwasher, Disposal, Gas Range, Refrigerator, Water Heater


Floor Description

Carpet, Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central, Forced Air

Exterior/Building Features

Lot Size

0.34 Acres


Lot Features

Corner Lot, Front Yard, Landscaped, Near Public Transit, Rectangular Lot


Architectual Style

Contemporary, Modern

Other Property Details

Area Name

334 - South End Palm Springs


Garage

No


Parking

Assigned, Other


Parking Total

9


View

Yes


View Description

Mountain(s), Panoramic


County

Riverside


Pool

Yes


Pool Features

Community, Gunite, Gas Heat, In Ground


Buyer Agency Compensation

2.5%

Listing Contact: (760) 327-8000 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/16/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 4/16/2024 at 12:11 AM UTC

 

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