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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8 Beds
8 Baths
5,152 SqFt
SOLD DATE : 06/28/2024

Key Details

Sold Price $1,725,000

Property 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 219110045

Sold Date 06/28/24

Style Contemporary,Mid Century,Modern

Bedrooms 8

Full Baths 8

HOA Y/N No

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 334 - Palm Springs South End

Interior

Heating Central, Forced Air, Other

Cooling Air Conditioning, Ceiling Fan(s), Central Air, Other

Fireplace false

Exterior

Pool Community, Gunite, In Ground

Utilities Available Cable Available

View Y/N true

View Mountain(s), Panoramic, Pool

Private Pool Yes

Building

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

Story 1

Entry Level Ground,Ground Level, No Unit Above

Sewer In, Connected and Paid

Architectural Style Contemporary, Mid Century, Modern

Level or Stories Ground, Ground Level, No Unit Above

Others

Senior Community No

Acceptable Financing 1031 Exchange, Cash, Cash to New Loan

Listing Terms 1031 Exchange, Cash, Cash to New Loan

Special Listing Condition Standard

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Terrance Scotton, Broker Associate

Terrance Scotton, Broker Associate

+1(626) 788-9299

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by Realty Trust

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Terrance Scotton, Broker Associate

+1(626) 788-9299

Broker Associate | License ID: 01707848 NMLS: 908256

Broker Associate License ID: 01707848 NMLS: 908256

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