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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$3,350,000

Est. payment - /mo

0.46 Acres Lot

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Tahquitz River Estat

MLS Listing ID 219128200PS

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1965

Lot Size 0.460 Acres

Property Description

Mid-century modern apartment community in prime Palm Springs location. Exceptional investment opportunity with rental income upside. Spacious units with pool views and private patios. Nine 1-bedroom units and two 2-bedrom 2-bath units. All separately metered for electricity and all currently on month-to-month leases. Nestled in the prestigious Tahquitz River Estates neighborhood across the street from the iconic Villa Royale hotel. Tenants love that it is close to downtown Palm Springs and very near the Ace Hotel, Saguaro Hotel, Koffi, grocery shopping and restaurants. Lushly landscaped grounds with units surrounding a brand new and shimmering pool create a quiet and relaxing retreat for the Tenants to enjoy resort living and the Palm Springs lifestyle. Updated units, new roof, and newly surfaced and striped parking make this a great low maintenance investment. Don't miss this opportunity to own a piece of paradise in Palm Springs!

Location

State CA

County Riverside

Area 334 - South End Palm Springs

Interior

Heating Forced Air

Flooring Laminate, Tile

Fireplace No

Appliance Water Heater

Exterior

Parking Features Assigned

View Y/N Yes

View Mountain(s)

Total Parking Spaces 14

Private Pool No

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 508363008

Security Features Key Card Entry,Resident Manager

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by Mary Marx • Berkshire Hathaway Home Services California Properties

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1595 S Indian TRL Palm Springs, CA 92264