495 E Twin Palms Drive, Palm Springs, CA 92264 - MLS#IV25172556

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Arash Rokni

arash@roknigroup.com +1(619) 762-0777

$8,999,888

Est. payment - /mo

3 Beds

2 Baths

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Twin Palms (33512)

MLS Listing ID IV25172556

Bedrooms 3

Property Sub-Type Res Income 2-4 Units

Property Description

The Twin Palms Villas lot totals at 2.34 acres and consisting of 5 buildings and multiple parking lots. The property is located at 495 E Twin Palms Drive, Palm Springs, CA, and is conveniently located a short distance from the Downtown Palm Springs, the Historic Tennis Club, the Palm Springs Art Museum, the Palm Springs International Airport & many major regional employers. This 51 unit apartment community is composed of (41)One bedroom / One bathroom units and (10) Two bedroom /One bathroom units. The current ownerships emphasis has been on quality updates which include capital improvements exceeding $300,000 within the last year. Some of these improvements include parking lot re-done, floor replacement, window replacement, HVAC replacement, rehab expenses, landscaping expenses, plumbing replacement, and numerous other quality updates.

Location

State CA

County Riverside

Zoning Public Rec

Direction From S Palm Canyon Dr, head east on E Twin Palms Dr. Property will be on the right, just past S Camino Real.

Interior

Fireplace No

Exterior

Pool Community/Common

View Y/N No

Building

Story 1

Level or Stories 1

Others

Tax ID 009602247

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Listed by DARREN CORREA LE INVESTMENT GROUP

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Arash Rokni

REALTOR® | CADRE# 02005305

+1(619) 762-0777 | arash@roknigroup.com

San Diego Communities

495 E Twin Palms Drive Palm Springs, CA 92264

Arash Rokni

Key Details

Location

Interior

Exterior

Building

Others

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