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Arash Rokni

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

$1,850,000

Est. payment - /mo

130 Beds

130 Baths

7,000 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Com-Res Income

Listing Status Active

Purchase Type For Sale

Square Footage 7,000 sqft

Price per Sqft $264

MLS Listing ID 260018893

Bedrooms 130

Full Baths 130

Property Sub-Type Com-Res Income

Property Description

1733 E Amado Rd. is a 10-unit multifamily property located in Palm Springs, CA. The property is an extremely rare opportunity as it will be delivered 100% vacant at Close of Escrow. No existing tenants, notices, cash for keys... renovate and take to full market rents. The asset features ample off-street parking, a gated pool, and several units with private yard space. The unit mix consists of one- and two-bedroom units, catering to a broad tenant base. Located in the highly desirable Sunrise Park neighborhood of Central Palm Springs, 1733 E. Amado Rd offers investors a rare opportunity to own an apartment property in one of Southern California's strongest lifestyle-driven rental markets. The property sits just east of Downtown Palm Springs, providing residents with convenient access to shopping, dining, entertainment, healthcare, and Palm Springs International Airport. This offering is well-suited for investors seeking a value-add opportunity with significant income growth potential and the ability to meaningfully increase cash flow almost immediately. Potential for existing multifamily, short-term furnished rental, or boutique motel. There is also potential to add an 11th unit by combining existing units. Buyer to verify all repositioning strategies. The property has some existing permitting needs with the City of Palm Springs, contact Broker to discuss further.

Location

State CA

County Riverside

Community Bbq, Heated Pool

Direction Amado Rd

Interior

Fireplace No

Exterior

View Y/N No

Total Parking Spaces 16

Building

Story 1

Others

Senior Community No

Tax ID 502-063-007

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Listed by Kyle Carruthers, DRE#01959946 KC West Real Estate

Nearby School & Business

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Arash Rokni

REALTOR® | CADRE# 02005305

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

San Diego Communities

1733 E Amado Palm Springs, CA 92262

Arash Rokni

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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