Active
$3,350,000
11 Units
13 Beds
13 Baths
6,443 Area(sq.ft.)
Lot: 20,038 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| 0 | $ 0 | $ 0 | $ 0 |
| MLS #: | 219128200PS |
| Days On Market: | 249 |
| Listing Date: | April 1, 2025 |
| County: | Riverside |
| Property Type: | Residential Income |
| Price per ft2: | $ 520 |
| Price per unit: | $ 304,545 |
| Year Built: | 1965 |
Property Details
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!Interested in this Listing?
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Income Details
Structure
| Levels: | One |
| Security Features: | Card/Code Access, Owned, Resident Manager |
| Sewer: | In Connected and Paid |
| View Description: | Mountains, Pool |
Land & Parking
| Land Lease Type: | Fee |
| Parking Garage: | Assigned |
| Total Parking: | 14 |
Interior
| AC/Cooling: | Air Conditioning |
| Heating: | Forced Air |
| Laundry: | Community |
Exterior
| Pool: | No |
| Spa: | No |
Detailed Map
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Income
