495 E Twin Palms Drive, Palm Springs, CA 92264
List Price: $7.5M
Listing Status: Active
Original List Price: $9M
0Days on Market: 270
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1965
Lot Size: 101,930 sq ft
Private Pool: Yes
MLS Number: IV25172556
About This Property
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 ownership’s 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
Listing provided by: DARREN CORREA DRE #02066621 909-256-7889 darren.correa@leinvestmentgroup.com, LE INVESTMENT GROUP
Source: CRMLS, MLS #: IV25172556
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.