495 E Twin Palms Drive Active

Palm Springs,CA 92264

$ 8999888

- Bed

- Bath

37700 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 37,700 sqft

Price per Sqft $238

MLS Listing ID CRIV25172556

Year Built 1965

Lot Size 2.340 Acres

Property Sub-Type Other

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 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.

Location

State CA

County Riverside

Interior

Laundry Other

Building

Lot Description Corner Lot

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