Palm Springs, CA 92264,495 E Twin Palms DR
Palm Springs, CA 92264,495 E Twin Palms DR
Palm Springs, CA 92264,495 E Twin Palms DR
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Listed by DARREN CORREA • LE INVESTMENT GROUP
$8,999,888
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2.34 Acres Lot
Active

495 E Twin Palms DR Palm Springs, CA 92264

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRIV25172556

Year Built 1965

Lot Size 2.340 Acres

Source California Regional MLS

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

Area 334 - South End Palm Springs

Interior

Laundry Laundry Area

Exterior

Garage Spaces 56.0

Pool Pool - Fenced, Community Facility

Building

Story One Story

Water District - Public

Others

Tax ID 009602247

Special Listing Condition Not Applicable


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agent

Michelle Rico

Agent | DRE# DRE# 02210817

+1(831) 406-2859

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495 E Twin Palms DR