225 Avenida Palmera, Palm Springs, CA 92264
-
Sold Price :
$4,000,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1976
Property Description
SELLER FINANCING IS AVAILABLE - INQUIRE FOR TERMS. This Spanish Hacienda style apartment complex, dubbed Casa de Palmera, comprises three separate buildings totaling 18 units on nearly an acre in Tahquitz River Estates. It's rare that a property of this caliber and potential becomes available in Palm Springs. All units are equipped with central AC, full appliance suites, oversized living spaces and bedrooms, and many units have one or two large private patios. All tenants are month-to-month and many are long-term residents. Unit Breakdown: four - 2BR/2.5BA two-story townhouses, four - 2BR/2BA single-level units, four - 1BR/1BA single-level units, and six - 1BR/1BA single-level "casita" units with no unit above. All units are currently below market rents. Other property highlights include: outstanding mountain views, lush green spaces, close proximity to public transportation, food, grocery, financial institutions, and downtown Palm Springs, owned laundry facilities, and abundant value-add opportunities.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Interior Information |
| Features |
Ceiling Fan(s) |
| Cooling Type |
Central Air |
Listing Information
| Address |
225 Avenida Palmera |
| City |
Palm Springs |
| State |
CA |
| Zip |
92264 |
| County |
Riverside |
| Listing Agent |
James Gault DRE #01985784 |
| Courtesy Of |
Compass |
| Close Price |
$4,000,000 |
| Status |
Closed |
| Type |
Residential Income |
| Structure Size |
N/A |
| Lot Size |
40,511 |
| Year Built |
1976 |
Listing information courtesy of: James Gault, Compass. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 23rd, 2024 at 11:05 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
