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1900 S Camino Real, Palm Springs, CA 92264

$1,725,000

Property Type: Residential Income Bedrooms: 8 Baths: 8 Square Footage: 5,152 Status: Closed

Current Price: $1,725,000 List Date: 4/15/2024 Last Modified: 12/26/2024

Overview

Description

Rare opportunity to acquire a well maintained successfully established income property in one of the most desirable locations of South Palm Springs. This modern 6-Unit Courtyard complex (Two 2BDR-2BA and Four 1BDR-1BA) fully occupied with remarkable rental history and high cash-flow, offers stability for any type of investor, first-time purchaser, investors seeking to diversify their portfolio or execute a 1031 exchange. Nestled in the serene Twin Palms neighborhood, the complex features a private and peaceful environment, modern architecture with tall ceilings, stunning mountain views, a private central sparkling pool & spa and manicured landscape. The well-designed layout of each unit provides ample space and flexibility to accommodate a wide range of living arrangement. All separately metered, and with assigned off-street parking, and four units featuring private patios. Among the most recent updates in recent years, four of the six units were renovated with contemporary finishes, q ... (Read more)

Listing Details MLS# 219110045

General Property Information

Total Units: 6
Total Bedrooms: 8
Full Baths: 8
Total Baths: 8
Approx SqFt: 5152
SqFt Source: Other
Fireplace: No
Building # of Stories: Yes
Pool: Yes
Lot Size Source: Assessor
Year Built: 1975
Cross Streets: E La Jolla Rd

Property Features

Sale Type: Standard Listing Terms: 1031 Exchange; Cash; Cash to New Loan; Other Possession: Close Of Escrow; Subject To Tenants Rights Lot Description: Front Yard; Landscaped; Rectangular Lot Lot Location: Corner Lot; Near Public Transit View Type: Mountain(s); Panoramic; Pool Property Orientation Faces: Front Door Faces West Property Condition: Updated/Remodeled Irrigation: Sprinkler System; Sprinkler Timer Disclosures: Property As Is Building Style: Contemporary; Mid Century; Modern Levels: Ground; Ground Level, No Unit Above Unit Location: Ground Floor Appliances: Dishwasher; Disposal; Dryer; Gas Range; Refrigerator; Washer Kitchen Features: Quartz Counters; Remodeled Bedroom Features: All Bedrooms Down Bathroom Features: Double Vanity(s); Shower Stall Exterior Construction: Stucco; Other Foundation: Slab Flooring: Carpet; Tile Cooling Type: Air Conditioning; Ceiling Fan(s); Central Air; Other Pool Location: Community Pool Construction: Gunite; In Ground Pool Description: Community; Gas Heated; Gunite; In Ground Spa Hot Tub Construction: Hot Tub; In Ground Spa Hot Tub Description: Heated - Gas; Hot Tub Heating: Central; Forced Air; Other Rooms: Other Interior Features: Cathedral Ceiling(s); High Ceilings (9 Ft+); Other TV Services: Cable TV Laundry: Community Security Safety: Other Patio Features: Concrete Slab; Other Sewer: In, Connected and Paid Water: Water District Parking: Assigned; Other Contingent Upon: Appraisal; Inspection Land Lease Type: Fee Simple

Listing Location and Property Info

APN: 511054006
Original List Price: 1999000
Street #: 1900
Street Direction: S
Street Name: Camino Real
County: Riverside
State: CA
Zip Code: 92264
Area: 334 - Palm Springs South End
Neighborhood: Twin Palms
Country: US

Listing Info

Number of Buildings: Yes
Water Heater: Yes
Laundry: Yes
Laundry Equipment: Own
Elevator: No

Tax Info

Tax Mello Roos: Unknown

Property Info

Senior Community: No
Gated Community: Yes
View: Yes

More Information

Status Change Info

Status Change Date: 2024-06-28
Pending Date: 2024-06-28
Closed Date: 2024-06-28
Closed Price: 1725000

Counts

# Electric Meters: 6
# Gas Meter: 7
# Water Meters: Yes

Appliances

Other: Units vary
Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Gas Range: Yes
Refrigerator: Yes
Washer: Yes

Water

Water District Name: Desert Water Agency
Water District: Yes

Parking SpacesInformation

Total Parking Spaces: 9

Unit Information

Number of Units Leased: 6

Listing, Location and Property Info

New Construction: No
Entry Date: 2024-04-15
Land Type: Fee

Sale Type

Standard: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Cash to New Loan: Yes
Other: Yes

Possession

Close Of Escrow: Yes
Subject To Tenants Rights: Yes

Parking Spaces/Information

Total Covered Spaces: 0
Total Uncovered/Assigned Spaces: 9

Lot Description

Front Yard: Yes
Landscaped: Yes
Rectangular Lot: Yes

Lot Location

Corner Lot: Yes
Near Public Transit: Yes

View Type

Mountain(s): Yes
Panoramic: Yes
Pool: Yes

Property Orientation Faces

Front Door Faces West: Yes

Property Condition

Updated/Remodeled: Yes

Irrigation

Sprinkler System: Yes
Sprinkler Timer: Yes

Disclosures

Property As Is: Yes

Building Style

Contemporary: Yes
Mid Century: Yes
Modern: Yes

Levels

Ground: Yes
Ground Level, No Unit Above: Yes

Unit Location

Ground Floor: Yes

Kitchen Features

Quartz Counters: Yes
Remodeled: Yes

Bedroom Features

All Bedrooms Down: Yes

Bathroom Features

Double Vanity(s): Yes
Shower Stall: Yes

Exterior Construction

Stucco: Yes
Other: Yes

Foundation

Slab: Yes

Flooring

Carpet: Yes
Tile: Yes

Cooling Type

Air Conditioning: Yes
Ceiling Fan(s): Yes
Central Air: Yes
Other: Yes

Pool Location

Community: Yes

Pool Construction

Gunite: Yes
In Ground: Yes

Pool Description

Community: Yes
Gas Heated: Yes
Gunite: Yes
In Ground: Yes

Spa Hot Tub Construction

Hot Tub: Yes
In Ground: Yes

Spa Hot Tub Description

Heated - Gas: Yes
Hot Tub: Yes

Heating

Central: Yes
Forced Air: Yes
Other: Yes

Rooms

Other: Yes

Interior Features

Cathedral Ceiling(s): Yes
High Ceilings (9 Ft+): Yes
Other: Yes

TV Services

Cable TV: Yes

Laundry

Community: Yes

Security Safety

Other: Yes

Patio Features

Concrete Slab: Yes
Other: Yes

Sewer

In, Connected and Paid: Yes

Parking

Assigned: Yes
Other: Yes

Contingent Upon

Appraisal: Yes
Inspection: Yes

Land Lease Type

Fee Simple: Yes

Documents

Income & Expense and Rent Roll ›

Listing Office: Realty Trust

Listing Agent: Luca Volpe

Last Updated: December - 26 - 2024

Information deemed reliable but not guaranteed.

760.799.7770