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, quartz countertops, stainless steel appliances, modern showers and more. The roof of unit E was completely redone in 2022, and the L-shaped roof was serviced throughout. The pool decking was redone in 2022. This 6-Unit complex showcases attention to details in every aspect of its maintenance. Its location offers convenient access to renowned dining, shopping, and entertainment options. The property has high rental income with potential for further revenue growth. You Own the Land!
|
DAYS ON MARKET
|
26
|
LAST UPDATED
|
4/15/2024
|
|
TRACT
|
Twin Palms
|
YEAR BUILT
|
1975
|
|
COMMUNITY
|
South End Palm Springs
|
COUNTY
|
Riverside
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Disposal, Gas Range, Refrigerator, Water Heater |
| AREA |
South End Palm Springs |
| BUYER'S BROKERAGE COMPENSATION |
2.500 % |
| GARAGE |
Assigned, Other |
| HEAT |
Central, Forced Air |
| HOA DUES |
0 |
| INTERIOR |
Cathedral Ceiling(s), High Ceilings |
| LOT |
0.34 acre(s) |
| LOT DESCRIPTION |
Corner Lot, Front Yard, Landscaped, Near Public Transit, Rectangular Lot |
| PARKING |
Assigned,Other |
| POOL |
Yes |
| POOL DESCRIPTION |
Community,Gunite,Gas Heat,In Ground |
| STORIES |
1 |
| STYLE |
Contemporary, Modern |
| SUBDIVISION |
Twin Palms |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Mountain(s),Panoramic |
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Listed with Realty Trust
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 5/10/24 8:09 PM PDT and /or other sources. 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
This IDX solution is (c) Diverse Solutions 2024.
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